PLAN71091
Corporate Real Estate Project
20
Variable teaching patterns
Postgraduate Taught
Level 7
Mark Shepherd
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> This unit gives real estate students the opportunity to undertake a professionally-relevant project that involves both team working and individual project work. The assessments will enable students to explore a location and a sector of the market from the occupier’s perspective, encouraging them to examine the financial, legal, policy and business drivers behind organisational location.</div><div> </div><div> Understanding the relationship between organisational strategy and real estate strategy requires students to understand the place of real estate assets in the broader business context. Real estate graduates have been criticised, historically, for their lack of understanding of how the business planning cycle works and how real estate can contribute to the principal business function(s). This unit is designed to facilitate a detailed exploration of the development of business focused real estate strategies, their informational requirements and their performance measurement from the perspective of the real estate occupier.</div><div> </div>
<div> This unit gives real estate students the opportunity to undertake a professionally-relevant project that involves both team working and individual project work. The assessments will enable students to explore a location and a sector of the market from the occupier’s perspective, encouraging them to examine the financial, legal, policy and business drivers behind organisational location.</div><div> </div><div> Understanding the relationship between organisational strategy and real estate strategy requires students to understand the place of real estate assets in the broader business context. Real estate graduates have been criticised, historically, for their lack of understanding of how the business planning cycle works and how real estate can contribute to the principal business function(s). This unit is designed to facilitate a detailed exploration of the development of business focused real estate strategies, their informational requirements and their performance measurement from the perspective of the real estate occupier.</div><div> </div>
<div> The unit aims to:</div><ul> <li> consider how organisations develop and implement strategic objectives</li> <li> explore the role of real estate in supporting organisational objectives (for business, public or third sectors)</li> <li> provide students with the depth and breadth of knowledge required to identify and critically evaluate user needs, property resources and the property market from the occupier’s perspective</li> <li> create communities of practice to develop knowledge and application of discipline-specific subject matter by applying relevant concepts and techniques to solve problems in a project environment</li> <li> further develop high-level communication and information technology skills to solve problems and present solutions</li></ul>
<ul> <li> Understand the business planning process, its drivers and its limitations.</li> <li> Use a range of tools and techniques to identify the needs of real estate occupiers including large and small corporates and the third sector</li> <li> Understand the interrelationship between planning, development, management and occupation of built assets</li></ul><div> </div>
<ul> <li> Evaluate the extent to which a particular location can satisfy the needs of real estate occupiers </li> <li> Explore advantages and disadvantages of a city or region as a location for a range business sectors</li> <li> Interpret corporate strategy and objectives and apply them to the development of a real estate strategy and operational plan.</li></ul>
<ul> <li> Deliver solutions to complex real estate problems</li> <li> Provide clear, practical advice to clients</li></ul>
<ul> <li> Work effectively in teams and individually, project managing complex tasks and delivering to strict deadlines</li> <li> Make presentations and write reports that are well-researched, ethical, coherent, cogent and logically structured</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><div> </div><div> Understanding is strengthened by group discussion and the contextualisation of general principles within your own working environments. Reflective practice is required to enable you to develop critical understanding and professional autonomy.</div>
3
Report
75%
7
Oral assessment/presentation
25%
<p>Formative Assessment:</p><p>Outline, questions and/or draft work on the main summative assessment (500 words)</p><p>Summative Assessment:</p><p>MIPIM City 10 minute presentation (Group) 25%</p><p>Organisation-specific real estate strategy report 3000 words (Individual) 75%</p>
<p>Formative feedback will be provided individually by email or verbally in a session, prior to the main assignment deadline.</p><p>Detailed feedback on summative assessments will be provided via Canvas. This will be in written or audio format</p>
PLAN71091 RE DL Conditions (Programme 07880)
MSc Real Estate Distance Learn
MSc Real Estate DL
PGDT Taught Component
Optional
MSc Real Estate
MSc Real Estate
PGDT Taught Component
Optional
N
<div> Cartlidge D. (2004). Procurement of Built Assets. Oxford: Elsevier Butterworth Heinemann</div><div> </div><div> Edwards V. and Ellison L. (2004). Corporate Property Management: Aligning Real Estate Strategy with Business Strategy. Oxford: Blackwell Publishing</div><div> </div><div> Hallenborg M. A. (2016). Real Estate Due Diligence: A Legal Perspective. Oxford: Routledge</div><div> </div><div> Haynes, B. and Nunnington, N. (2010). Corporate Real Estate Asset Management: Strategy and Implementation. Abingdon: EG Books</div><div> </div><div> Scarrett D. (2011). Property Asset Management (3rd Edition). Oxford: Routledge</div><div> </div><div> Schiller, R. (2001). The Dynamics of Property Location. Abingdon: Taylor and Francis</div>
Lectures
50
0
150
<p>Notional hours of Learning 200</p><p>Directed study (course materials) 20</p><p>Research and directed reading 130</p><p>Preparation of assignments 50 </p>