Real Estate Industry and Federal Homeland Security Officials Announce Formal Partnership

Posted On Tuesday, 04 March 2003 10:01 Published by
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National real estate industry leaders and federal homeland security officials entered into an agreement establishing a formal public-private partnership to help protect U.S. real estate assets against potential terrorist attacks.
National real estate industry leaders and federal homeland security officials entered into an agreement establishing a formal public-private partnership to help protect U.S. real estate assets against potential terrorist attacks.

The partnership will facilitate the two-way flow of information between the federal government and the real estate industry regarding terrorist threats, warnings and response planning by supporting the development of a new Real Estate Information Sharing and Analysis Center (ISAC).

The Real Estate Roundtable brings together the nation’s top real estate ownership, development, investment and management firms with leaders of major real estate trade associations to jointly address key national policy issues. It will work with the National Information Protection Center (NIPC) in developing the database.

The core mission of the NIPC, which will transfer its operations into the new U.S. Department of Homeland Security, is to detect, assess, warn of, prevent and respond to attacks against the nation’s critical infrastructure. Since its formation in 1998, the NIPC has helped facilitate the federal government’s response to the challenges of terrorist threats and incidents.

The Real Estate Roundtable’s membership reflects all segments of the real estate industry, including the office, retail, housing, industrial and hospitality sectors.

The new Real Estate ISAC, a separately chartered not-for-profit being organized by The Real Estate Roundtable, will work to advance goals identified by the Roundtable and its trade association partners. The goals include:

• Encourage and coordinating information sharing and analysis that will enable the real estate industry to identify, assess and reduce vulnerabilities to malicious attacks, and to recover from any attacks as quickly as possible.

• Facilitating the industry’s reporting to government authorities of credible threats to real estate assets, and assisting the government in disseminating threat and warning information within and among the different sub-sectors of the real estate industry.

• Encouraging the development of, and serving as a central repository for sharing, building-security related practices as they are formulated by industry participants, trade associations, government agencies and other nonprofit and consulting organizations.

Publisher: FacilitiesNet
Source: FacilitiesNet

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