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Kruger goes to UN

Inside Business
Aspen, CO Colorado

ASPEN ” Ruth Kruger of Kruger and Co. has just returned from the United Nations in New York to celebrate the International Real Estate Federation’s, or FIABCI’s, Special Consultative Status to the Economic and Social Council of the United Nations.

More than 130 international real estate professionals from around the world and representatives from the UN were in attendance.

“Robert M. White Jr.’s presentation on the global outlook for commercial prop­erties and currencies was very informa­tive, especially with recent events,” Kruger said.

White noted that 10 percent of U.S. buy­ers in 2007 were foreign and 70 percent of European buyers are global buyers. That segment is growing.

“As this happens, the whole world is competing for the same buyers,” Kruger said. “These statistics are invaluable when trying to market U. S. properties to foreign buyers. It also shows that we need to start thinking outside of American boundaries and attract Europeans and Asians to the U.S. real estate market.”

Kruger is a CCIM, CIPS, RSPS and TRC, specializing in commercial and interna­tional luxury waterfront homes.

Through its individual, company, and professional and association members in 68 countries, FIABCI members have access to more than 2 million potential contacts. FIABCI-USA (the U. S. chapter) is the only international real estate organization representing the entire spectrum of the industry in the country.

FIABCI-USA’s mission is to open the international community to its members on a local, national and global level so that they may develop a broad base of real estate contacts.


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