About APREA 
| About APREA |
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The Asia Pacific Real Estate Association (APREA) is the representative body for the real estate sector (listed and unlisted) in Asia. BackgroundAPREA is a non-profit industry association that works to encourage greater investment in the real estate sector in Asia Pacific through the provision of better information to investors, improving the general operating environment, encouraging best practices and unifying and strengthening the industry. APREA's mission is to:
Its membership comprises estate companies, listed real estate trusts, unlisted property funds, investment managers, investment banks, property securities fund managers, institutional investors, real estate consultants, corporate advisors, stockbrokers, investment advisors and universities. The APREA Institute, APREA's education and training arm, provides the foundation for raising standards in the industry through the provision of practical and applied training programs. Its Certificate of Real Estate Investment Finance program is the only course of its kind in the region to be both developed and delivered by industry practitioners. APREA's achievements in education and information dissemination, and focus on improving the general real estate operating environment, have firmly entrenched it as the leading representative body for the industry in the region. In particular, its achievements in driving regulatory improvements within the listed real estate trust sector extend beyond existing markets and pave the way for the emergence of new markets in other Asian countries. APREA membership is the gateway to a network of the industry's most influential decision makers and provides the opportunity to influence and participate in the development of the real estate markets in Asia. Objectives The objectives of APREA are to:
Developing strong relationships with global investment industry associations and regional real estate organizations is a key function. APREA is a non-aligned, independent regional association. It has a close association with many industry bodies around the globe and is a member of the Real Estate Equity Securitisation Alliance, other members of which are the Association for Real Estate Securitisation, Japan (ARES), the British Property Federation, the European Public Real Estate Association (EPRA), the National Association of Real Estate Investment Trusts, USA (NAREIT), the Property Council of Australia and the Real Property Association of Canada. Governance The Association is governed by a Management Board, which meets quarterly, and an Executive Committee, which meets quarterly and more frequently as required. The Executive Committee is reponsible for day to day management . The Board and the Committee are supported by an administration of 7 - a Chief Executive Officer, an Operations Director, a Research Analyst, two Administrative Assistants and Chapter Managers in Hong Kong and Japan. The administraton is supported by a number of consultants. The agenda of the Association is developed and driven by its member-constituted working committees and various task forces. Current working committees are Best Practices (including Accounting and Financial Reporting and Valuation sub-committees), Membership, Events, Information (including Research, Investor Education, Investor Outreach, Index and Website working groups), Regulatory & Liaison, Substainability and Property Derivatives. For more information on the structure and agenda of the working committees, refer to their specific pages.
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