Program
MONDAY 1 OCTOBER 2012
Registration Open – Registration and Information Desk

2:00pm - 5:00pm

TECHNICAL TOURS
Tour A
Docklands Tour
Docklands and Goods Shed North

6:00pm - 8:00pm

Tour B
Melbourne Sporting Precinct
AAMI Park and the Melbourne Park
re-development

Welcome Reception“Tastes of Victoria” – Level 1 Foyer, Melbourne Convention and Exhibition Centre

TUESDAY 2 OCTOBER 2012
7:00am - 5:00pm

Registration Open – Registration and Information Desk

8:00am - 5:00pm

Exhibition Open – Level 1 Foyer

9:00am - 10:30am

OPENING CEREMONY – Room: 105/106
Presentations from:Robert Doyle
Lord Mayor Melbourne
Chief Delegates from participating Member Associations
Master of Ceremonies: Ian Cover

10:30am - 11:00am

Morning Tea and Exhibition – Level 1 Foyer

11:00am - 1:00pm

PLENARY SESSION 1 – Room: 105/106

1:00pm - 2:00pm

11:00am - 12:00pm

Raising the Bar for the Valuation Profession
Steve Sherman
Chairman, Standards Board
International Valuations Standards Council
United States of America
Master of Ceremonies: Ian Cover

12:00pm - 1:00pm

Urban Renewal - The Victorian Experience
The Hon Jeffrey Kennett AC
Premier of Victoria 1992-1999
Australia
Master of Ceremonies: Ian CoverLunch and Exhibition – Level 1 Foyer

Tour C
Banbury Village
Residential Development, Footscray

726TH PAN PACIFIC CONGRESS OF REAL ESTATE APPRAISERS, VALUERS AND COUNSELLORS 2012

1:00pm - 7:00pm

2:00pm - 3:00pm

CONCURRENT SESSION 1
Property Development
Concurrent Session 1A
Room: 103

Specialised Valuations
Concurrent Session 1B
Room: 105/106

Rating and Taxation
Valuation
Concurrent Session 1C
Room: 104

Commercial Property
Management
Concurrent Session 1D
Room: 102

2:00pm - 2:30pm

Revitalising Melbourne
Tim Bamford
Executive Director,
Major Projects Victoria,Australia

Valuation of Vineyards
Daniel Thomas
CBRE, Australia

The Use of “RegressionAnalysis” as a Mass
Valuation Tool in Rating
Valuations
Gino Mitrione
City of Whittlesea,
Australia

Occupational Health& Safety
Cassandra Abbley
Greencap Consulting,Australia

2:30pm - 3:00pm

Revitalisation ofIndustrial Building inHong Kong
Edward Sh Au
The Hong Kong Institutionof Surveyors, Hong Kong

Valuation of Water Rights
David McKenzie
Opteon Property Group,
Australia

Old Tax - New Challenges:
Property Taxation andStatutory Valuation intothe Future
Mike Hefferan
University of the Sunshine
Coast, Australia

Practical Applicationof DCF Approach to theCommercial Property
Under Property
Management byProfessionals Application to Seoul
Commercial Property
MarketJae Sung Kang
Korea Association Of
Property Appraisers,
South Korea

Property Development
Concurrent Session 2A
Room: 103

Valuation Issues
Concurrent Session 2B
Room: 105/106

Mixed Session
Concurrent Session 2C
Room: 104

3:30pm - 4:00pm

The Redevelopment ofAged Urban Areas inKorea and Valuation
Process
In-Chel Baek
Korea Association Of
Property Appraisers,
South Korea

Where is the Value in a
Valuation?
Peter Power
PricewaterhouseCoopers,
Australia

The Analysis of DisasterRisk Measurementsand Mitigations fromInvestors’ View Point
Yuko Tomizuka
WIB Real Estate Finance,Japan

4:00pm - 4:30pm

Influence of theDeveloper’s Brand on
Real Estate Value
Nan-Yu Chu
Taiwan26TH PAN PACIFIC CONGRESS OF REAL ESTATE APPRAISERS, VALUERS AND COUNSELLORS 2012

