University of Technology, Sydney

2009 - The 15th Annual PRRES Conference in Sydney, Australia

January 18 - 21, 2009
University of Technology, Sydney

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.

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 -

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.

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

Barry Brakey

Head of Property, Future Fund

PRESS_2009_BB.pdf PRESS_2009_BB.pdf (626kB)

Kevin Stanley

Executive Director - CBRE Research and Consulting, CBRE

PRRES_2009_KS.pdf PRRES_2009_KS.pdf (430kB)

David Rees

Regional Director, Head of Research (Australasia), JLL

PRRES_2009_DR.pdf PRRES_2009_DR.pdf (87kB)

John Freedman

Senior Property Analyst, UBS

Peter Studley

Head of Research, DEXUS

PRRES_2009_PS.pdf PRRES_2009_PS.pdf (872kB)

John Garimort

Director New Zealand/Australia, Client Management, IPD 

PRESS_2009_JG.pdf PRESS_2009_JG.pdf (412kB)

Scott Mrogan

Australian Direct Property Investment Association

PRRES_2009_SM.pdf PRRES_2009_SM.pdf (847kB)

Anita Mitchell

Head of Energy and Sustainability Strategy Asia Pacific, JLL

PRESS_2009_AM.pdf PRESS_2009_AM.pdf (315kB)

Rowan Griffin

Head of Sustainability, CFS

PRESS_2009_RG.pdf PRESS_2009_RG.pdf (481kB)

Jennifer Johnstone Kaiser

Head of Property Research, Mercer

PRESS_2009_JJK.pdf PRESS_2009_JJK.pdf (131kB)

Andrea Egert

Woods Bagot

PRESS_2009_AE.pdf PRESS_2009_AE.pdf (4MB)