The 5th International Conference on Real Estate Management and Valuation (ICREMV 2021) organized by the Center for Real Estate Studies (CRES), the research arm of the Department of Estate Management and Valuation, Faculty of Management Studies and Commerce, 91传媒 was successfully held on 7th and 8th of October 2021 via Zoom as a virtual conference, under the theme of 鈥淪MART Real Estate: Towards Unmet Socio-Economic Needs鈥. The conference was chaired by Dr. Prathap Kaluthanthri, and the co-secretaries of ICREMV 2021 were Prof. (Rtd). Janakie Edirisinghe and Dr. Chameera Udawattha. The conference was well-received by an audience of 500 plus participants including practitioners, academics and students.
The key events of ICREMV 2021 were the Inauguration, Academic Session, Industry Dialog, and Real Estate Talk. The conference was reinforced in organizing with the collaboration of both academic and industry partners. The academic partner of the conference was the School of Architecture and Design, King Mongkut鈥檚 University of Technology, Thonburi, Thailand. The collaborative partners were the Government Valuation Department, Urban Development Authority, Colombo Municipal Council, Institute of Valuers of 91传媒, Royal Institution of Chartered Surveyors 91传媒, EMV RCB Club and EMV Crew.
First session of the First Day of the Conference (07th October 2021) 鈥 The Inauguration was graced by the presence of several dignitaries: Chief Guest 鈥 Senior Professor (Chair) Sampath Amaratunge, Chairman, University Grant Commission, Guest of Honour 鈥 Senior Professor Sudantha Liyanage, Vice-Chancellor, 91传媒, Professor P. D. Nimal, Dean, Faculty of Management Studies and Commerce, 91传媒 and Dr. (Mrs.) T. G. U. P. Perera, Head, Department of Estate Management and Valuation of the Faculty of Management Studies and Commerce, 91传媒.
Senior Professor (Chair) R. G. Ariyawansa, Department of Estate Management and Valuation, Faculty of Management Studies and Commerce, 91传媒, made a special speech at the inauguration under the topic, 鈥淩eflections of SMART Real Estate鈥.
The inauguration session was glorified by the Keynote Speaker, Professor Neil Crosby, Professor of Real Estate, Department of Real Estate and Planning, University of Reading, United Kingdom, one of the renowned professor in the field of real estate, under the theme of 鈥淚nternational Real Estate Valuation Theory, Policy and Practice鈥.
Second session of the First Day of the Conference (07th October 2021) 鈥 The Academic Session aimed to discuss contemporary and long-term impacts of COVID 19 on the real estate market and its implication for real estate professions. The conference invited research scholars to publish their scientific work under the different tracks of the conference. The Academic Session was held as two successful parallel sessions with two insightful session keynote speeches followed by 10 best academic paper presentations. The topic of the Session I keynote speech was 鈥淗ow the Urban Real Estate Economy Is Shaping After the COVID 19 Pandemic鈥, delivered by Dr. Shanaka Herath, School of Built Environment, Faculty of Design, Architecture & Building, University of Technology Sydney, Australia and the Session II keynote speech was delivered by Dr. Kanjanee Budthimedhee, School of Architecture and Design, King Mongkut’s University of Technology Thonburi, Thailand, under the theme of 鈥淐reating Shared Values of Urban Waterfront Real Estate: A Case Study of Bangkok Canal Network鈥.
First session of the Second Day of the Conference (08th October 2021) 鈥 The Industry Dialogue consisted of the delivery of four insightful speeches by industry experts along with a panel discussion under the valuable and timely theme of 鈥淩esilience and Adaptability of Hospitality Real Estate: Lessons and Strategies in the context of Hotel Valuation Techniques鈥. The dignitaries who joined the session are:
- Chartered Valuation Surveyor Mr. PW Senarathne Former Chief Valuer, Government Valuation Department, 91传媒
- Chartered Valuation Surveyor Mr. D Prathapasinge, Secretary of Royal Institution of Chartered Surveyors 鈥 91传媒
- Bhagya Mahavithanage, Deputy Director 鈥 Investor Relations, 91传媒 Tourism Development Authority
- Kushan Pathiraja, Director 鈥 Finance, Cinnamon Life Integrated Resort
The session was moderated by Chartered Quantity Surveyor Mr. Shihaan Burah, Chairman of Royal Institution of Chartered Surveyors 鈥 91传媒.
Second session of the Second Day of the Conference (08th October 2021) 鈥 聽Real Estate Talk was aiming at sharing knowledge and building the relationship between academia and industry practitioners. The cross-sector panelists held a discourse around the conference theme: 鈥淭he Next Wave of Real Estate Growth鈥 in which the audience could listen and interact. The panel consisted of the following dignitaries:
- Russel Dandeniya, President, 91传媒 Institute of Architects
- Namal Peiris, Chief Executive Officer, International Construction Consortium (Pvt) Ltd
- Yamuna Jayaratna, Director – Sales & Marketing, Port City Colombo
- Plnr E.A.C. Piyashantha, Deputy Director General, Urban Development Authority
- (Mrs) Nishani Wickrmaarachchi, Senior Lecturer, Department of Estate Management and Valuation
The session was moderated by Dr. Upuli Perera, Head Department of Estate Management and Valuation, 91传媒.








