83:00pm - 3:30pm

Afternoon Tea and Exhibition – Level 1 Foyer

3:30pm - 5:00pm

CONCURRENT SESSION 2

4:30pm - 5:00pm

7:00pm - 11:00pm

A Study on the Activation
Ways of Activating Urban
Regeneration and CitizenGovernmental Partnership
Jae Yong HwangKorea Appraisal Board,
South Korea

Toward a Blue Economy
Transition in Indonesia
Dewi Smaragdina
Indonesian Society ofAppraisers, Indonesia
The Catch 22 ofValuation’s Biggest
Global Challenge
Michael McDermott
Herron Todd White Global
Consult, Australia

Gala Dinner“A Melbourne Icon” – The Grand Hyatt Hotel, 123 Collins Street, Melbourne

Enhancing Value ofResidential Developments
through Product Branding
Lim Lan Yuan
Singapore Institute ofSurveyors and Valuers,
Singapore

WEDNESDAY 3 OCTOBER 2012
8:00am - 5:00pm

Registration Open – Registration and Information Desk

8:00am - 5:00pm

Exhibition Open – Level 1 Foyer

9:00am - 10:00am

PLENARY SESSION 2 – Room: 105/106
CEO Forum
An interactive session, moderated by Tim Church
Tim Church
Bob Johnston
Managing Director
Managing Director
Head of Real Estate
AustralandAustralasia
Investment Banking, UBS

Barry Brakey
Head of Property
Future Fund

Scott MacDonald
Chairman and CEO
Investa Property Group

Session Sponsor: Commonwealth Bank of Australia
Morning Tea and Exhibition – Level 1 Foyer

10:30am - 1:00pm

CONCURRENT SESSION 3

10:30am - 11:00am

Sustainability and Green
Buildings
Concurrent Session 3A
Room: 103Natural Disasters
Concurrent Session 3B
Room: 105/106Funds and Assets
Concurrent Session 3C
Room: 104

Resources
Concurrent Session 3D
Room: 102

Sustainability and Green
Buildings
Craig Roussac
Investa, Australia

The Black Swan Effectand the Impact onProperty Forecasting
David Higgins
RMIT University, Australia

Major Investment Projects
David Hutton, Group
Head of Developmentfrom Lend Lease, willtake us on a Journey for
Barangaroo in Sydney,
one of Australia’s largest
urban regeneration
projects. David will also
speak about Lend Lease’srole in Melbourne’s
Docklands

Valuation of Commercial
Forestry Property
Jim KnottForest Values Pty Ltd,Australia

The Real EstateInvestment Trust (REIT)
Industry in Malaysia
Elvin Fernandez
Khong and Jaafar SDN
BHD, Malaysia

The Impact of the Mining
Boom on Demand for
Industrial Land inWestern Australia
John Hackett
LandCorp, Australia

In Malaysia, To What
Extent Are Securitised
Property Returns More
Foreseeable Than StockReturns?
Abdul Mutalib Beksin
University of Malaya,
Malaysia

Valuation for
Redevelopment ofContaminated Sites
in Taiwan
Tzu-Chin Lin
National Chengchi
University, Taiwan

Retirement Villages - An
Institutional Asset Class?
Lois Towart
University of Technology,
Sydney, Australia

Valuation of Development
Rights (IntangibleAssets) of Wind FarmEstate
R. K. Patel
M/s R. K. PATEL and CO,
India

11:00am - 11:30am

11:30am - 12:00pm

12:00pm - 12:30pm

12:30pm - 1:00pm

Building Better Returns– A Study of the Financial
Performance of Green
Office Buildings inAustralia
John MacFarlane
University Of Western
Sydney, Australia

A Study on the Impactof the March 2011
Earthquake on JapaneseReal Estate Markets
Hideo Takaoka
Japan Association Of Real
Estate Appraisers, Japan

Natural Disaster and theEvaluation of JapaneseLand Property Tax
Hiroshi Komori
Japan Association Of Real
Estate Appraisers, Japan

Green Building ofSouth Korea
Se-Yeon EomKorea Appraisal Board,South Korea

Reflecting Green
Yoshihiro Yajima
CBRE K.K., Japan

Effects of Flooding in
the Philippine
Real Property MarketMarissa Benitez
Colliers International
Philippines Inc.,
Philippines

