2000 - The 6th Annual PRRES Conference in Sydney, Australia
Conference Summary
The 6th Pacific Rim Real Estate Society Conference was held in Sydney, Australia. This year is a special year for PRRES as it marks the tenth anniversary of the founding meeting in Christchurch of our predecessor, the Australasian Real Estate Educators conference. Over the past years PRRES has continued to grow and indeed contributed to making the land economics/property discipline recognised as a distinct body of knowledge.
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Potential Topics
The conferences have allowed academics and researchers to present and discuss papers on their research and to keep abreast of the rapidly changing technology. The introduction of refereed papers has been responsible for a high standard of papers.
PRRES plays a major role in the continued development of the "international property community". PRRES, along with the American (ARES), European (ERES), Asian (AsRES), African (AfRES) and Latin American (LARES) Real Estate Societies form the network structure for the International Real Estate Society (1RES) to further develop international property research and education.
Over 80 papers were presented at this conference from all areas of property research. Presenters are truly international, with papers being presented from Australia, New Zealand, Fiji, Papua New Guinea, Malaysia, China, USA, UK, Sweden, Germany, Netherlands, Ireland, Finland and Thailand. Approximately 30% of these papers have been fully refereed by members of the Organising Committee and are published on this web site.
Peer Review
PRRES 2000 is offering double blind review of full papers. These papers will be published on the PRRES Inc. website
Proceedings from the 6th Annual Conference PRRES Conference
Delegate Papers
Papers shown as "refereed" have been refereed through a peer review process involving an expert international board of referees headed by Dr Dulani Halvitigala. Full papers were refereed with authors being required to make any changes prior to presentation at the conference and subsequent publication as a refereed paper in these proceedings. Non-refereed presentations may be presented at the conference without a full paper and hence not all non-refereed presentations and/or papers appear in these proceedings. All authors retain the copyright in their individual papers.
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Rita Avdiev
Golden Apple Or Poisoned Chalice? The Influence Of Education On Careers (46kB) -
Bryan Baker
A Locational And Risk Adjusted Individual Investor Model For Rental Residential Real Estate In Metropolitan Melbourne (185kB) -
Sandy Bond Refereed
Estimating Stigma Of Ex-Contaminated Land: The 'Buyer Beware' Principle Reigns (300kB) -
Michael Bounds, Wayne Dwyer, Girija Mallik
The Olympics And Regional Movements In The Price Of Residential Property: A Comparative Analysis Of Two Rapid Growth Regions In Sydney (67kB) -
Charles C. Carter
Reconciling Highest And Best Use With The Concepts Of Public And Private Goods (78kB) -
Nelson Chan Refereed
How Australian Valuers Value Contaminated Land (726kB) -
K W Chau, F. Pretorius And W.M. So Refereed
Factors Affecting Mortgage Prepayment In Hong Kong (177kB) -
K W Chau, F. Pretorius And C.K. Yu Refereed
The Determinants Of Street Level Retail Shop Prices In Hong Kong (220kB) -
Gregory J Costello And Russell Elkins Refereed
“Location Location Location” Wise Maxim Or Clever Hoax? (188kB) -
Garry Dowse
Valuations At Issue: Market Value, What Is It? (123kB) -
Peter Elliott And Melvin Zulu
The Incentive Effect Of Property Taxation On The Property Developer As Landowner: A Conceptual Framework. (163kB) -
Chris Eves
Developing A Nsw Rural Property Investment Index (105kB) -
Piet Eichholtz, Qing Xu
The Relationship Between Common Risk Factors And Uk Property Shares (93kB) -
Prof. Dominique Achour-Fischer Refereed
Is There A Myers1 Way To Value Income Flows? (207kB) -
Prof. Dominique Fischer And Hafez A. Hafez
Risk-Adjusted And Eva-Corrected Performance Of Australian Listed Property Trusts (169kB) -
