2009 - The 15th Annual PRRES Conference in Sydney, Australia
Conference Summary
The PRRES 2009 conference held in Sydney over 18 – 21 January 2009 was an outstanding success and continued the tradition of informative, friendly and supportive PRRES conferences.
156 delegates attended the conference held at the UTS campus in Sydney. A strong international representation from over 15 countries attended, including a group from Tanzania representing the African Real Estate Society. Over 100 papers were presented in a wide range of property research areas including housing, property investment, valuation, property development, sustainability and property education.
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Potential Topics
Housing, property investment, valuation, property development, sustainability and property education.
Highlights of the conference included:
- Bob Hargreaves presenting an excellent opening keynote address on housing research
- John MacFarlane receiving the 2009 PRRES Achievement Award
- Industry Day, with Barry Brakey from the Australian Government Future Fund presenting an excellent opening session, as well as all other industry speakers giving quality presentations. Thank you to Anthony DeFrancesco for putting this important part of the PRRES program together
- PRRES Case Competition involving seven teams of property students from various universities competing. This was a highly successful initiative by PRRES and all groups represented themselves very well. Congratulations to the University of Southern California team as the winning team and the UTS team as the runner-up
- Best refereed conference papers were awarded to Andrea Blake and Connie Susilawati for their paper on “Property education: an evaluation of how well students are prepared for commencing their careers” and Nelson Chan for his paper on “Revisiting valuation of contaminated land in Australia”
- Successful PhD Colloquium, with seven PhD presentations; this session being well attended and with supportive feedback. Zaharah Manaf and Abdul Jalil Omar received the 2009 PRRES PhD scholarships
- Conference dinner on Sydney Harbour boat cruise, with wonderful weather and company
- Property Education Forum sponsored by the API and Property Research Forum sponsored by the RICS
- Strong support from the PRRES conference sponsors; API, RICS, PINZ, Estate Master, Colonial First State, IPD, Mercer, ADPIA and Emerald; thank you.
Peer Review
PRRES 2009 is offering double blind review of full papers. These papers will be published on the PRRES Inc. website
Thank you to our conference organisers
Conference Chair:
Hera Antoniades - hera.antoniades@uts.edu.au
Proceedings from the 15th 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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Yasmin Mohd Adnan And Md Nasir Daud And Ibrahim Mohd @ Ahmad And Aniza Abd Aziz
Criteria For The Classification Of Purpose Built Of Office Buildings In Malaysia (256kB) -
Hera Antoniades Refereed
A Preliminary Study On The Use Of Forensic Accounting Techniques To Determine Property Agency Trust Accounting Compliance (87kB) -
Andrea Blake And Connie Susilawati Refereed
Property Education: An Evaluation Of How Well Undergraduate Property Students Are Prepared For Commencing Their Careers (96kB) -
Sandy Bond
A Tale Of Two Windy Cities-Public Attitutdes Towards Wind Farm Development. (274kB) -
Steven C. Bourassa And Eva Cantoni And Martin Hoesli
Predicting House Prices With Spatial Dependence: A Comparison Of Alternative Methods (473kB) -
Boydell And Sheehan
Beyond The Bundle: Expanding Our Understanding Of Contemporary Property Rights (1MB) -
Nelson Chan Refereed
Revisiting The Valuation Of Contaminated Land In Australia (163kB) -
K.W. Chau And Ervi Liusman
The Effect Of Land Supply Restriction On The Risk Of Hong Kong Indirect Real Estate (104kB) -
Fong-Yao Chen And Jen-Hsu Liang And Shi-Ming Yu And Ching-Wen, Lai
