Real estate experts hold urban revolution in Manila

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National Association of Realtors president Vince Malta will be one of the speakers at the 71st World Congress of the Federacion Internationale des Adminstrateurs de Biens Conceils et Immobiliers (FIABCI) to be held in Manila on May 26-30, 2020. -- COMPANY HANDOUT

EXPERTS in construction and real estate industries are gathering in Manila this May for the 71st World Congress of the Federacion Internationale des Adminstrateurs de Biens Conceils et Immobiliers (FIABCI).

“An ‘urban revolution’ has started to take shape, globally redefining real estate in the context of today’s challenges while highlighting it as a sunrise industry with progressive demand-driven and consumer-focused property developments,” Reghis M. Romero II, chairman of the Philippine chapter of the FIABCI and the 2020 FIABCI World Real Estate Congress, said in a statement.

The FIABCI event will tackle how the real estate sector can address the challenges of climate change, global warming, rising sea levels, natural calamities, and environmental pollution.

“And as the theme of the Congress, ‘Urban Revolution’ will be aptly mounted in the Philippines to gather momentum in this part of the world where it is needed most,” said Nestor Mangio, architect and president of FIABCI-Philippines. The Philippines is prone to typhoons, rising sea levels, earthquakes, volcanic eruptions, among other natural calamities.

“Add to that the ever-increasing volume of vehicular traffic, air pollution, household and industrial wastes, urban sprawl and migration, costs of fuel and electricity, and all the support infrastructure necessities, and you end up with a perfect recipe for a social catastrophe,” Mr. Mangio said.

“Nonetheless, the industry has been coming up with various urban planning and technological solutions that can create ‘ergonomic’ cities, optimize land resource development and utilization, enhance the integrity, flexibility and energy efficiencies of physical structures, and thus improve the lives of residents,” Mr. Romero added.

The 2020 FIABCI World Congress will be held at the Marriott Convention Center on May 26–30, 2020.

Speakers include US-based National Association of Realtors president Vince Malta, Megaworld Corp. President Kevin Tan, outgoing FIABCI World president Walid Moussa, global design director Anthony Cuthbertson of Topshop London, sustainable design development advocate Daniel Watch and a representative from Foster and Partner UK.