Prof. Dominique Fischer
Risk Adjusted Performance: Bricks Or Paper? (236kB) -
John Flaherty And Ric Lombardo
Modelling Private New Housing Starts In Australia (348kB) -
David Fleming And John Storr
Applied Benchmarking And Performance Indicators For Facilities Managers Of Educational Buildings (138kB) -
David Fleming And John Storr Refereed
Benchmarking Facilities A Phenomenological View (53kB) -
Robert Ruscoe Fraser
Perspectives On The In-Place Value Of Buildings And Structures For Rural Property (45kB) -
Paul Gallimore, Adelaide Gray And J. Andrew Hansz Refereed
Sentiment In Property Investment Decisions: A Behavioural Perspective (54kB) -
Ir. Abdul Naser Abdul Ghani
Feasibility Of A Concealed Drainage Systems For Housing Projects In Malaysia (102kB) -
Megat Mohd. Ghazali Kamaruzaman Abd. Rasid Buang Alias
The Development And Administrative Issues Of Stratum Title For Underground Land Resources In Malaysia (67kB) -
Hafez A. Hafez Refereed
Listed Property Trust Benchmark (443kB) -
Professor Bob Hargreaves And Mike Chen Refereed
A Comparison Of Residential Rental Indices (173kB) -
Susan Flint-Hartle And Anne De Bruin
Residential Property Investment Decisions In New Zealand: Economic And Social Factors (131kB) -
Mr. Chun Xing He, Dr. Sun Sheng Han And Shi Ming Yu Refereed
Land Price Variations Among China's Regions (217kB) -
David Higgins
An Overview Of The Causes And Patterns Of New Space Demand In Australian Commercial Property Markets (114kB) -
Judith Hopkins Refereed
The Effect Of A Non-Residential Use In A Residential Zone (393kB) -
Norman E Hutchison And Professor Jeremy Rowan-Robinson
The Valuation Of Wayleaves: Time For Change (356kB) -
Angelo Karantonis And Hera Antoniades
Gst And Property - A Preliminary Study (122kB) -
Dr Russell Kenley, Chris Heywood And Professor Denny Mcgeorge Refereed
Australian Corporate Real Estate Management: Identification Of The Hybridisation Of Property And Financial Knowledge In Practice (148kB) -
John Keogh
Have Legislative Reforms Expedited Property Development Approvals In New South Wales? (67kB) -
Paul Kershaw And Peter Rossini
Simulating Valuation Problems On The World Wide Web (544kB) -
Jinu Kim And Sang-Young Lee
A Study Of Real Estate Trust In Korea (229kB) -
Rohit Kishore
What Does The Discount Premium Trading Of Listed Property Shares Tell Us? (155kB) -
Rob Kooymans And Mike Flehr Refereed
Arresting The Decline In The Number Of Office Users In The Adelaide Central Business District (96kB) -
Rob Kooymans
The Outsourcing Of Corporate Real Estate Management How Do Corporate Real Estate Units And Outsource Service Providers View Each Other And The Management Issues? (99kB) -
Val Kupke Refereed
Relocating For Retirement Or What Makes For A Happy Retirement? (55kB) -
Valerie Kupke Refereed
The Disappearing Doughnut: A Review Of Middle Suburban Demographics And Residential Price Change (121kB) -
Anthony Lavers Refereed
Protection Of Real Estate Developers And Users Against Economic Loss Arising From Defects In Construction (143kB) -
Stephen L. Lee And Peter J. Byrne Refereed
Risk Reduction And Real Estate Portfolio Size (282kB) -
Deborah S. Levy And Christina Kwai-Choi Lee
Family Member Influence And Its Impact On Housing Purchase Decisions (212kB) -
Deborah S. Levy And Edward J. Schuck
The Influence Of Clients On Valuations: The Clients Perspective (152kB) -
Stellan Lundström
Quality Assurance Of The Valuation Process For Property Index (210kB) -
John Macfarlane And Stephen Moon
Characteristics Of Australian Commercial Property Markets: Towards An Improved Forecasting Model (311kB) -
Wayne Marano Refereed
The Market Value Of Remnant Native Vegetation On Rural Holdings In A Clearance Regulated Environment (139kB) -
Iona Mccarthy
The New Zealand Dairy Industry Struggling To Restructure (73kB) -
John Mcdonagh And Timothy Hayward
The Outsourcing Of Corporate Real Estate Asset Management In New Zealand (75kB) -
Trevor Mills Refereed
Can There Be A Model Title Registration System (193kB) -
Graeme Newell, Peter Acheampong, Marlene Padan And Rohit Kishore
