Aareal Award of Excellence 2010 has commenced (EUR)

Aareal Bank AG and the Real Estate Management Institute (REMI) of the European Business School (EBS) are offering the Aareal Award of Excellence in Real Estate Research for the third time. The annual research prize honors academically-outstanding work in real estate research and is again worth €12,000.

This year, academic papers/theses on the three subjects real estate finance products and ratings; real estate investment products; real estate and demography can be submitted. The following categories are eligible for entry: Bachelor/Master/Diploma theses and doctoral dissertations and research papers from all types of tertiary education (universities, universities of applied science and vocational academies). Deadline for the award in 2010 is 18 December 2009. The exact conditions of entry are at www.aareal-award.com.

Research to recognize market trends early
This year too, the Aareal Award of Excellence in Real Estate Research is being offered at international level. That underscores the international gearing of the awarders: Aareal Bank, one of the leading international property specialists, is on the market in Europe, US and Asia and has local market expertise in more than 25 countries. Dr Wolf Schumacher, Chairman of the Management Board at Aareal Bank AG explains: "We want to foster up-and-coming talent with the Aareal Award of Excellence; to support research; network research and teaching at international level and identify market trends early."

EBS REMI has an international orientation and more than 150 partner institutions in the tertiary education sector around the world. It aims to offer training and continuing education at the highest level in real estate economics and to promote research at the same time. The head of the institute, Prof Dr Nico Rottke explained: " We see the joint award as a key contribution for committed and, especially, young real estate researchers around the world to get involved in research and to take part in the future of the property industry." Media partners for the 2010 Aareal Award are the "Immobilien-Manager" and "REurope" magazines.These trade journals support the jury in defining the topics for the prize competition.

Aareal Award ceremonies 2010
An independent jury of more than 30 international professors chooses the best work from among all submitted. The Aareal Award of Excellence in Real Estate Research will be awarded on 26 February 2010 at the 11th EBS real estate congress on the Schloss Reichartshausen campus of the European Business School in Oestrich-Winkel.

Source: Aareal Bank

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