PRRES Newsletter

Nov 2012

Message about 2013 PRRES Conference

The 19th Pacific Rim Real Estate Society Conference (PRRES) is to be held in Melbourne, Australia from 13th until the 16th January 2013.   The conference is being hosted by RMIT University with the venue being their newly opened 'showcase' building in Swanston Street, Melbourne CBD.

Melbourne has again been voted the World's most Liveable city for 2012 and recently it was awarded the 'Best Sporting City in the World' at the SportBusiness Sports Event Management Awards held in London.    It is therefore not a surprise that at the time of the conference the Australian Tennis Open is being played in Melbourne and there is also a T20 Big Bash Cricket match on, for any attendees who wish to extend their stay or take advantage of the nighttime games.

The conference itself runs from Sunday 13th with the PhD colloquium and  closing on Wednesday afternoon.  Monday and Tuesday will open with a International Key Note speaker followed by concurrent sessions throughout the day.  Wednesday will include special Key Note address's from Industry with the closing ceremony on Wednesday afternoon.

We have an exciting Conference dinner organized for Monday night, which will start with a tour of the National Sports Museum, followed by dinner in a special members lounge at the MCG. (the MCG is home to major sporting events and is an Icon in Melbourne)

Please refer to the conference website for the conference program and Registration details.

We look forward to seeing you all in Melbourne in January 2013.

Judith Callanan.  RMIT University.  Conference Organising committee.

Message from the President

It's the time of year again when we as members of the Pacific Rim Real Estate Society begin to anticipate and look forward to our next annual meeting. The 2013 PRRES conference in Melbourne promises to be outstanding and thanks to RMIT and all the Melbourne team for their efforts and hard work in organising the event. Speaking personally, at UniSA the annual PRRES meeting has always been very important in getting us to work together as a group. It has got us organized, forced us to be productive and helped to set our research agenda for the year. I'm sure I speak for many of my colleagues throughout the Pacific Rim when I say that we owe a great deal to the annual PRRES Society meeting in terms of our progress as researchers and academics. And I would suggest that such academic meetings are even more important in the current academic environment of budget constraints, increased competition for funding and greater expectations of authentic and measurable research outputs. Now more than ever it is important for us to meet as an academic community. So I strongly encourage all members and associated colleagues to register for what will undoubtedly be a most friendly, rigorous, entertaining and high quality 2013 conference.

Valerie Kupke

PRRES President

2012 PRRES Case Competition

Six universities participated the 2012 PRRES Case Competition: The University of Auckland, The University of Southern California, The University of South Australia, Curtin University, The University of Sunshine Coast and Bond University.  After a hard working preliminary, all participants have been invited to eat and greet at Pizza restaurant in Adelaide city.  The students shared their experiences on the long table.  However, the two finalist team had to compete again on the second day of the competition.  The University of Southern California have met the four consecutive finalist from 2009 to 2012.  In 2012, we have the third year of re-matched between Auckland and California.  And the winner was the University of Auckland team.

 Finally, I want to send my gratitude to all people who support and contribute to the success of 2012 PRRES Case Competition: PPRES board and PRRES members who sponsored the event, coaches, participants, judges and organising committee from The University of South Australia.

Connie Susilawati

Congratulations to PMYC Hobie sailor competing on the world stage

Hobie 16 European Championships

Local Port Melbourne Yacht Club sailor Georgia Warren-Myers has once again demonstrated her ability to compete at the international level by recently finishing 2nd at the 2012 Hobie 16 European championships in France out of 120 Hobie 16 teams.  There were 12 races held over 4 days in steady 15 to 20 knots and choppy water.  At the end of day 1 and day 3 Georgia and her skipper Chris Hancock (from Perth) lead the championship, only to be knocked off the top spot on the final day by French sailors Cedric and Laurent Bader, former 2005 European champions.

After the Europeans, Georgia and Chris represented Australia at the World cat regatta on the island of Sylt in northern Germany. The annual event is invitation only and selects 11 of the best Hobie 16 sailing teams from around the world, including past national champions, world champions, and European champions. With shifting breezes ranging from 15 to 23 knots and flat water there was fierce competition amongst the teams with the racing being so close that the first 4 to 5 boats would cross the finish line in some races within seconds of each other.  Georgia and Chris represented Australia and finish in  5th place overall, in front of the American sailor Andy Dinsdale who holds the 2012  Australian national title (finished 6th), and 3 times Hobie 16 World Champion from South Africa Shaun Ferry  (finished 7th) Congratulations to Georgia and Chris

Inaugural International Feasibility competition 2013

Pacific Rim Real Estate Society (PRRES) together with Estate Master Property Software (Estate Master) have announced a new format of Property undergraduate competition in 2013.  The competition consist of three stages.  The International Feasibility competition gives students a chance to demonstrate their skills in property and feasibility analysis through creating a 'Mock Project'. As part of the competition, teams have been provided with project brief, key assumption, site location, basic planning and market information. It will be up to teams to create the mock development project and present their feasibility, assumptions and recommendations in report for selection to the short list. The more details financial feasibility analysis will be the focus of second stage of the competition.  These exercises will offer opportunities to improve analytical, team-work, communication and presentation skills. The students also use Estate Master DF software to conduct initial and detailed financial feasibility analysis.  Finally, two finalist teams will be invited to present their project and marketing material to the judging panel and also to the conference delegates.

 For this competition each team should comprise four undergraduate students enrolled full time or part time. At least three of these students should be enrolled in a property related degree programme. Each university can only send one team of four undergraduate students. The team will be coordinated by a lecturer from the participating university.  The stage 1 registration of this competition was closed at 17 October 2012 together with their submission of the first stage of the competition.  The judges are processing the outcomes for stage 1. 

 The finalist of this competition will present their project integrate with PRRES Conference in Melbourne 2013.  Please send email to Connie Susilawati ( for further information.

University News

Queensland University - Business School New

Teaching Award - Winners of the Award for Programs that Enhance Learning:
Academic Integrity - referencing and avoiding plagiarism online tutorial

Associate Professor Clive Warren along with Dr Ann Peterson, (team leader); Associate Professor David Neil, Dr Lynda Petherick, Ms Deidre Seeto, Mr Dominic McGrath, Ms Shannon Johnston, Ms Elizabeth Hall, Ms Sandra Williams, from University of Queensland  and Mr Trevor Daniels, Osiris Software have been awarded the Univeristy of Queenslands prestigiouse teaching award. The award recognises the teams development of online resource to help prevent student plagiarism and enhance academic integrity.

PRRES PhD colloquium- Last minute reminder

Continuing on from the success of the Postgraduate Colloquium at the PRRES conference last year, we have scheduled a Postgraduate Colloquium to be held on Sunday, 13th January 2013  at the RMIT University in Melbourne.  The aim of this colloquium is to provide an opportunity for postgraduate students in property to discuss and present their postgraduate work-in-progress in a supportive and non-confrontational environment to a group of senior academics and peers. 

Please encourage your postgraduate students to submit a research summary to Georgia Warren-Myers asap.

PRRES Newsletter

Editor: Neville Hurst, Deakin Uni

Webmaster: Clive Warren, Uni QLD

Next edition April 2013