Annual Report 2012 - The Australian Property Institute

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The Australian Property Institute Annual Report | 2012ACT DivisionIn 2012 Paul Powderley was resoundingly re-elected President of the ACT Division ofThe Australian Property Institute for a second term. His energy and commitment areacknowledged and appreciated by the ACT Divisional Council.The ACT Divisional Council produced anotherbudget surplus and with input from variousAPI Committee members, the CPD Committeearranged interesting and informative industryevents providing API members and non memberswith good networking opportunities.After 24 years of involvement with TheAustralian Property Institute and Divisional Council,Richard Swinbourne, Life Member retired from theCouncil. The API and the ACT Divisional Councilhave appreciated and benefitted greatly from hiscontribution.The ACT Division also give thanks to the hardworking CPD Committee, ACT Divisional Counciland Cathy Sirel the ACT Executive Officer.Continuing ProfessionalDevelopment (CPD)The 2012 Continuing Professional DevelopmentProgram had another successful year thanks tothe combined efforts of the Divisional Presidentand the new CPD chair Adam Howarth.The recent Industry Forum combined with theDivisional AGM had over 100 people in attendance.Speakers included John Miller, Executive Directorof the ACT Master Builders Association; St GeorgeBank Economist, Jano Chan; and Paul Weightman,Managing Director/CEO of the Cromwell PropertyGroup. Attendees were provided with a goodoverview of the global economy, issues affectingthe construction industry and property investmentissues particular to the ACT.Andrew Barr MLA, ACT Deputy Chief Ministeralso provided an update on current economicfactors specific to the ACT.The ACT Government, Economic DevelopmentDirectorate presented the transformational City toLake Plan that is now in the consultation phase.The 10 – 15 year plan for the West Basin of LakeBurley Griffin includes a stadium, convention centre,urban beach, parks, mixed use developments andassociated infrastructure including light rail, with apopulation of 15,000 to 20,000 people planned forthe new precinct.The API Christmas drinks combined with theCommercial Property Market Wrap presented byAndrew Balzanelli, Managing Director of JonesLang LaSalle, has become a popular fixture on theCPD calendar.The ACT Risk Management Module was heldon Saturday 11 August and presented by MrAndrew Sharpe, a partner of DLA Piper, with 74 inattendance.Excellence in Property AwardAnother successful API Excellence inProperty Awards function was held in 2012 withsponsorship from the Village Building Company;Meyer Vendenberg Lawyers and ACT Building& Construction Industry Training Authority muchappreciated.24
The Australian Property Institute Annual Report | 2012The Property Development Award wasawarded to 22 Lonsdale Street Pty Ltd fortheir Mode 3 development, a new mixed usedevelopment on the northern fringe of the CPD.The Property Industry Award was presentedto Meyer Vandenberg Lawyers, a long-standinglegal company very active in the ACT commercialproperty sector.The Young Achiever of the Year was AdamHowarth of CBRE for his achievements in theproperty valuations sector.Government & Industry LiasonThe ACT API Division have representativeson the Residential Advisory Committee and theCommercial Advisory Committee. The Committeesare made up of property industry leaders, industryrepresentatives and government representatives.Matters relevant to the commercial propertymarket and the residential market are discussedsuch as the supply of land, government land saleresults and upcoming land releases.ACT Government representatives providepresentations on current development pipelines,building approval data, land supply strategies andland release targets.Other matters of relevance include planningamendments. API Divisional representatives provideinput to the committees and back to the DivisionalCouncil.25
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