Dr K. W. Chau is currently Chair Professor of Real Estate and Construction and Director of the Ronald Coase Centre for Property Rights Research at The University of Hong Kong. His main areas of research include real estate finance and economics, real estate price index and urban analysis. Most of his works are empirical studies with implications for policy makers and practitioners. He has published over 100 journal papers including the Journal of Law and Economics, Journal of Real Estate Finance and Economics, Urban Studies, Energy Policy, Building and Environment, Environment and Planning B and Habitat International. He received the International Real Estate Society Achievement Award in 1999. In 1996, Dr Chau became the founding president of the Asian Real Estate Society. He was elected president of the International Real Estate Society in 2000. He is now serving on the editorial boards of more than 10 peer-reviewed journals.