17th Annual Pacific Rim Real Estate Society Conference
16 to Wednesday 19 January 2011
Proudly supported by
Bond University’s Institute of Sustainable Development & Architecture was delighted to host the three-day 17th Pacific Rim Real Estate Society Conference on the Gold Coast with the support of Queensland University of Technology and the University of the Sunshine Coast in January this year. With the theme ‘Climate Change and Property: its impact now and later’ the conference was among the one of the most successful conferences with 165 delegates attending the main conference that included 110 delegates attending the Welcome Reception and 140 delegates enjoying the conference dinner.
Opened by Prof Robert Stable, Bond University Vice Chancellor & President the conference highlighted different aspects of the main conference theme of Climate Change and Property: its impact now and later with 116 thought-provoking academic paper presentations. These included Climate Change and Environmental Issues, Energy Efficiency and Property, Sustainability and the Built Environment, Specialist Property, Housing Markets and Housing Affordability, Commercial Property & Valuation, Property Management & CRE, Property Market Analysis, Property Rights/Legislation and Property Issues, Development, Education, Finance and Investment, and Legislation and Legal, Rural Issues.
Inspiring keynote presentations were delivered by Meg McDonald-CEO Carbon Trust Australia, Prof George Earl-Bond University’s Institute of Sustainable Development & Architecture, Govindan Nair-Lead Economist The World Bank (retired) and President of Hemispheres Solutions LLC USA, The Hon Tom Roper-President The Australian Sustainable Built Environment Council, Brian Stewart-CEO & General Council Urban Development institute of Australia, Stephen Butler-National Engineering & Operations Manager Mirvac, Prof Philip Follent-Head of School Soheil Abedian School of Architecture Bond University, Prof Brian (Tony) Ciochetti-Thomas G. Eastman Chair and Chairman Center for Real Estate Massachusetts institute of Technology, Prof Mike Hefferan-State President QLD Division Property Council of Australia.
Additional conference events included the PhD Colloquium with 35 people in attendance (24 PhD presenting students, 19 observers), the 3rd Case Competition with 6 Teams competing including Bond University’s Institute of Sustainable Development & Architecture, Queensland University of Technology, The University of Auckland, University of South Australia, University of Southern California, University of the Sunshine Coast with The being awarded first place for 2011, congratulations.
For 2011, Industry Day had two themes, with the morning session providing presentations by international and local speakers on issues of Sustainable Development and Real Estate. The speakers included:
The afternoon session provided a panel discussion addressing the proposition that industry players and peak bodies often suggest the academic research is irrelevant. The question posed was “What Makes quality research industry relevant?” One of the major conclusions from the floor was that in order that academic research becomes more relevant it must be more inter disciplinary.
The panel was comprised of; Prof George Earl, Director of the Institute of Sustainable Development & Architecture (Facilitator) Brian Stewart, COE UDIA Queensland Prof Mike Hefferan, State president of the Queensland API
Over 15 countries were represented at this year’s conference with delegates attending from the United Kingdom, United States of America, New Zealand, Germany, Finland, Slovakia, Singapore, Thailand, Malaysia, Taiwan, Hong Kong, Fiji and all states of Australia.
Conference sponsors included the Australian Property Institute – QLD Division who kindly contributed to the success of the Welcome Reception held at the Institute of Sustainable Development & Architecture, along with the support of PRRES Society Inc sponsors: Australian Property Institute [API], Estate Master Property Software and Royal Institution of Chartered Surveyors [RICS].