New effort empowers MIT researchers to shape real estate’s future and build responsibly and sustainably
The Asia Real Estate Initiative (AREI) was approved by the School Council and also the Provost’s Deans’ Group. CRE Research Scientist and Lecturer, Zhengzhen Tan, is appointed as Founding Director of AREI, and Professor Siqi Zheng currently serves as the faculty chair to support Zhengzhen.
AREI has received initial support from a prominent alumnus of CRE who wishes to remain anonymous. Since last semester, Zhengzhen Tan, together with James Scott, have already led 15 MSRED students to do two research projects under AREI: Real Estate Technology and Sustainability in Asia and Beyond. Recently, the Center offered fellowships and/or awards to five MSRED students with this fund.