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Friday, November 27 - 2009

Dubai Real Estate Institute partners with UK's University of Reading

  • United Arab Emirates: Tuesday, July 17 - 2007 at 13:18
  • PRESS RELEASE

Dubai Real Estate Institute (DREI), the region's first academic institute for real estate studies, today signed an agreement with the UK's University of Reading Department of Real Estate and Planning.

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  • From left to right: Sami AL Hashmi, Chief Executive Officer, Tatweer, Mizin; Ahmed al Serkal, Senior Vice President, Head of HR group, Dubai Islamic bank; Farhan Faraidooni, Chairman, DREI; Professor Colin Lizieri, Head of Real Estate Department, University of Reading; Farid Mohammed Ahmed, Secretary General, Dubai World; Caroline Nunnerley, Director of International Affairs, University of Reading; Dr. Mohamed Al Shehhi, Managing Director, DREI and Dr. Hischam El Agamy, Chairman of the Advisory Council, DREI.
    From left to right: Sami AL Hashmi, Chief Executive Officer, Tatweer, Mizin; Ahmed al Serkal, Senior Vice President, Head of HR group, Dubai Islamic bank; Farhan Faraidooni, Chairman, DREI; Professor Colin Lizieri, Head of Real Estate Department, University of Reading; Farid Mohammed Ahmed, Secretary General, Dubai World; Caroline Nunnerley, Director of International Affairs, University of Reading; Dr. Mohamed Al Shehhi, Managing Director, DREI and Dr. Hischam El Agamy, Chairman of the Advisory Council, DREI.
The agreement was signed by Dr. Mohamed Abdullatif Al Shehi, Managing Director of DREI, and Professor Colin Lizieri, Head of the Department of Real Estate and Planning at the University of Reading. Caroline Nunnerley, Director of International Affairs of Reading University, Dr. Hischam El Agamy, Chairman of DREI advisory counsel, and the DREI management team were present at the signing ceremony.

The two institutions will jointly offer executive education programmes and training in real estate during the upcoming academic year including short courses for middle managers and real estate leaders. In addition, both DREI and the University of Reading will work together to develop tailored programmes and work towards building research capabilities and degree programmes.

Dr. Mohamed Al Shehi, Managing Director, DREI, said:

"The University of Reading has a tradition for excellence that dates back to the 19th Century. We are honoured to establish a partnership with such a prestigious University which adds a rich academic tradition in real estate education and expertise to the region."


"Our agreement with the University of Reading's Department of Real Estate and Planning will help individuals and corporations looking for high quality real estate professional development opportunities. This agreement is part of our mission to forge partnerships with internationally recognised universities to strengthen the credibility of the high quality programmes in real estate education as well as complement training programmes and our research database."

The University of Reading is a leader in higher education with one of the strongest and most comprehensive real estate programs in the world. DREI has already partnered with the National University of Singapore and Sweden's Royal Institute of Technology.

Professor Colin Lizieri, Head of the Department of Real Estate and Planning at Reading, said: "We are pleased to establish this partnership, extending our academic reach to the Middle East. We regard the Dubai Real Estate Institute as a credible education partner, being the first comprehensive real estate institute in the Middle East.

"With this first of its kind exclusive agreement in the GCC, we look forward to integrating successfully the cornerstones of our University's strengths into the academic offerings of DREI."

Programme participants will have access to the University of Reading's digital library, one of the most comprehensive databases in the UK providing an authoritative resource for students and corporations. The University's large network will also enable industry experts to attend lectures and provide first hand knowledge of the industry to programme participants.

The lectures will be managed and undertaken by the senior faculty from Reading's Department of Real Estate and Planning who possess a wealth of industry experience and an impressive research record.

Students will receive certificates of attendance similar to the one provided to those enrolled in the University of Reading's short programmes. These courses will include Corporate Finance and Real Estate Decisions; Corporate Real Estate Management and Strategy; Project Management in Commercial Real Estate; Property Development - Process and Appraisal; Property Investment Strategies and Portfolio Analysis; Property Research and Forecasting; Real Estate Appraisal and Valuation; and Real Estate Fund Management.
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About Dubai Real Estate Institute
As the first specialised real estate academic institution in the region, the Dubai Real Estate Institute aims to enrich and broaden the knowledge and competency base of real estate industry professionals and managers. The institute, which will commence courses in the academic year 2007-2008, operates in partnership with several international real estate universities to provide high value learning experiences to its students.

Addressing strategic growth opportunities, competitive challenges and operational imperatives of the real estate industry in the MENA region, Asia, and Turkey, the institute will offer graduate programmes as well as professional development courses. These courses will focus on real estate development processes, asset and portfolio management, real estate valuation and appraisal, real estate finance and investment, international real estate, risk management, real estate law, urban economics and project management.

In addition, the institute will provide domain specific courses as diverse as real estate strategic and innovation management, strategic alliances, finance and capital markets, market analysis, and the management of specific properties such as residential, industrial, retail and office space.

All of the institute's offerings will be delivered in partnership with high ranking, academically accredited international universities using world-class faculty, advanced knowledge and practice, and state of the art facilities.

About the University of Reading
The University of Reading is ranked as one of the UK's 10 most research-intensive universities and one of the top 200 universities in the world. It enjoys a world-class reputation for teaching, research and enterprise. The quality and diversity of Reading's research is recognised internationally, with a number of its researchers receiving awards for their work. Home to several centres of excellence, it also conducts world-class research across a broad range of disciplines.

The Department of Real Estate & Planning was established in 1968 and is the largest in the UK for teaching and research in real estate. The Department's objectives are to maintain the highest standards of undergraduate and postgraduate teaching for the real estate industry and to undertake internationally recognised, leading edge research into real estate, planning and land. It enjoys strong support from the surveying profession and property industry, both for teaching and research.

The Department's faculty includes real estate economists, management scientists, strategic and local planners, surveyors, financial analysts and rural specialists.

For further information please contact:
Reem Sadek
JiWin
The Public Relations arm of Dubai Press Club
+971 4 3616666

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