Quarries and Resources Property Valuations witha Difference
Darren Herdman
SLR Consulting, Australia

926TH PAN PACIFIC CONGRESS OF REAL ESTATE APPRAISERS, VALUERS AND COUNSELLORS 2012

10:00am - 10:30am

1:00pm - 2:00pm

Lunch and Exhibition – Level 1 Foyer

2:00pm - 3:00pm

PLENARY SESSION 3 – Room: 105/106
The Role of Sovereign Wealth and Major Pension Funds in Global Property Markets
Mark Burgess
General Manager
Future FundAustralia

26TH PAN PACIFIC CONGRESS OF REAL ESTATE APPRAISERS, VALUERS AND COUNSELLORS 201210

3:00pm - 3:30pm

Afternoon Tea and Exhibition - Level 1 Foyer

3:30pm - 4:30pm

PLENARY SESSION 4 – Room: 105/106
Rowing the Boat Faster: A Story About Developing Belief and Building Capacity
Drew Ginn OAM
Australian Olympian
Drew Ginn is a four time Olympian who has won 3 Olympic Gold, 5 World Championships and one Olympic Silver medal as a part ofAustralia’s rowing team.
His insights into human performance, team dynamics, personal courage and energy are based on learning from practical experience andhis performance network. He is passionate about optimising human capacity.

THURSDAY 4 OCTOBER 2012
8:00am - 2:00pm

Registration Open – Registration and Information Desk

8:00am - 2:00pm

Exhibition Open – Level 1 Foyer

9:00am - 10:00am

PLENARY SESSION 5 – Room: 105/106
Regional Property Outlook: What Will Drive Asia-Pacific Real Estate Over the Next Ten Years?
Dr David Rees
Head of Research
Jones Lang LaSalle
Australia

Morning Tea and Exhibition - Level 1 Foyer

10:30am - 12:00pmCONCURRENT SESSION 4
Professional Standards
and Education
Concurrent Session 4A
Room: 103
10:30am - 11:00am

Ensuring Complianceto Standards Amongst
Property Professionals
Joanna Parry
Property Institute Of New
Zealand, New ZealandBusiness Valuations– The Valuation of
Intangible Assets
Concurrent Session 4B
Room: 105/106

Property Modelling andAnalysis
Concurrent Session 4C
Room: 104

Municipal andGovernment Valuation
Concurrent Session 4D
Room: 102

Current Issues with
Valuing Businesses for
Compulsory Resumption
Mark MacDonald
Department of Transportand Main Roads, Australia

Modelling Residential
Property Values Based onRegression and Spatial
Analysis
Mark McLoughlan
Private Property
Consultant, Australia

Land Price Bubbles andLand Value Capture
Bryan Kavanagh
Land Values ResearchGroup, Australia

Population Foreshadows
Housing Bubble
and Burst
Kazunori Yamaguchi
Japan Association Of Real
Estate Appraisers, Japan

Analysis of the Weightsfrom Different Real EstateAppraisal Approach:
Empirical Evidence FromLand Value Benchmark
Shih-Ming You
Department of Land
Administration Ministry
Of Interior, Taiwan

11:00am - 11:30am

11:30am - 12:00pm

Delivering Professional
Development to Property
Professionals in the 21stCentury
Allan Smee
Property Institute Of New
Zealand, New Zealand

Valuing Intangible Assets(Under IFRS) for Property
Appraisers
James Catty
The International
Association of Consultants
Valuators and Analysts,
Applying the Method Of
United States of America
Rights Transformation To
Implement Urban Renewal- Taiwan’s Experience
Alpha Hui-Hua Cho
Honda Appraiser Firm,Taiwan

12:00pm - 12:45pm

CLOSING CEREMONY – Meeting Rooms 105/106
Featuring Chief Delegates from participating Member Associations

12:45pm - 1:45pm

Lunch and Exhibition – Level 1 Foyer

Area Based Taxation- A Methodology for AD
Valorem Property Taxationin an Emerging World
Sandip Kumar Deb
Institution of Valuers,India

Program is subject to change

1126TH PAN PACIFIC CONGRESS OF REAL ESTATE APPRAISERS, VALUERS AND COUNSELLORS 2012

10:00am - 10:30am