Diversification Issues In Property Securities Funds (137kB) -
Graeme Newell, Peter Acheampong And Preethi Kottegoda
Using Style Analysis To Assess Direct Property Performance (97kB) -
Ismail Omar Refereed
The Influence Of Valuation Rules On The Supply Of Indigenous Land In Kuala Lumpur (958kB) -
Pachara Pacharavanich, Nitaya Wongpinunwatana And Peter Rossini Refereed
The Development Of A Case-Based Reasoning System As A Tool For Residential Valuation In Bangkok (91kB) -
Geoff Page
Graduate Quality Approach To Property Education (64kB) -
F. Pretorius, A.R. La Grange And K W Chau
Selected Effects Of Public Policy On Private Rental Housing In Hong Kong (247kB) -
Peter Rossini Refereed
Estimating The Seasonal Effects Of Residential Property Markets A Case Study Of Adelaide (402kB) -
Peter Rossini Refereed
Using Expert Systems And Artificial Intelligence For Real Estate Forecasting (331kB) -
Patrick Rowland And James Kish
Decision Making By Property Fund Managers: A Survey (141kB) -
Karl-Werner Schulte And Till Schulz-Eickhorst
Perspectives For Commercial Real Estate Securitization In Germany A Comparative Analysis (82kB) -
Jennifer Simmonds, John Flaherty And Robert Webster
Simulating Shopping Centre Returns (106kB) -
Garrick R. Small And Jacob Oluwoye Refereed
The Significance Of Debt, Human Nature And The Nature Of Land On Real Estate Cycles. (195kB) -
Stephen F. Thode
Reit Ipos: Their Relative And Absolute Performance (125kB) -
Erica Walker
New Living In The Town Of Kwinana Suburban Renewal In Public Housing (87kB) -
Anthony Walker
The Development Phase Of Foreign Investment Projects In The Peoples Republic Of China (188kB) -
Megan Walters And Paul Kent
Informal Institutions In Multiple Ownership Property In Hong Kong (110kB) -
Peter C. Wills
E.D.I., The Valuation Process And Who Owns What. (77kB) -
Mr. Francis Wong Refereed
Housing Reform In Southern China: Shenzhen And Guangzhou (71kB) -
Aminah Md Yusof
The Impact Of Depreciation- A Hedonic Analysis Of Offices In The City Of Kuala Lumpur (247kB) -
Hugo Zweep
Therefore, By Their Fruits You Will Know Them: Real Estate Agency Practice And The New Ethics In A World Of Consumerism And Global Competition (201kB) -
Simon Stevenson
Bayes Stein Estimators & International Real Estate Allocation (106kB) -
Amanda J Mccallum
Determining The Characteristics Of Supply And Demand For Housing Australias 55+ Age Group In The New Millennium. (107kB)
Keynote Speakers
PROFESSOR NEIL CROSBY: FUTURE DIRECTIONS AND CHALLENGES FOR VALUATION RESEARCH
Professor Neil Crosby is Professor of Land Management at the University of Reading, UK. Neil is one of the leading valuation researchers and has published extensively in the Journal of Property Research, Journal of Property Valuation and Investment, and Australian Land Economics Review. His main research areas are property valuation, valuation methodology and the quality of valuation reports.
Neil is actively involved in the RICS and is a member of a number of editorial boards and leading UK property journals. Neil is a regular visitor to Australia and has recently done research on a range of valuation issues in Australia.
Key-Mon.doc (99kB) |
DR DAVID PARKER: AN INSTITUTIONAL PERSPECTIVE ON PROPERTY RESEARCH
David Parker is Property Portfolio Manager for Suncorp-Metway in Bisbane. David has extensive experience in all aspects of institutional property and asset management, having previously been with the Schroders Property Fund, Axiom Funds Management and ANZ Funds Management.
David obtained his PhD from UTS, one of the first PhDs in property in Australia. David has also published in the leading property journals including the Journal of Property Research, Journal of Property Investment and Finance, The Appraisal Journal and the Journal of Real Estate Literature, as well as being on a number of editorial boards in Australia and the UK.
David has received a number of major property awards and grants, including six prestigious awards from the Australian Property Institute (3), Property Council of Australia (2) and the Royal Institution of Chartered Surveyors (1)
KeyTues.doc (234kB) |