Appraisal Smoothing And Appraisers Partial Adjustment Behavior---Evidence From Taiwan Reits? (201kB) -
Bwembya Chikolwa
Determinants Of Capital Structure For A-Reits (547kB) -
Sarah Cornish And Richard G. Reed And Sara J. Wilkinson Refereed
An Analysis Of New Technology In The Delivery Of Property Education (113kB) -
Greg Costello And Steven Rowley
Land Supply And Housing Affordability (618kB) -
William Dimovski
The Underpricing Of Lpt Ipo'S In Australia During 2002 To 2008. (191kB) -
Alan W Evans
Paradoxes In The Provision Of Affordable Housing In Britain (121kB) -
Chris Eves
Csi Lincoln: An Investigation Into A Declining Housing Market (309kB) -
Farahwaheeda Shukur And Noriah Othman And Abdul Hadi Nawawi And Ting Kien Hwa
The Important Of Park To Residential Property Buyers (2MB) -
R M Fortes And I A Mccarthy Refereed
Renovate For Profit An Exploratory Residential Case Study In New Zealand (238kB) -
Gary Owen Garner Refereed
Implications Of “State Significant Projects” In Queensland (112kB) -
Gibler And Taltavull
Segmenting The Retiree Housing Market Using Preferences (185kB) -
Bob Hargreaves Refereed
Is New Zealand Facing A Baby Boomer Housing Bust? (62kB) -
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Barry P Haynes And Nick Nunnington Refereed
An Evaluation Of Corporate Real Estate Teaching In The United Kingdom (587kB) -
Mike Hefferan And Terry Boyd
Property Taxation And Mass Appraisal Valuations In Australia Adapting To A New Environment (211kB) -
Christopher Heywood, Russell Kenley And Duncan Waddell Refereed
The Cre Toolbox: Addressing Persistent Issues In Corporate Real Estate Management (93kB) -
David Higgins And Boon Ng
Australian Securitised Property Funds: An Examination Of Their Risk-Adjusted Performance (172kB) -
David M. Higgins Refereed
Australian Securitised Property Funds: Tracking Error Analysis And Investment Styles (156kB) -
Daniel C.W. Ho And K.W. Chau And Yung Yau
Unauthorized Building Works Does Building Management Regime Matters? (1MB) -
Huang, Yikun And Dr. Ge, Xin Janet Refereed
House Prices And The Collapse Of The Stock Market In Mainland China: An Empirical Study On House Price Index (605kB) -
Rodney L Jefferies
A Brief History And Development Of 'Real Value' Valuation Models - The Last Four Decades (445kB) -
Seung-Young Jeong And Jinu Kim Refereed
A Study Of Retail Rents With Var Model (In South Korea) (430kB) -
Ernie Jowsey And John Grant
Greening The Existing Housing Stock (205kB) -
Harry M. Karamujic Refereed
A Classification Of Home Loan Products In Australia (316kB) -
Angelo Karantonis Refereed
The Underlying Fundamentals Of Housing Affordability: The Sydney Dynamics (780kB) -
Valerie Kupke
Key Workers And Housing Affordability (508kB) -
Valerie Kupke And Peter Rossini Refereed
Tracking Neighbourhood Change: Establishing The Links Between Change In Neighbourhood Social Structure, Built Form And Housing Market Performance (516kB) -
Kwame Addae-Dapaah And Lee Peiying
Investing In Reits: Contrarian Versus Momentum (423kB) -
Lai, Ying And Ge, Xin Janet Refereed
Media S Influences On Purchasing Of Real Estate --- Case Of Guangzhou, China (253kB) -
Chyi Lin Lee Refereed
Downside Beta And Appraisal Based Real Estate Returns (222kB) -
Chyi Lin Lee
Housing Price Volatility And Its Determinants (178kB) -
Ming-Long Lee
Inflation-Hedging Properties Of Equity Reits: Before And After The 1990S Structure Break (91kB) -
Stephen Lee And David M. Higgins
Sharpe Performance By Australian Property (117kB) -
Stephen L. Lee
The Extent Of Convergence In Asian Real Estate Markets (309kB) -
Michael Y. Mak And L. Stephen Edmonds Refereed
The Effectiveness Of Landcom S Housing Affordability Objectives For Moderate Income Households A Case Study In Western Sydney (700kB) -
Vince Mangioni Refereed
The Evolution Of The Public Purpose Rule In Compulsory Acquisition Referred Paper (80kB) -
John Mcdonagh Refereed
Critical Success Factors In Land Development In New Zealand Part 1 (139kB) -
Sussie Morrish And Deborah Levy And Zhi Dong
