Proceedings from the PRRES Conference - 2007
The 13th Annual Conference of the Pacific Rim Real Estate Society 
 January 21 to 24, 2007, Fremantle, Western Australia

Key Note Speakers
Delegate Papers - Listed by Author
Delegate Papers - Including Keywords and Abstract

Download the full conference program (as PDF file 1.3 Mbytes)

Conference hosted by

The Curtin University of Technology

PRRES Conference - 2007, Keynote Speakers

Professor Graeme Newell, University of Western Sydney
Graeme Newell is Professor of Property Investment at the University of Western Sydney. He has published extensively in the leading property research journals in the areas of property risk, Listed Property Trusts, international property and the role of property in portfolios. Graeme has received numerous excellence awards for his property research and property education contributions over many years. Graeme has strong links to the property industry, both in Australia and internationally. He is currently editor of the Pacific Rim Property Research Journal, as well as editor of the international section in Journal of Real Estate Literature. Graeme’s keynote address is on “Challenges and opportunities for property academics”.

Abstract of keynote address
The university sector landscape has changed considerably in recent years. Declining university budgets, re-positioning of property departments, and significantly higher salaries for better property graduates in the capital markets have all placed pressure on the development of the next generation of property academics. Despite these pressures, this also presents opportunities for property academics to review their profiles to significantly enhance their property academic career opportunities. This paper will assess the strategies available for property academics to further develop their academic career prospects; in particular, career strategies for new property research agendas, enhanced international recognition and strong academic leadership will be discussed.

Professor Spike Boydell, University of Technology, Sydney
Dr Spike Boydell took up his new role as Professor of the Built Environment at the University of Technology Sydney in February 2006. Spike is taking a leading role in developing the research directions and achievements of the construction, property, urban planning and project management disciplines in the School of the Built Environment. The major thrust of his appointment is to build success in attracting research grants and industry collaborations, increasing research degree enrolments and building the supervisory capacity of academics within the School. After an early high profile career in the property industry, Professor Boydell has held academic positions in Australia, the UK and the South Pacific. His doctoral research investigated the investment appraisal of enclosed regional shopping centres in Australia. He has been actively involved in environmental and sustainable aspects of the built environment as well as being a United Nations Visiting Expert on land tenure and property rights issues. His current research agenda is focused on the City as Common Property, Sustainable Urbanism and leading the multi-disciplinary Centre for the Creative City within the Faculty of Design, Architecture and Building. Spike’s keynote address is titled “Disillusion, Dilemma and Direction: the role of the University in Property Education”

Abstract of keynote address
At a time when academics in the vocational built environment disciplines find themselves in an employment environment with an increasing emphasis on research output and impact, there is conflicting push for ‘reality’ from the industry that our graduates will serve. There is resultant disillusionment from both academe and industry. Add to this the expectation from our accreditation bodies that lecturing staff, including part-time faculty with extensive industry expertise, must have a strong research profile and the dilemma is compounded. In a short and provoking keynote address, Professor Spike Boydell will challenge industry, academe and our professional institutions to come together and find consensus on how we best balance the multiple expectations on our university faculties to best serve society in the built environment arena.

Delegate Papers

Papers shown as "refereed" have been refereed through a peer review process involving an expert international board of referees headed by Professor Yu Shi Ming from the National University of Singapore.  Full papers were refereed with authors being required to make any changes prior to presentation at the conference and final publication as a refereed paper in these proceedings.

Hera Antoniades, Should Residential Tenancy Inspection Reports Be Supplemented By Visual Aids? Refereed

Dr Lynne Armitage, Victoria Brown, Issues In Property Management: Caravan Parks – Housing On The Fringe – The Frankston View

Henning Bjornlund And Peter Rossini, Tracing Evidence Of Rational Investor Behaviour In Water Markets - Revisited

Henning Bjornlund And Martin Shanahan, Comparing Implicit And Explicit Water Prices In Three Australian States Refereed

Shaun A. Bond And Soosung Hwang, An Analysis Of Commercial Real Estate Returns: Is There A Smoothing Puzzle?

Sandy Bond And Larry Squires, Using Gis To Measure The Impact Of Distance To Cell Phone Towers On House Prices In Florida

Terry Boyd, Bridging The Gap: A Graduate Training Program For The Property Industry In Australia Refereed

Nelson Chan, Deciphering The Latest Round Of Macro Control Of Real Estate In China

Nelson Chan, Should Foreign Real Estate Investment Be Controlled In China?


Bwembya Chikolwa, An Empirical Analysis Of Commercial Mortgage-Backed Securities Credit Ratings: Australian Evidence

Neil Crosby And Sandi Murdoch, Australian And Uk Small Business Leases – What Can We Learn From Each Other?1 Refereed

Neil Crosby, Sandi Murdoch, Eilleen Webb, Landlords And Tenants Behaving Badly? The Application Of Unconscionable And Unfair Conduct To Commercial Leases In Australia And The Uk.

Anthony Crossland, Interest Rate Effects On Listed Property Trust Performance

William Dimovski And Robert Brooks, Factors Influencing The Direct Costs Of Property Trust Ipos.

