by Brianna Crandall — May 6, 2011—The Institute of Real Estate Management (IREM) recently approved the formation of IREM China Shanghai Chapter No. 118, covering Shanghai, Jiangsu and Zhegiang. It is IREM’s first chapter in China and third in Asia, and joins 80 others across the United States and 13 elsewhere around the globe.
Growing out of an agreement signed in 2008 between IREM and the Shanghai Weston Real Estate Management Institute, the new chapter currently has 35 CPM Members and four CPM Candidates. The chapter’s first president, Qui Liu, CPM, is head of asset management for Shanghai Land Group Co., Ltd., and was general manager of the company responsible for the 2010 Shanghai World Expo, which attracted over 73 million visitors over six months.
IREM is an international community of real estate managers across all property types. An affiliate of the National Association of Realtors, IREM is the only professional REM association serving both the multi-family and commercial real estate sectors. Worldwide membership includes nearly 18,000 individual members and over 535 corporate members. IREM says that offshore interest in its CPM designation and supporting education has grown dramatically in recent years, with one-third of all new CPM Members coming from outside the U.S.