PRRES Competition





WIN $2,000! PRRES 2018 International Feasibility Case Competition

Proudly sponsored by ARGUS EstateMaster.

The Pacific Rim Real Estate Society (PRRES) holds a conference in late January each year. The Conference aims to nurture and advance understanding and cooperation in the rapidly changing environment of property education and industry. With Australian and International speakers at the forefront of research and policy-making, the conference offers a challenging professional development experience and networking opportunity.

The Competition

The International Feasibility Competition is open to any university currently a member with PRRES or within the ARGUS EstateMaster University Partnership Program (UPP). The competition gives students a chance to demonstrate their skills in property and feasibility analysis through creating a mock development project. Teams will be provided with project brief, key assumptions, site location, and basic planning and market information. It will then be up to the teams to create the mock development project and present their feasibility, assumptions and recommendations in a report.

Background to the competition

What is the competition about?

Download the 2018 PRRES booklet for more information.

How many teams are able to enter the competition?

For this competition each team should comprise two undergraduate students enrolled full time or part time. At least one of these students should be enrolled in a property related degree programme. Each university can send more than one team. The team will be coordinated by a lecturer from the participating university.

What is required?

As a mock developer, you are required to complete a feasibility study on the project described in the project brief which you can download from below in .PDF format.  The purpose of this feasibility study is to inform your mock board (judges) of this development opportunity and your recommendation to invest (or not invest) in this project.

At the completion, all teams are required to submit both their feasibility report in .PDF format and presentation material in the form of a power point presentation as an electronic file that can be opened and viewed.

General Rules 

For this competition each team should comprise two students of either:

    1. Two undergraduate students enrolled full time or part time
    2. One undergraduate and one post graduate student enrolled full or part time.

    • At least one of these students should be enrolled in a property related degree program.
    • Each university can send more than one team.
    • The team will be coordinated by a lecturer from the participating university.

Teams will be provided with project brief, key assumptions, site location, and basic planning and market information. It will then be up to the teams to create the mock development project and present their feasibility, assumptions and recommendations in a report.

Awards & Submission Date
PRRES TIMELINE

   











There is one award for the competition winning team
     • This award is given to the team whom the judging panel have deemed to have the highest mark
     • The winner of this award to be announced at the PRRES conference dinner   
     • A university representative should be present to collect the award on behalf of the winning team.

Closing Date for Submission
The closing date for submissions is 11.59pm, Sunday 7th January 2018.

Submissions are to be emailed to Wejendra Reddy wejendra.reddy@rmit.edu.au

Your submission will then be reviewed by the judging panel.


 

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