Property Institute of New Zealand
Encyclopedia
Property Institute of New Zealand (PINZ) was formed in 2000. With over 2800 members throughout New Zealand
and scattered throughout the world, the Property Institute is the voice of the property profession. Membership includes valuers, property and facilities managers, property advisors, and plant and machinery valuers.
PINZ defines the principles that it works to as:
PINZ is currently involved in a review of the Valuers Act 1948.
New Zealand
New Zealand is an island country in the south-western Pacific Ocean comprising two main landmasses and numerous smaller islands. The country is situated some east of Australia across the Tasman Sea, and roughly south of the Pacific island nations of New Caledonia, Fiji, and Tonga...
and scattered throughout the world, the Property Institute is the voice of the property profession. Membership includes valuers, property and facilities managers, property advisors, and plant and machinery valuers.
PINZ defines the principles that it works to as:
- Creating extra-ordinary people through professional learning and continuing professional developmentContinuing Professional DevelopmentContinuing professional development or Continuing professional education is the means by which people maintain their knowledge and skills related to their professional lives.-CPD research:...
. - Exemplary ethical practice and behaviour, integrity and transparencyCorporate transparencyCorporate transparency is set of information, privacy, and business policies to improve corporate decisionmaking and operations openness to employees, stakeholders, shareholders and the general public. Standard & Poor's has included a definition of corporate transparency in its aimed at analysis...
. - Pursuing excellence in all areas of the property industry.
- Being socially responsibleSocial responsibilitySocial responsibility is an ethical ideology or theory that an entity, be it an organization or individual, has an obligation to act to benefit society at large. Social responsibility is a duty every individual or organization has to perform so as to maintain a balance between the economy and the...
and working responsibly. - The Property Institute seeks to increasingly work with governmentGovernmentGovernment refers to the legislators, administrators, and arbitrators in the administrative bureaucracy who control a state at a given time, and to the system of government by which they are organized...
, industryIndustryIndustry refers to the production of an economic good or service within an economy.-Industrial sectors:There are four key industrial economic sectors: the primary sector, largely raw material extraction industries such as mining and farming; the secondary sector, involving refining, construction,...
and other professional associations, education stakeholders and the media to promote its standards and views.
PINZ is currently involved in a review of the Valuers Act 1948.