In June 2003 the European Real Estate Society (ERES) celebrated its
tenth anniversary by holding its annual conference in Helsinki,
Finland. The conference was organised by Hanna Kaleva and Olli
Olkkonen from KTI (The Finnish Institute of Real Estate Economics)
with strong support from their KTI colleagues, the wider Finnish
real estate community and the many sponsors of the conference. The
Helsinki conference attracted over 350 participants from 31
countries with over 180 papers presented. This special edition of
the Journal of Property Investment and Finance contains the winner
of the first annual Gerald Brown Memorial Prize, sponsored by
Emerald, for the best paper presented on Real Estate Investment and
Valuation at ERES 2003 and includes three other article presented
at the conference. For more information on the European Real Estate
Society, membership, conferences and initiatives please visit our
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