NUS establishes real estate professorship to attract academic talent

The National University of Singapore (NUS) is hoping to improve the quality of real estate education and research, and attract talented academics to join as professors with the launch of its new $5 million professorship on Tuesday.

The Ng Teng Fong Professorship - named after the real estate pioneer who founded development corporation Far East Organization - is searching for professors who can conduct research in the fields of real estate economics and finance, as well as teach students to handle the changing real estate industry.

The professorship was established with the help of a $10 million donation from Far East Organisation to the NUS Institute of Real Estate Studies.

The money is also being used to fund the institute's research in areas like green real estate developments in the region.