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Property group to hold summit

By MST Business | September 19, 2013 | manilastandardtoday.com

The Organization of Property Stakeholders Inc., composed of  real estate developers, brokers, and members of the banking industry, is set to hold a summit to identify the major challenges affecting the stakeholders in the multi-billion peso real estate industry.

With the theme “Transparency, Efficiency, and Accountability: A Challenge to All Property Stakeholders,” the summit will be held on Oct. 18 at the Marco Polo Hotel in Davao City.

Tops president Michael Jansen Abella said the summit, a “highlight event for 2013,” would focus on the present status of the industry as well as review of the existing processes and come up with solutions to cope with the booming real estate industry.

Abella said the summit would be very timely and relevant as this aimed to further improve private-public coordination in the hope that the industry can grow and sustain the demand created by the growth of the real estate industry.

The Land Registration Authority and other government agencies were invited to grace the event.

Abella said the summit would bolster the private sector’s and government’s shared vision and common goal that would ultimately benefit the transacting public. He acknowledged the government’s efforts in reaching out to the private sector, and said that Tops aimed to do the same by supporting its projects and programs.

LRA administrator Eulalio Diaz  III cited the forthcoming event as very timely in view of the agency’s stepped up implementation of the land titling computerization program, strengthened drive against organized crime involved in fake land titles, and closer coordination with pertinent agencies and private corporations servicing property owners.
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