PLAN72022
Land and Development
20
Semester 2
Postgraduate Taught
Level 7
Eero Valtonen
Unit coordinator
Planning, Property and Environmental Management
1
FHEQ level (Framework for Higher Education Qualifications) ' Masters/Integrated Masters P4 '
European Credit Transfer & Accumulation System Rating : 10.0
<div> In Land and Development, we will study the process of development, from project inception, site assessment and initial design through to planning, implementation and site disposal. We will critically consider the inter-relationship of the property market, built form and development and both planning and environmental regulation as different land uses compete with each other for the available supply of resources, to meet the need for both built estate and green space in urban areas. There is a strong focus on financial appraisal and the importance of financial risk management and viability. Topics include:</div><div> </div><div> An overview of the development process</div><div> Actors and motivation</div><div> Site acquisition and assessment</div><div> Property market and demand for development</div><div> Environmental and ecological considerations</div><div> Legal and regulatory constraints</div><div> Options appraisal </div><div> Development design, quality & mix; designing for sustainability</div><div> Development financial appraisal, sensitivity analysis and other risk assessment tools</div><div> Finance & sales and marketing</div>
<div> In Land and Development, we will study the process of development, from project inception, site assessment and initial design through to planning, implementation and site disposal. We will critically consider the inter-relationship of the property market, built form and development and both planning and environmental regulation as different land uses compete with each other for the available supply of resources, to meet the need for both built estate and green space in urban areas. There is a strong focus on financial appraisal and the importance of financial risk management and viability. Topics include:</div><div> </div><div> An overview of the development process</div><div> Actors and motivation</div><div> Site acquisition and assessment</div><div> Property market and demand for development</div><div> Environmental and ecological considerations</div><div> Legal and regulatory constraints</div><div> Options appraisal </div><div> Development design, quality & mix; designing for sustainability</div><div> Development financial appraisal, sensitivity analysis and other risk assessment tools</div><div> Finance & sales and marketing</div>
<div> The unit aims to:</div><ul> <li> provide a thorough understanding of the issues that need to be considered as part of the process of developing land, with particular emphasis on the assessment of site potential and meeting commercial expectations</li> <li> develop understanding of land use policies and making the best use of land resources through the redevelopment and reuse of previously developed or “brownfield” sites;, including existing buildings</li> <li> introduce students to contemporary issues and concerns in property development</li> <li> foster practical experience and understanding of the development process through preparation of individual development proposals for real potential development sites</li> <li> develop competence in financial appraisal and understanding of the concepts of risk and viability in the context of development schemes</li></ul>
<ul> <li> Demonstrate comprehensive understanding and knowledge of the development process, actors, drivers and constraints.</li> <li> Demonstrate sound understanding of the components of a residual development appraisal and the factors affecting viability</li></ul>
<ul> <li> Demonstrate sound capacity for critical thinking and ability to present well-justified arguments, recognising the interconnected nature of development practice</li></ul>
<ul> <li> Demonstrate numeracy skills through appreciation of issues around selection, accuracy, uncertainty and approximation with numbers</li></ul>
<ul> <li> Communicate ideas effectively through preparation of professional reports </li></ul>
<div> This module is delivered entirely by distance-learning. You will receive access to the online virtual learning environment which will contain the learning materials and the online tools required to interact with tutors and your fellow students.</div><div> </div><div> The learning materials have been specifically designed to provide an interactive and carefully structured introduction to each topic, guidance on further reading, opportunities for reinforcement activity (checking that you can apply your knowledge) and formative feedback (monitoring your progress and identifying ways to improve).</div><div> </div><div> The material is designed to allow you to study in a flexible manner (at your own pace) but there will be certain points during the block of study when summative (tutor-assessed) work will need to be submitted.</div><div> </div><div> The course materials should be considered as the starting point for your study of the subject and you should read as much professional literature (professional body publications, market reports and periodicals) and academic literature (textbooks and refereed journal articles) as you can.</div>
3
Report
90%
7
Oral assessment/presentation
10%
<p>Formative Assessment:</p><p>Outline, questions and/or draft work on the main summative assessment (500 words)</p><p>Summative Assessment:</p><p>Group Presentation (5 minutes) 10%</p><p>Development report, including financial appraisal of a selected site. The report will be required to address specified topical considerations (3600 words) 90%</p>
<p>Formative feedback will be provided individually by email or verbally in a session, prior to the main assignment submission deadline.</p><div>Detailed feedback on the summative assessment will be provided via Canvas. This will be in written or audio format.</div>
PLAN72022 RE DL Conditions (Programme 07880 & 10027)
MSc Real Estate Distance Learn
MSc Real Estate DL
PGDT Taught Component
Mandatory
MSc Real Estate
MSc Real Estate
PGDT Taught Component
Mandatory
N
<div> General Development Texts. </div><div> You are strongly advised to read one of these to give a good overview of the subject area</div><div> Adams, D. and Tiesdell, S. (2012) Shaping places: urban planning, design and development. Abingdon: Routledge</div><div> Havard, T. (2008) Contemporary property development 2nd ed London: RIBA Publishing</div><div> Isaac, D., O’Leary, J. and Daley, M. (2010) Property development 2nd ed. Basingstoke: Palgrave Macmillan</div><div> Ratcliffe, J., Stubbs, M. & Keeping, M. (2009) Urban planning and real estate development 3rd ed. Abingdon: Routledge</div><div> Reed, R. and Sims, S. (2015) Property development 6th ed. Abingdon: Routledge</div><div> Syms, P. (2010) Land, development and design 2nd ed. Oxford: Wiley-Blackwell</div><div> </div><div> Additional Reading</div><div> Byrne, P. (1996) Risk, uncertainty and decision-making in property development 2nd ed London: E & FN Spon</div><div> Clark D (2013) What colour is your building? London: RIBA Publishing</div><div> Dent, P., Patrick, M. and Xu, Y. (2012) Property markets and sustainable behaviour Abingdon: Routledge</div><div> Dubben, N. & Williams, B. (2009) Partnerships in urban property development Chichester: Wiley-Blackwell</div><div> Edwards, B.W and Naboni, E. (2013) Green buildings pay: design, productivity and ecology 3rd ed. London: Routledge</div><div> English Partnerships (2006) The brownfield guide: a practitioner’s guide to land reuse in England, English Partnerships, London</div><div> Guy, C. (1994). The retail development process: location, property and planning. London: Routledge</div><div> Guy, S. and Henneberry, J. (Eds) (2002) Development & developers - perspectives on property. Oxford: Blackwell</div><div> Havard, T. (2013) Financial feasibility studies for property development: theory and practice. Abingdon: Routledge</div><div> Jowsey, E. (2011) Real estate economics. Basingstoke: Palgrave Macmillan</div><div> Taylor, S., Cooper, M. and Barnwell P.S. (2002) Manchester: the warehouse legacy London: English Heritage</div><div> Tiesdell, S and Adams, D (2011) Urban design in the real estate development process, Wiley-Blackwell, Oxford</div><div> Wilkinson, S., Sayce, S. and Chrostensen, P.H. (2015) Developing property sustainably. Abingdon: Routledge</div><div> Yudelson, J. and Meyer, U. (2013) The world’s greenest buildings Abingdon: Routledge</div>
Lectures
50
0
150
<p>Notional hours of Learning 200</p><p>Directed study (course materials) 50</p><p>Research and directed reading 100</p><p>Preparation of assignments 50 </p>