From its inception in 1933 through today, the Institute of Real Estate Management (IREM) has served as a source, resource and a welcome guide for real estate management professionals. By providing valuable training and leadership advocacy for the real estate industry and professionals, IREM has shaped, responded to and played an integral role in what is currently a multi-trillion dollar industry employing millions of talented leaders worldwide. During the next 25 years, green buildings will not only be the standard, but people can expect to see new uses for buildings, including those for growing farm products, generating their own power, and operating with artificial intelligence; additionally, most buildings will become homogenous and linked with all other buildings surrounding them. There is a growing shortage of talent within the real estate industry. By 2033, 75% of all buildings valued at $50 million or more and 35% of all buildings valued at less than $50 million will be operating under a set of global standards. Not only will IREM lead this role, but it will become the standards arbitrator.
FUTURE | 86 TITLE HERE | 86 THE NEXT 25 YEARS... What’s Ahead for the Real Estate Industry & IREM by Christopher Lee TIME CAN BE A MEASURE OF OUR EXPERI-
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