APREA includes Pradeep Jain, Chairman, Parsvnath Developers as new member of the board

In yet another milestone for Indian Real Estate Industry and Indian Entrepreneurs, Mr. Pradeep Jain, Chairman, Parsvnath Developers Limited is inducted on the board of APREA (The Asian Public Real Estate Association). APREA has played a leading role in representing and promoting real estate in Asia, particularly in the areas of research and information, training for professionals and promoting real estate investment in Asia.

New Delhi, Delhi, May 11, 2010 /India PRwire/ -- In yet another milestone for Indian Real Estate Industry and Indian Entrepreneurs, Mr. Pradeep Jain, Chairman, Parsvnath Developers Limited is inducted on the board of APREA (The Asian Public Real Estate Association). APREA has played a leading role in representing and promoting real estate in Asia, particularly in the areas of research and information, training for professionals and promoting real estate investment in Asia.

APREA's membership is strongly represented across all countries in Asia Pacific, including Australia, Hong Kong, China, India, Japan, Singapore, the Philippines, Malaysia and South Korea. With the announcement, Mr. Pradeep Jain has become the only Indian entrepreneur on the board of APERA.

After being inducted in the board, Mr. Pradeep Jain, said "APREA, which started in 2005 as come a long way in promoting and facilitating investments in the real estate sector in countries where it operates. With more than decade of my experience in the real estate and allied businesses in India and global expertise of APREA in facilitating investments, we will see India emerging as investments hub in real estate sector in world. Coming to the board I would like to take the good work further and contribute positively to the organization's efforts."

Notes to Editor

APREA is a non-profit industry association that works to encourage greater investment in the real estate sector in Asia Pacific through the provision of better information to investors, improving the general operating environment, encouraging best practices and unifying and strengthening the industry.

APREA's mission is to:

  • Promote the real estate sector in the Asia Pacific region to domestic and foreign investors
  • Develop a unified and powerful professional industry body, and
  • Represent the sector to governments and regulators to improve the commercial operating environment for members

Its membership comprises real estate companies, listed real estate trusts, unlisted property funds, investment managers, investment banks, property securities fund managers, institutional investors, real estate consultants, corporate advisors, stockbrokers, investment advisors and universities. APREA membership is the gateway to a network of the industry's most influential decision makers and provides the opportunity to influence and participate in the development of the real estate markets in Asia.

APREA's achievements in education and information dissemination, and focus on improving the general real estate operating environment, have firmly entrenched it as the leading representative body for the industry in the region. In particular, its achievements in driving regulatory improvements within the listed real estate trust sector extend beyond existing markets and pave the way for the emergence of new markets in other Asian countries.

For additional information on APREA, please visit www.aprea.asia.


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