PRRES Newsletter

April 2008

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14th Pacific Rim Real Estate Society Conference cont’d

The conference provided a major international forum for the presentation and discussion of the latest property research and practice by researchers, academicians and practitioners. The activities of the conference included parallel sessions, post graduate research sessions, a gala dinner and keynote addresses by YB Bhg Datuk Ong Tee Keat, the Deputy Minister of Higher Education Malaysia and Mr Michael Smith, Head of Real Estate, Goldman Sachs, Asia Pacific.

The post graduate sessions were held at the Faculty of Built Environment, Universiti Malaya on the 20th January with participation from post graduate students from various universities in Malaysia discussing diverse research topics in the built environment discipline. The opening ceremony was officiated by Yg Bhg Datuk Ong Tee Keat who also gave a keynote address on the first day. To cement the working relationship between the partnering universities and ISM, a memorandum of cooperation (MOC) signing ceremony was held between the Institution of Surveyors Malaysia (ISM) and Universiti Tun Hussein Onn Malaysia. This then adds another member university to the partnering university collaboration that was initiated earlier in June 2005. The minister graciously witnessed the ceremony.

Mr Michael Smith of Goldman Sachs Asia Pacific delivered the second day keynote address entitled ‘Securitisation of Asian Real Estate’. The parallel sessions, held on the 21st to 23rd January 2008, had presenters addressing a wide range of topics which included sustainable development, valuation, property education, corporate real estate, housing, facilities management, property performance, property finance, property investment, property marketing and REITs. Eminent speakers also included professors from universities of the Asia Pacific region.

To mark the last day session, a REIT forum was held on the 23rd January 2008 which followed a presentation from Mr Lim Ye Jhen, General Manager, Hektar Asset Management Sdn Bhd. The panels of the forum included Mr Elvin Fernandez, Managing Director of Khong & Jaafar, Dato’ Mani Usilappan, Adjunct Professor of Universiti Malaya and Universiti Tun Hussein Onn Malaysia and Professor Graeme Newell, University of Western Sydney, Australia. The moderator of the session was Dr Ting Kien Hwa from University Teknologi MARA.

The conference had a total number of 133 delegates from 15 countries which included Australia, New Zealand, UK, Taiwan, Hong Kong, Singapore, Switzerland, South Africa, Uganda, Germany, Greece, Finland, Austria and Malaysia. Although Australia had the most presenters of papers the number of papers from the Malaysian delegates was encouraging, totalling 17 out of over 80 papers delivered throughout the conference.

The organizing committee would like to extend their appreciation to those who have given support (especially sponsorship) to make the conference a reality.

Yasmin Mohd Adnan

PRRES Conference Convenor

February 2008

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