ERES and the Development of Real Estate Research in Europe

The First Decade

Alastair Adair and Louise BrownAlastair Adair and Louise Brown

Tenth Annual Conference of the European Real Estate Tenth Annual Conference of the European Real Estate SocietySociety

Helsinki, Finland Helsinki, Finland 11 June 200311 June 2003

StructureStructure

·        Evolution and development of ERES·        Conference contributions·        Changes over time·        ERES contribution to the health and quality of European real estate research·        Some discussion of the future

·        What areas have been neglected·        New/emerging research topics·        Challenges

Number of papers presented at ERES conferences 1993-2003

Reading

Amsterdam

Stockholm

Belfast

MaastrichtAthens

Bordeaux

Alicante

Glasgow

Helsinki

Berlin

0

50

100

150

200

250

Number of papers 24 36 98 66 94 105 109 123 211 121 210

Reading Amsterdam Stockholm Belfast Berlin Maastricht Athens Bordeaux Alicante Glasgow Helsinki

1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003

24 36 98 66 94 105 109 123 211 121 210No of Papers

Topic Trends in ERES conferences for the period 1993-2003

0

50

100

150

200

250

Education and Research

IT and Real Estate

International Markets and Application of T

echnique

Environment a

nd Buildings

CRE/Use and Occupation

Planning,Development and Regeneration

Valuation

Housing Policy and Economics

Market Analysis

Finance and Investment

Nu

mb

er

of

Pa

pe

rs

2%

3% 3% 3%

5%

11%

16%

18% 18%

21%

Topic Trends in ERES conferences for 2 five year periods 1994-2003

0

20

40

60

80

100

120

140

160

180

200

CRE/Use

and

Occ

upat

ion

Educa

tion a

nd R

esea

rch

Enviro

nmen

t and

Buil

ding

s

Financ

e an

d Inv

estm

ent

Housin

g Poli

cy a

nd E

cono

mics

Inter

natio

nal M

arke

ts an

d App

licat

ion o

f Tec

hniq

ue

IT an

d Rea

l Esta

te

Mar

ket A

nalys

is

Plannin

g,Dev

elopm

ent a

nd R

egen

erat

ion

Valuat

ion

2nd Five years

First 5 years

Topics: First 5 Years v Second Five YearsTopics: First 5 Years v Second Five Years

020

406080

100

120140160

180200

2nd Five years

First 5 years

Authorship Trends

Top 10 contributing countries to ERES Conferences 1993-2002

0

50

100

150

200

250

300

350

Sweden SIN Finland France Australia Germany TheNetherlands

Spain US UK

Top contributing countries from 1993-1997 and 1998-2002

0

50

100

150

200

250

1993-1997 1998-2002

Market Analysis

Housing Policy & Economics

Planning, Development and Regeneration

Valuation

Executive Directors 1994-2003

• Nick French

• Bryan MacGregor

• Karl-Werner Schulte

• Eamonn D’Arcy

ERES Presidents 1994-2003

Bert Kruijt 1994-95 Alastair Adair 1995-96

Hakan Bergram 1996-97

Karl-Werner Schulte 1997-98

Pe Kohnstamm 1998-99

Olli Olkkonen 1999-00

Sotiris Tsolacos 2000-01

Bob Thompson 2001-02

Paloma Taltavull 2002-03

Most Significant Contributions• Successful annual conference

• International/European university links

• Collaborative research/knowledge transfer

• Development of research areas

• Academic-practitioner integration

•Foster RE in traditional universities

Research Areas Promoted

• Core Real Estate areas

• Housing

• Management/business links

• Performance measurement

• RE education

• Internationalisation

Research Areas Neglected• Corporate Real Estate/FM

• Innovative financial techniques

• Housing policy

• Comparative valuation systems

• RE services

• Market analysis/strategic analysis

New/Emerging Research Areas

• Cross border European investment

• Innovative financial techniques

• Housing mobility

• Urban revitalisation

• Behavioural research

• Corporate governance

Major Challenges Facing ERES

• Continuity of conference quality

• Organisational continuity

• ERES journal

• e-newsletter

• Membership growth

• Adding value to stakeholders