PRRES Newsletter

April 2010

PRRES 2010 Conference Wellington, New Zealand

As the convenor of the 2010 Pacific Rim Real Estate Society conference in Wellington, I am happy to report that the conference was very well received.  I received a number of congratulatory emails including one from a delegate who wrote “I would like to congratulate you on the conference. It was excellent in all respects and a credit to you and the team from Massey”.  The 2010 PRRES conference had over 120 delegates attending from countries which included Australia, America, New Zealand, China, Germany, Canada, Hong Kong, Malaysia, Nigeria, Philippines, London, Japan, Singapore, South Africa and Taiwan. Highlights of the conference included the PhD colloquium, key note speakers, parallel sessions, industry day presentations, property case study competition, prizes and awards and the conference dinner.

The PhD Colloquium was held on Sunday 24th January at the Wellington campus of Massey University.  The opening address was provided by Professor Graeme Newell who provided helpful hints on completing a PhD and the process of getting through the examination period.  There were ten PhD presentations representing seven universities in Australia, New Zealand, Hong Kong, Malaysia etc.  The presentations covered property valuation, property taxation, real estate development, property investment, listed property companies and REITS. The topics were also geographically diversified, covering real estate issues in Australia, Malaysia, Hong Kong, China and other emerging property markets.  It is a good sign to see more PhD students coming with a diversified range of topics.

Professor Terry Boyd delivered an excellent keynote address on Monday entitled ‘The brain’ (sponsored by Estate Master).  He got the audience thinking about strategies to keep the brain active and the neurons connecting (and reconnecting). Dr Anthony De Francesco delivered the second keynote address on Tuesday.  It was very well received and focused on the theme ‘industry research needs and how academics could work with industry’.

The parallel sessions held on the three days had presenters addressing a wide range of topics including housing markets, REITS, property development, valuation, housing property investment, finance, affordability, property rights and agency, corporate real estate, property education, land and environment, land supply, rural land returns, management and taxation. Wednesday 27th January was Industry Day with a series of excellent speakers covering the Australian and New Zealand markets. John Peters from the Commonwealth Bank of Australia provided a positive outlook on the future of countries in the Pacific Basin whose economies are closely tied in with China.   Another highlight of the conference was the 2010 PRRES Business Case competition where a team of students from the University of Auckland just nudged out the University of Southern California team to win the final by a whisker.  Kahwen Tan is commended for the running of the case competition.

On behalf of the Massey team I would like to thank all the conference delegates for their participation and wish all participants the best in 2010. I look forward to seeing many of you at the 2011 PRRES conference in the Gold Coast. Also note that the conference proceedings are now available on the PRRES website. Thanks to Peter Rossini for his hard work in getting the conference proceedings on line.

Song Shi

PRRES 2010 Conference Convenor

 

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