THE HONG KONG INSTITUTE OF SURVEYORS

Code	:	2018115
Event Name	:	Collective Sale in Hong Kong from an Investment Prospective
CPD Code	:	Formal Events
Speaker	:	Sr Reeves Yan, FRICS MHKIS RPS(G) Executive Director, Colliers International (Hong Kong) Ltd Reeves has over 13 years real estate experience lined in providing investment brokerage services in acquisition and disposal of commercial, residential and industrial properties as well as development sites. Reeves had concluded sale transactions with over HK$20 billion in value and his clients include major property developers, institutional fund investors, high-net-worth individuals, listed companies as well as financial institutions such as banks and insurance companies.
Event Date	:	2018-08-23
Event Time	:	7:00 pm - 8:30 pm
Registration Closing Date	:	2018-08-16
CPD Hour(s)	:	1.5
Divisional PQSL Hour(s)	:	1.5
Venue	:	Surveyors Learning Centre, Room 1207, 12/F, Wing On Centre, 111 Connaught Road Central, Sheung Wan, Hong Kong
Division	:	PDD
Fee	:	HK$120 for members; HK$150 for non-members (HK$30 walk-in surcharge on all prices listed)
Priority	:	PDD members; First-come-first-served
Language	:	Cantonese supplemented by English
Details	:	The scarcity of land supply has been a persisting issue in Hong Kong, with supply generally lagging behind the demand. While Hong Kong’s pool of developers progressively expands beyond the local conglomerates, mid-size and foreign developers are gaining considerable market presence, fueling an intense period of competition and record setting transactions in Hong Kong’s real estate market. With the strong competition in the public land sale market, local property developers are increasingly setting their sights on acquiring old properties for redevelopment value as they get priced out of land auctions. Different from acquiring lands in public sector, engaging in a redevelopment project in private sector by collective sale requires lengthy procedures and does not happen overnight, it takes time in identifying a potential redevelopment site, aligning interest of all owners and carrying out due diligence on title deeds, all of which are complex processes that depend on precarious negotiations. Nonetheless, what is viewed as the most time-consuming, resource-intensive path to a new development project is also deemed as a necessary step in growing one’s footprint in today’s Hong Kong market. The seminar will highlight the recent statistics and case studies of few collective sale projects in Hong Kong. The key success factors for a collective sale to happen will also be discussed.
Payment	:	HKD 120
Face-to-Face/Zoom	:	Please refer to the remarks

1.	The registration fee is non-refundable and non-transferrable.
2.	A registration number will be generated for each application. The registration number is unique and non-transferrable. Members cannot proceed to payment if they do not apply the CPD event and obtain the registration number through the HKIS website.
3.	Payment can be made by cheque or by Credit Card (Shanghai Commercial Bank Ltd. / American Express). Cheques should be made payable to “SURVEYORS SERVICES LTD.”. A separate cheque or Credit Card payment instruction form is required for each event/ application. You should write down the registration number and HKIS membership number at the back of your cheque. The HKIS Secretariat will update the payment status and your application will be confirm when HKIS Secretariat receive your payment.
4.	Payment by PayPal is also acceptable. Please register in our web site before the closing date for each event. Please be reminded that if you cannot settle the payment within 7 days from the date the HKIS Secretariat accepted your registration, your registration number will be invalid and your application will be rejected. Your name will not be included in the registration list and you cannot attend the concerned CPD event. (Not applicable for site visit / social event / joint event with other organisation)
5.	An official receipt which must be presented at the event, will be available for downloading from the "CPD Profile" under Members Corners when payment is received.
6.	Incomplete or wrongly completed registration will not be processed.
7.	In the event a Typhoon Signal No. 8 or above or Black Rainstorm Warning is hoisted, the event will be postponed and a new arrangement will be announced. Should the aforesaid warnings be lowered 4 hours before the event, the event will proceed as normal.
8.	If you have not received any reply from HKIS Secretariat within 7 days of the event, you may call the Secretariat at 2526 3679 to check the progress of your registration.
9.	The HKIS reserves the right of final decision and interpretation in the case of any disputes.

1.	I confirm that I fully understand and accept the risk of joining the above visit. Under no circumstances shall The Hong Kong Institute of Surveyors ("HKIS"), their staff or agents be held liable for the consequence of any accidents whether or not they are caused by the negligence of the HKIS, their staff and/or agents.
2.	Members participating in the above visit shall be in good health condition.
3.	While the HKIS has arranged Group Personal Accident insurance for members joining the above visit, members who have been accepted for joining the above visit can consider procuring an appropriate insurance policy to cover their own risks before attending the event.
4.	Claims related to COVID-19 and/or pandemics are excluded under the insurance policy procured by the HKIS.