UK and Australian academics to present papers at IRERS

PETALING JAYA (April 8): The International Real Estate Research Symposium 2016 (IRERS) organised by The National Institute of Valuation (INSPEN) will see several eminent professors from the UK and Australia presenting papers based on the theme of this year’s symposium – Leading the Way: Innovation in Real Estate.

The professors are Professor Alastair Adair from the University of Ulster, UK; Professor Graeme Newell from Western Sydney University, Australia; and Professor Christopher Eves from Queensland University of Technology, Australia. They will be speaking at the first plenary session at IRERS on April 27.

Adair will speak on the topic of “Real Estate Decision-Making In A World Of Increasing Uncertainty About Security: The Impact of Crime on Residential Property Values.”

The paper will help participants understand the impact of crime on house prices due to the increased political instability and terrorist activity in various parts of the world since the last IRERS conference in 2014. The paper will also examine the governments’ role in managing such an impact.

Western Sydney University’s Newell will speak on “Real Estate Market Transparency In The Asia-Pacific Real Estate Markets”. His paper will be focused on real estate in the Asia Pacific markets which have seen increased investor confidence in recent years. The paper will assess the changes in real estate transparency in 21 Asia-Pacific real estate markets from 2001 to 2014.

Meanwhile, Eves from Queensland University of Technology will present a paper entitled “Major Infrastructure Innovation and The Public Response: Aircraft Noise and Residential Property Markets – Brisbane and Gold Coast Airports”.

It will be centred around innovation and the expansion of major infrastructure that is perceived to have a negative impact on the community. The paper is based on a case study on the development of a second parallel runway at the Brisbane Airport and a new Instrument Landing System flight path at the Gold Coast Airport due to the increasing number of domestic and international air travellers.

The paper will review the residential property markets across a range of suburbs in Brisbane, Gold Coast and Northern New South Wales that are under existing flight paths, adjoining existing flight paths and those not affected by flight paths, to determine the long-term impact on residential property investment performance.

The plenary session will be chaired by Selangor state director of valuation Sr Dr Zailan Mohd Isa.

IRERS 2016 will be held at the Putra World Trade Centre (PWTC), Kuala Lumpur from April 26 to 28. TheEdgeProperty.com is the media partner.

The symposium is being held in collaboration with the Royal Institution of Surveyors Malaysia (RISM); University of Western Sydney, Australia; University of Ulster, UK; Queensland University of Technology, Australia; and University of Reading, Malaysia.

It aims to be a platform for real estate researchers to present and disseminate their findings.

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This story first appeared in TheEdgeProperty.com pullout on April 8, 2016, which comes with The Edge Financial Daily every Friday. Download TheEdgeProperty.com here for free.