Global PerspectivesProfessor Mark SharpAIPP Chief Executive
ScopeOverview of AIPP
 Overview of global trends
 AIPP 2011 objectives
Working together
SummaryWho we areNot for profit organisation.
 Set up to improve the standards of professionalism in the international property market.
 Provide the consumer with confidence.Who we areProvide a united voice for professionals.
 Members follow robust Code of Conduct.Who we are Members pride themselves on:
Honesty
Integrity
 TransparencyWho we are Members therefore provide a professional service and are accountable to the AIPP via:
Complaints Procedure
Reprimanded, fined, suspended, expelled.
Dispute Resolution Procedure
Arbitration Global trends Generally global economy is in slow recovery with pockets of resistance.
 Australia seeing significant signs of house price inflation (18%) as is Canada (16%).Global trends China’s tourism starting to gather pace and luxury housing will start to attract consumers although purchasing is restrictive in Asia.
 Turkey is experiencing significant growth both in economy and second home buyer investment as are certain areas in Russia (Moscow) and Brazil (Sao Paulo).Global trendsWorld trade figures between developed countries and developing countries 05 -12(c) Economist Intelligence Unit 2010
Western markets Lending strategy dominates the market - USA just breaking even.
 UK domestic market is up on the year but still 5-10% down on 2007 highs.Where UK is spendingDept of Business, Innovation and Skills 2010
Where UK is spending 2007-2012 comparison (units in 000)Dept of Business, Innovation and Skills 2010
Who is buying international property by age - UKDept of Business, Innovation and Skills 2010
UK Buyer ProfileKnowledgeable
 UK consumers are now knowledgeable about the market and the do’s and don’ts of international real estate.
 USA
 Is regulated via NAR but not to international markets.UK Buyer ProfileMarket
 Generally better than it was a year ago.
 Reluctance to buy off plan.

Internationalisation of Developments and Residential Estates - Professor Mark Sharp