PROPERTY 331 : Advanced Property Management

Business and Economics

2024 Semester Two (1245) (15 POINTS)

Course Prescription

Property asset management theory through the study of its practical application in the strategic and estate management of property portfolios held in public and private ownership. The role of corporate real estate management in large organisations.

Course Overview

This course is designed to impart both theoretical and practical insights into corporate real estate management to students, enabling them to tackle real-world challenges pertinent to their future employment and professional roles. The curriculum is informed by the Corporate Real Estate Assessment of Professional Competence (APC) pathway from the Royal Institution of Chartered Surveyors (RICS), a highly respected international professional body that accredits the BProp programme. Students will develop an understanding of the complex interplay between various corporate real estate management strategies. The course will introduce strategic property management issues, building on the general concepts covered in PROPERTY 231 and related courses. Students will be equipped with the skills to analyse, solve and communicate the solutions to authentic corporate real estate management problems.

Course Requirements

Prerequisite: 90 points from PROPERTY 211-281

Capabilities Developed in this Course

Capability 2: Sustainability
Capability 3: Knowledge and Practice
Capability 4: Critical Thinking
Capability 5: Solution Seeking
Capability 6: Communication
Capability 8: Ethics and Professionalism
Graduate Profile: Bachelor of Property

Learning Outcomes

By the end of this course, students will be able to:
  1. Identify the strategic role of property in achieving corporate objectives and its value proposition. (Capability 3.2)
  2. Analyse business cases and propose strategic solutions to corporate real estate management challenges. (Capability 4.1 and 4.2)
  3. Construct and apply performance metrics to evaluate and manage corporate real estate issues, including current market conditions and trends, including current property market issues and trends. (Capability 5.1 and 5.2)
  4. Apply essential conventions of business case study writing, as outlined by the RICS’s APC to effectively communicate corporate real estate management advice to diverse property clients and stakeholders (Capability 6.2)
  5. Provide constructive critiques in the capacity of an assessor, reflect on personal learning and using peer feedback to independently enhance individual performance and knowledge. (Capability 8.2)
  6. Assess the significance of Corporate Social Responsibility (CSR) and Environmental, Social, and Governance (ESG) considerations in strategic corporate property decision-making. (Capability 2.2)

Assessments

Assessment Type Percentage Classification
Case Studies - 1 12% Individual Coursework
Case Studies - 2 12% Individual Coursework
Peer-Review/Self-reflection 6% Individual Coursework
Test 16% Individual Test
Quizzes 4% Individual Coursework
Final Exam 50% Individual Examination
Assessment Type Learning Outcome Addressed
1 2 3 4 5 6
Case Studies - 1
Case Studies - 2
Peer-Review/Self-reflection
Test
Quizzes
Final Exam
Pass requirements

In order to pass this course, you MUST obtain at least 50% of the total marks awarded for the course. In addition, a minimum mark of 40% in the final examination is also expected.

Workload Expectations

This course is a standard 15 point course and students are expected to spend 10 hours per week involved in each 15 point course that they are enrolled in.

For this course, you can expect 3 hours of lectures, a 2-4 hours of reading and thinking about the content and 3 hours of work on assignments and/or test preparation.

Delivery Mode

Campus Experience

Attendance is expected at some scheduled activities including tutorials/In-class discussion to complete/receive credit for components of the course. Lectures will be available as recordings. Other learning activities including guest lectures/seminars may not be available as recordings, subject to the preference of the guest speakers. The course will not include live online events including group discussions/tutorials. Attendance on campus is required for the test and exam. The activities for the course are scheduled as a standard weekly timetable.

Learning Resources

Course materials are made available in a learning and collaboration tool called Canvas which also includes reading lists and lecture recordings (where available).

Please remember that the recording of any class on a personal device requires the permission of the instructor.

Suggested reading: Haynes, B., Nunnington, N., & Eccles, T. (2017). Corporate real estate asset management: Strategy and Implementation. Taylor & Francis. (E-book is available in the University library) 

Business cases: Cases from various sources, e.g. Harvard Business Publishing will be used for discussion and group assignments throughout the course.

Student Feedback

At the end of every semester students will be invited to give feedback on the course and teaching through a tool called SET or Qualtrics. The lecturers and course co-ordinators will consider all feedback and respond with summaries and actions.

Your feedback helps teachers to improve the course and its delivery for future students.

Class Representatives in each class can take feedback to the department and faculty staff-student consultative committees.

Any changes will be shown in the course outline and announced in class at the beginning of the semester in the next offering.

Academic Integrity

The University of Auckland will not tolerate cheating, or assisting others to cheat, and views cheating in coursework as a serious academic offence. The work that a student submits for grading must be the student's own work, reflecting their learning. Where work from other sources is used, it must be properly acknowledged and referenced. This requirement also applies to sources on the internet. A student's assessed work may be reviewed for potential plagiarism or other forms of academic misconduct, using computerised detection mechanisms.

Class Representatives

Class representatives are students tasked with representing student issues to departments, faculties, and the wider university. If you have a complaint about this course, please contact your class rep who will know how to raise it in the right channels. See your departmental noticeboard for contact details for your class reps.

Inclusive Learning

All students are asked to discuss any impairment related requirements privately, face to face and/or in written form with the course coordinator, lecturer or tutor.

Student Disability Services also provides support for students with a wide range of impairments, both visible and invisible, to succeed and excel at the University. For more information and contact details, please visit the Student Disability Services’ website http://disability.auckland.ac.nz

Special Circumstances

If your ability to complete assessed coursework is affected by illness or other personal circumstances outside of your control, contact a member of teaching staff as soon as possible before the assessment is due.

If your personal circumstances significantly affect your performance, or preparation, for an exam or eligible written test, refer to the University’s aegrotat or compassionate consideration page https://www.auckland.ac.nz/en/students/academic-information/exams-and-final-results/during-exams/aegrotat-and-compassionate-consideration.html.

This should be done as soon as possible and no later than seven days after the affected test or exam date.

Learning Continuity

In the event of an unexpected disruption, we undertake to maintain the continuity and standard of teaching and learning in all your courses throughout the year. If there are unexpected disruptions the University has contingency plans to ensure that access to your course continues and course assessment continues to meet the principles of the University’s assessment policy. Some adjustments may need to be made in emergencies. You will be kept fully informed by your course co-ordinator/director, and if disruption occurs you should refer to the university website for information about how to proceed.

Student Charter and Responsibilities

The Student Charter assumes and acknowledges that students are active participants in the learning process and that they have responsibilities to the institution and the international community of scholars. The University expects that students will act at all times in a way that demonstrates respect for the rights of other students and staff so that the learning environment is both safe and productive. For further information visit Student Charter https://www.auckland.ac.nz/en/students/forms-policies-and-guidelines/student-policies-and-guidelines/student-charter.html.

Disclaimer

Elements of this outline may be subject to change. The latest information about the course will be available for enrolled students in Canvas.

In this course students may be asked to submit coursework assessments digitally. The University reserves the right to conduct scheduled tests and examinations for this course online or through the use of computers or other electronic devices. Where tests or examinations are conducted online remote invigilation arrangements may be used. In exceptional circumstances changes to elements of this course may be necessary at short notice. Students enrolled in this course will be informed of any such changes and the reasons for them, as soon as possible, through Canvas.

Published on 10/02/2024 01:20 p.m.