REMB34-Real Estate Management

Module Provider: Real Estate and Planning
Number of credits: 20 [10 ECTS credits]
Terms in which taught: Summer term module
Non-modular pre-requisites:
Modules excluded:
Module version for: 2016/7

Module Convenor: Dr Ashley Dabson


Summary module description:

This module applies business management principles to corporate real estate. The subject is considered from several points of view. It looks at the business view, the asset management view (the investor, landlord and tenant) the property management, the facilities management and the financial management points of view. To understand the operational impact of each of these and the implications of the approaches adopted by real estate professionals for their real estate portfolios this module will also examine this topic within the context of live case studies. These case studies provide examples of how corporate real estate requirements shift in response to both strategic imperatives and the changing economic and competitive environment. In order to examine how real estate management can enhance or inhibit the ability to remain aligned with corporate business needs this module reviews current research, innovation and practice in this subject area.

Assessable learning outcomes:
On completion of this module students will be able to:

• Analyse and critique the generic real estate management and service needs of a corporate organisation;
• Critically evaluate the importance of aligning portfolio change with real estate management and the business strategy;
• Evaluate and summarise how real estate management must be responsive to the economic and competitive environment as well as an organisation's strategy;
• Compare and critically asses the different real estate approaches adopted to respond to an organisation's competitive strategy within its dynamic operating environment.
• Evaluate the actual alignment of the real estate portfolio with the needs of the business;
• Review the latest research and management thinking on this topic.

Additional outcomes:
• Enhance systematic data gathering skills from both public resources and through primary interviews;
• Enhance oral and communication skills through discussions and presentations in seminar sessions; and
• Develop academic report writing skills through the module assignment;

Outline content:
• Corporate competitive strategies
• Corporate real estate planning
• Aligning the corporate real estate portfolio with the needs of the business
• Analysing practice examples.

During the study programme, selected key themes that reflect emerging issues for corporate strategy and its impact on real estate are developed. Past themes have included:

• Staying at the cutting edge,
• Managing global growth in a fast expanding industry,
• e-business and the new economy,
• Managing in an uncertain and competitive environment,
• Reinvention and renewal,
• Restructuring, consolidation and repositioning and
• Outsourcing: drivers, choices and rewards.

Each of these themes will be supported by pre-course reading

Brief description of teaching and learning methods:
The module is delivered in block release format that involves a four day face-to-face teaching block with pre-course preparation plus online post-teaching support. The module is taught in an interactive format through lectures and seminars. Assessed individual coursework will be the main consolidating and integrating vehicle for the taught material. Students are encouraged to share information via Blackboard in the extended online support period which follows the face-to-face element. An online discussion of the case studies between tutors and students supports the assessment in this module.

Contact hours:
  Autumn Spring Summer
Lectures 15
Seminars 15
Guided independent study 170
Total hours by term 200.00
Total hours for module 200.00

Summative Assessment Methods:
Method Percentage
Report 100

Other information on summative assessment:
A major project assessing the learning outcomes of this module. Assessment will be equivalent to 3,000 - 5,000 words.

As this is core Module of Special Significance all students joining the MSc Corporate Real Estate programme from September 2012 will have to achieve a mark of at least 40 in order to achieve the MSc.

Formative assessment methods:

Penalties for late submission:
Penalties for late submission on this module are in accordance with the University policy. Please refer to page 5 of the Postgraduate Guide to Assessment for further information:

Length of examination:

Requirements for a pass:

Reassessment arrangements:
Resubmission of the project in order to achieve a maximum mark of 50. Reassessment utilises the same method as that used for the module's original assessment requirements, subject to variation by the Examination Board where appropriate.

Additional Costs (specified where applicable):
1) Required text books:
2) Specialist equipment or materials:
3) Specialist clothing, footwear or headgear:
4) Printing and binding:
5) Computers and devices with a particular specification:
6) Travel, accommodation and subsistence:

Last updated: 21 December 2016

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