The Role Of Property In An Entrepreneur S Sme Portfolio (232kB) -
Abdul Jalil Omar & Christopher A. Heywood Refereed
Corporate Real Estate Management Internal Branding: Closing The Gap With Its Customers (108kB) -
Geoff Page
Non Urban Land Use-Why We Should Include In Curriculum (157kB) -
Geoff Page Refereed
Sustainability In Undergraduate Property Courses (757kB) -
David Parker
Areit Investment Strategy: A Desktop Review (620kB) -
David Parker
Impact Of Board Composition On Australian Reit Performance (276kB) -
Richard G. Reed Refereed
The Increasing Use Of Reverse Mortgages By Older Households (347kB) -
Sophie Riley And Grace Li Refereed
Serviced Strata Schemes: Real Property Or A Financial Product? (153kB) -
Peter Rossini
Improving Student Engagement Through Tracking Student Interactions With Online Materials (559kB) -
Garrick Small
Climate Change And Property Value (40kB) -
Garrick Small
Jekyll, Hyde And Property Value (179kB) -
Connie Susilawati Refereed
Can Risk Management Boost The Supply Of Affordable Housing Development And Management? (105kB) -
Connie Susilawati And Andrea Blake Refereed
Multidisciplinary Students On Property Core Units: Comparative Analysis Of Introductory And Advanced Units (121kB) -
Pong-Kuang Tseng And Che-Ming Chiang And Hsueh-Yen Hu And Chau-Yau Chen
Categories Of Building Violations And Environmental Externalities - Empirical Observation In Taiwan (245kB) -
Sonthya Vanichvatana Refereed
Geographical Area And Economic Behavior Of Potential Buyers For Condominium Units Along Mass Rapid Transit Lines: The Case Of Bangkok (2004 2008) (119kB) -
Clive M J Warren
Who Needs A Green Star? (112kB) -
Sara J Wilkinson And Kimberley James And Richard Reed Refereed
Delivering Sustainability Through The Adaptive Reuse Of Commercial Buildings: The Melbourne Cbd Challenge. (203kB) -
Hao Wu And S K Wong And Keith Mckinnell And Richard Reed And Jon Robinson
Commercial Property Markets And Property Cycles In Chinese Cities (83kB) -
Lee Hong Sharon Yam And Maziah Ismail Refereed
Corporate Social Responsibility In Malaysia Housing Developments House-Buyers Perspectives (160kB) -
Lee Hong Sharon Yam And Paul Burger Refereed
Student Engagement & A Teacher S Self: A Case Study Of Inclusive Teaching (149kB) -
Azlina Binti Md. Yassin, Prof. Chris Eves And John Mcdonagh
Waterfront Development For Residential Property In Malaysia (225kB) -
Simon Y. Yau And Daniel Chi Wing Ho
Value Enhancement Effects Of Building Management Practices: A Preliminary Study In Hong Kong (229kB)
Keynote Speakers
Professor Bob Hargreaves
Professor Bob Hargreaves is Professor of Property at Massey University, New Zealand. Bob has a distinguished academic career in property and has focused his applied property research in the area of housing market analysis. Bob has actively contributed to PRRES over many years and has published widely in the various property research journals in New Zealand and internationally. He has strong links to the property industry via the Property Institute of New Zealand. Bob’s contributions to property education and research have been widely recognised, with Bob receiving the 2004 PRRES Achievement Award. Bob’s keynote address is on "The Housing Puzzle".
Barry Brakey
Barry Brakey has recently joined the Australian Government Future Fund as Head of Property to implement the Fund’s global property mandate. Prior to this, he was operating his own property advisory business. He was responsible for over $4 billion of property invested both domestically and globally for a number of government, industry and corporate superannuation and investment funds. Barry is also a past National President of the Australian Property Institute and has a wide involvement in property industry issues. Barry’s keynote address is on "Property Investment in the Current Investment Environment".
Industry Speakers
John Freedman
Senior Property Analyst, UBS
Anita Mitchell
Head of Energy and Sustainability Strategy Asia Pacific, JLL
PRESS_2009_AM.pdf (315kB) |