William Dimovski And Robert Brooks, An Investigation Into The Responsiveness Of Listed Property Trust Returns And Their Attributes Refereed

Chris Eves, Nsw Rural Land Performance: 1990-2005

Nick French, Valuation Uncertainty - Common Professional Standards And Methods

Ge, X J And Harfield, T, The Quality Of Data And Data Availability For Property Research Refereed

Bob Hargreaves, What Do Rents Tell Us About House Prices? Refereed

Abdul Hassan, National Overview Of Housing In Fiji

Russell Kenley, Christopher Heywood, Mudrajad Kuncoro, Nicola Brackertz And Nguyen Thi Pham, Corporate Real Estate Management As A Source Of Competitive Advantage Refereed

David M. Higgins, "Commingled Four Quadrant Property Funds: Structure, Strategy And Performance" Refereed

Emma Jackson, Valerie Kupke And Peter Rossini, The Relationship Between Socio-Economic Indicators And Residential Property Values In Darwin. Refereed

Dr John Keogh, Litigation Issues In Retail Leases In New South Wales

Rob Kooymans And James Abbott, Developing An Effective Service Life Asset Management And Valuation Model

Vicki Adams, Max Kummerow, John Kilpatrick, Bill Mundy And Ron Throupe, Valuation Of Impaired Land: Greenfield Advisors Experience With Contaminated Sites

Max Kummerow, Price Differences Models

Peddy Pi-Ying, Lai And Dominique Fischer, The Determinant Of Foreign Property Investment In Island Nations - The Case Of Taiwan

Chyi Lin Lee, Jon Robinson And Richard Reed, Downside Systematic Risk In Australian Listed Property Trusts Refereed

John Mcdonagh, Trends In The Use Of The Internet For Marketing Residential Real Estate In New Zealand Refereed

Geoffrey Meen, Julia Meen And Christian Nygaard, A Tale Of Two Victorian Cities In The 21St Century

Yasmin Mohd Adnan,, "13Th Pacific-Rim Real Estate Society Conference Fremantle, Western Australia, 21 To 24 January 2007"

Mohd Nazali Mohd Noor, Adaptation Of Best Value Service On Rationalisation Of Service Charge For Purpose Built Office (Pbo) In Malaysia

Jonathan Sayer And John Moohan, An Analysis And Evaluation Of Hedonic Price Valuations In Local Leasehold Office Markets Refereed

Georgia Myers, Richard Reed, Jon Robinson, The Relationship Between Sustainability And The Value Of Office Buildings

Graeme Newell And Hsu Wen Peng, The Significance And Performance Of Industrial Property In Australia

Atasya Binti Osmadi, A New Property Dimension To Islamic Finance Refereed

Geoff Page, An Exploration Of Professional Socialization In Pacific Rim Property Programs

Page G.M, Review Of Professional Socialization As A Mechanism To Improve Graduate Outcomes

David Parker, John Macfarlane, Graeme Newell And Peter Rossini, Developing An Appraisal-Based Residential Property Index

David Parker, The Role Of Director’S Valuations In Balance Sheet Reporting

Hsu Wen Peng And Graeme Newell , The Significance Of Infrastructure In Investment Portfolios Refereed

Kathryn Robson, Do Study Tours/Field Trips Contribute To The University Experience?

Kathryn Robson, Life By The Sea: An Analysis Of Residential Property In Coastal Victoria Refereed

Karl-Werner Schulte And Gisela Schulte-Daxboek, The Profile Of Executive Real Estate Education – Results From An Empirical Study

Rayna Brown, Gregory Schwann And Callum Scott, Personal Residential Real Estate Investment In Australia: Investor Characteristics And Investment Parameters

John Sheehan And Garrick Small, Aqua Nullius Refereed

M Skitmore, J J Irons And Dr L A Armitage, Valuation Accuracy And Variation: A Meta Analysis Refereed

Garrick Small And Angelo Karantonis, A Profile Of Property Economists And The Maturation Of The Academic Discipline Refereed

Garrick Small, Market Perfection And The Case Of Property: Methodological Shortcomings Of Economic Positivism

Garrick Small, Motivations And Impacts Of Water Property In Nsw

Connie Susilawati And John Hayes, Adding Spatial Location Attributes To Enhance Housing Transaction Data

Connie Susilawati And Marinee Virojanapa, Residents’ Preference On Utilising Green Space Facility Refereed

Paloma Taltavull De La Paz, Housing Supply And Prices. Revising The Theory

Ting Kien Hwa, Stability Of Dividends And Ffos: The Case Of Reits In Malaysia

Trello, Jesus, The Quantification Of Social Benefit Derived From Housing Financing: An Application To The Needs Of Young Home Buyers In Madrid Refereed

Clive M J Warren, The Future @ Work – Delivering Effective Corporate Real Estate

Peter C. Wills, Transaction Based Corporate Real Estate Management

Hao Wu, Jon Robinson And Richard Reed, Economic Transition And Commercial Property Cycles In China Refereed