PRRES Competition





PRRES 2016 International Feasibility Case Competition

Proudly sponsored by 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 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?

The competition is run using a two stage judging process. The top two teams from the stage 1 submission as awarded by the judging panel, are then selected as the finalists to compete in stage 2 of the competition.

As part of the 2nd stage, both finalist teams are invited to present their findings at the annual PRRES conference From Sunday 15th January to Wednesday 18th January 2017. As the sponsor of the 2016 competition EstateMaster is also proud to fly the two finalist teams to the University of Technology Sydney in January 2017 as part of this final presentation.

All competition participants are provided with on-going support throughout the competition to ensure familiarity with the use of the feasibility software and its environment. This may include training in the EstateMaster DF software. EstateMaster will provide a three month EstateMaster trial to participating university teams who will be provided with an option to extend to a full working model and licence once they have registered for the competition.

In addition, EstateMaster also offer a University Partnership Program (UPP) to assist students in developing their skills with property feasibility as well as an industry recognised international certification and academic licence for EstateMaster software or use during the university semesters.. .

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.

Competition Outline

  • Competition is opened on Friday, 1st July 2016.
  • Submission of stage 1 and 2 are closed on Monday, 31st October 2016. You need to submit all documents to training@estatemaster.com including your team registration and team assignment coversheet.
  • Judging commences November 2016. Finalist notified by December 2016 - Finalist Flights details and conference registration confirmed by December 2016.
  • Stage 2 presentations to be presented in Sydney 15th - 18th January 2017.

 

Additional Resources

PRRES 2016 Competition Outline
Download

Competition Material
Download


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