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BERLIN-Jean-Marc Levet was inaugurated as President of the International Real Estate Federation at its 54th annual congress held in Berlin last week.

The Federation’s Secretary from 1998-2000 and President of its French national chapter from 1995-1997, Levet was a property manager in Paris for 30 years from 1970-2000, where he managed the company which bore his name. In 1991 he founded Levet & Partners, an international network of property advisors with subsidiaries in Paris, New York and Lisbon. He is also a co-founder of the European Confederation of Property Managers and was President of the European Council of Real Estate Professions from 1992-1996.

The Federation was created in 1949 and is a multi-disciplinary, multi-sector and multi-lingual organization serving the interests of real estate professionals in over 60 countries around the world. In his inaugural speech, Levet said the Federation would become more involved in decisions affecting codes of measurement, co-ownership of property, building site usage and valuation methods of land and property.

“If we are not careful, these studies and their results will take place without the participation of the real estate professions themselves,” said Levet. “This is why it is now up to the trade organizations to play their role. Some still remain to be convinced. Our role is to take up this challenge.”

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