Newsletter   December 2016 
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CUHK ‘s victory in Cornell International Real Estate Case Competition 2016

The CUHK Team took the first place in the Annual Cornell International Real Estate Case Competition 2016!

Each year, top undergraduate academic real estate programmes in the world are invited to enter the Cornell International Real Estate Case Competition (CIRECC). As the only Hong Kong team being invited, SHTM and its CHRER represented The Chinese University of Hong Kong (CUHK) and participated in the 8th annual competition on November 14-15, 2016 at the TIAA-CREF offices in New York City. In the 8th competition, the CUHK team was named as "DS Capital Advisors” and consisted of six students. It was the fifth time CUHK team participated in CIRECC and was the first time we won the first place.

[CUHK team members in the 8th Cornell International Real Estate Case Competition (From left to right) Zenith CHUNG Kin Ling, Lucas LI Chung Man, William WANG Chai Wai, Adrian TANG Yan Ho, Pinky CHIU Man Kei and Nancy WONG Yip.]


20 teams from the top real estate schools around the word competed for a share of USD21,500 in prize money in this year’s competition. CUHK won the first place and took away USD10,000. The second place went to University of Sydney and University of Wisconsin at Madison (tie), and University of Queensland and Brandeis University took the fourth and fifth place respectively.

The competition modeled a realistic commercial real estate case provided by WX – New York Women Executives in Real Estate and written by Bradley Walker and Darren Wang. Participants were asked to provide recommendations about a particular property or portfolio. The CUHK team was assigned to evaluate the merits of a premium built-to-suit office Tower.

Each team had five days to prepare their analysis and presentation of the case. Teams presented their analysis to a panel of judges, who determined a winner based on the best overall analysis and presentation.  The teams were judged not only on their investment recommendations, their approach to the problem, and their presentation skills, but also on their ability to answer and respond to direct and probing questions posed by the judges.

Our team competed with other teams from well-known universities worldwide including Brown University, Cornell University, Georgetown University, Indiana University, New York University, Pennsylvania State University, Renmin University of China, Stanford University, University of Colorado, University of Connecticut, University of Guelph, University of Michigan, University of Pennsylvania, The Wharton School, University of Queensland, University of Sydney, University of Texas at Austin, and University of Wisconsin at Madison and Villanova University.  Through this exciting and enriching academic event, our students gained global exposure and real experience of Wall Street asset management.


Congratulations to "DS Capital Advisors” team!