The API's carefully selected content directly addresses the interests of property professionals both in Australia, New Zealand and around the world.
The Journal will be available both in print and online, with new website access details to be revealed soon.
Here's a summary of what you can expect:
The changing role of property developers
Over the past ten years, the role of the development manager has changed significantly, growing to require a much higher level of detail and competency, ranging from relationship skills, financial skills and a larger reliance on consultants (valuers, marketers, planners etc.) This Q&A piece with leading recruiter Ineke McMahon will reveal details around how the role has evolved, top skills in demand today, and key takeaways for future development managers for them to succeed.
Future world of work, part 2
Following from last edition’s piece on how workers can adapt and improve their skills in preparation for a growing prevalence of automation and robotics, this piece explores in greater detail where the property sector is seeing real technological change, the impact of that change across the board, and how technology isn't going to be the death-knell of the workforce as is predicted.
Australia’s smartest regions
With the growing popularity of the ‘smart city’ concept around the world, this feature will focus on particular developments within Australia towards sustainable and connected regions.
Data danger and the mismeasurement of property market risk
As part of the capital markets, the performance of commercial property is measured by recognised mathematical models of return and risk, but there is increasing evidence that these models can fail when extreme volatility occurs. This research paper by David Higgins studies 28 years of property market performance data for signs of extreme risk in a bid to support modelling techniques for estimating measures of extreme downside risk, which is the first step in analysing and dealing with risk in both an asset class and portfolio context.
Demographic of retirement village residents
Research into retirement village residents can contribute to development and investment decisions particularly with regard to pricing and ongoing fees. Planning policy which promotes of age specific housing has a need for research into current residents in order to predict future utilisation of this type of accommodation. This research paper determines whether village residents differ from older people in other forms of housing and overcomes the issues of smaller sample based analysis by incorporating the largest possible sample size.
Rise of the mezzanine debt
Mezzanine debt is set to become an important source of capital for real estate investors, developers and those looking to refinance following the tougher capital regulatory requirements for the big four banks. Despite its benefits, it’s imperative for real estate players to understand the real risk of mezzanine debt in order to weigh up whether the expected return is commensurate with additional risk and transaction complications involved.
Alternative financing methods
This useful infographic will discuss the different methods of alternative financing that property specialists can turn to when lending caps hinder business. It will detail the different options available, the benefits and risks of each, and any pertinent case studies of their application.
The true cost of climate change to the property sector
In Australia alone, the impact of natural disasters and extreme weather events is substantial, with claims from floods, cyclones, bush fires and other similar events totalling $8.8 billion in three years. However, official statistics in relation to property underestimate the real financial costs, with limited research on the challenges of risk identification and subsequently the developing, retrofitting and enhancing the urban sustainability and resilience of property and the impact on value. This paper by Dr. Warren-Myers discusses the implications of Climate Change for property; including assessing professional capacity and capabilities; risk identification, assessment and quantifications; and implications for market value.
Creating and sustaining smart cities
Smart cities intelligently connect people, capital, information and other cities, using technological innovation to create sustainable development and provide competitive advantages. Such regions mitigate obsolescence and decline by staying productive, competitive, adaptive and building capacity, but to do this they not only rely on innovation but create an environment conducive to generating the innovation process. Michelle Glastris explores the importance of thriving network structures to creating and sustaining smart cities.
Australian Universities need to reinvent their brand and service delivery to ensure longevity. Innovation in information and communications technology combined with generational change in student attitudes, expectations and lifestyle preferences are disrupting the conventional tertiary campus model. This interactive opinion piece suggests readers imagine three or four generations of society residing within and using university campus facilities, claiming that a multi-generational living model yields positive outcomes for all stakeholders.
Leaders in thought
This edition, Scott Hawken and Sarbeswar Praharaj of the Smart Cities Research Cluster at the University of New South Wales (UNSW) share their expert opinion on the benefit and challenges of smart cities, the state of smart technology and practices in Australia, and how the property sector can expect to see challenges and benefits from smart city projects, and even contribute further to their development..
Every issue we present the findings of exciting new ventures and innovations that will influence the property sector and how we construct and maintain properties – with past inclusions ranging from buildings that sweat to manage interior temperatures, paint that can sense structural damage, or the use of virtual reality to view off the plan properties for sale, learn about the amazing work being done by researchers across the globe set to revolutionise the industry.
Latest housing market data
John Flavell, Mortgage Choice CEO, details the latest release of lending figures around housing finance, and what these figures mean for the property market.
Legal NotebookRead more: Calling all property movers and shakers!
Law firm DLA Piper provides our readers with regular legal guidance and professional insight around the implications of court rulings for property professionals. Citing important details from real life cases, both recent and historic, property professionals can be sure they are up to date on recent issues and benefit from new insights around best practice, and how to avoid unexpected legal complications.
Here we provide reviews and snapshots of the latest available gadgets for home and the workplace, world ranging from popular items such as the latest smartphones or notebooks to robotic lawnmowers, ergonomic chairs and multi-setting lightbulbs controlled by your phone. Learn what new contraptions are on the market and hear the verdict from our expert reviewers.