The European Real Estate Society

Journal of Property Investment & Finance

ISSN: 1463-578X

Article publication date: 1 June 2003

251

Citation

D'Arcy, É. (2003), "The European Real Estate Society", Journal of Property Investment & Finance, Vol. 21 No. 3. https://doi.org/10.1108/jpif.2003.11221caa.001

Publisher

:

Emerald Group Publishing Limited

Copyright © 2003, MCB UP Limited


The European Real Estate Society

The European Real Estate Society

In June 2001 the European Real Estate Society (ERES) held their eighth annual conference in Alicante, Spain. The conference was organized by Paloma Taltavull de La Paz at the University of Alicante. The Alicante conference built significantly on the success of previous ERES conferences attracting over 200 papers with participants from over 30 countries attending.

Over 30 papers from the conference were submitted for this special edition of the Journal of Property Investment and Finance. Of the four papers contained in the special edition two fall within the realm of housing research, which reflects the strong representation of housing researchers at the Alicante conference. The paper by Kauko examines the impact of location externalities on residential property values and also makes contributions to both housing modeling and urban economics. The paper by de Bruin and Flint-Hartle examines investor behavior in the residential property market from the perspective of a bounded rationality framework. By adopting this approach the paper also makes an important contribution to extending the current scope of property market analysis.

The remaining two papers focus on aspects of the commercial property market. In the paper by Lee and Stevenson the issue of time weighted portfolio optimization is considered. This paper was also the recipient of the Investment Property Databank Prize for the best paper in property investment presented at ERES 2001. The paper by Matysiak and Tsolacos examines the potential of using leading indicator series to forecast short-term real estate rental performance, an area that increasingly attracts the attention of the private sector. This paper was the recipient of the 2001 Emerald Publishers Prize for the best paper presented at ERES 2001.

Since the Alicante conference ERES has continued in its mission to provide an important forum for active engagement between property research in Europe and beyond. ERES 2002 in Glasgow, Scotland, further consolidated the success of Alicante and previous conferences.

The year 2003 represents a very important milestone for the ERES, namely its tenth anniversary. To mark this, ERES 2003 will be held in Helsinki, Finland with a special conference theme examining the role of ERES in the development of real estate research over the last ten years. The conference will also include a special session organized by the International Real Estate Society (IRES), which reflects ERES formal connections to real estate researchers outside Europe. Also 2003 marks the launch of the first on-line ERES newsletter and the ERES Education Network, which seeks to provide a forum for real estate educators in Europe to exchange ideas and best practice in real estate education. This latter development is very important considering the relatively embryonic nature of real estate education in many European countries.

For more information on the European Real Estate Society, membership, conferences and initiatives please visit our Web site www.eres.org

Éamonn D'Arcy Executive Director ERES,The University of Reading, Reading, UK

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