REMF44-Real Estate Asset Management

Module Provider: Real Estate and Planning
Number of credits: 20 [10 ECTS credits]
Level:7
Terms in which taught: Spring term module
Pre-requisites:
Non-modular pre-requisites:
Co-requisites:
Modules excluded:
Current from: 2023/4

Module Convenor: Mr Brano Glumac
Email: b.glumac@henley.reading.ac.uk

Type of module:

Summary module description:

This?module explores both practical and strategic aspects of real estate management for commercial property,?focussing on asset and property management. It is considered from the perspective?of both?investors and occupiers, including corporates (who may be tenants or owners/occupiers). Underpinning the module is the application of key management and business concepts to real estate advice and management. 

Aims:

The module aims to provide the student with an understanding of the role, responsibilities and skills required of the real estate?asset?manager and a critical appreciation of the diversity and development of management functions.?

Assessable learning outcomes:

Upon completion of this module, students should be able to: 

• Identify and evaluate the main activities and responsibilities of real estate managers;? 


• Critically assess how real estate management can add value;? 


• Construct the relationship between asset management and organisational strategies;? 


• Examine how asset management performance can be measured;? 


• Appraise how emerging trends and new issues affect real estate managers in different sectors and specialisms, and from different perspectives.

Additional outcomes:

The module also aims to develop written communication,?problem?solving?skills?and business awareness.? 

Outline content:

The module spans strategic asset management for investors and corporate occupiers. Specific areas studied will vary but may include;?? 

• Active asset management;? 


• Landlord and tenant relations;? 


• Property management delivery;? 


• Corporate Real Estate structures;? 


• Performance measurement;? 


• Corporate Real Estate alignment to corporate strategy;? 


• Environmental issues.? 

Global context:

The issues covered have international significance. 

Brief description of teaching and learning methods:

The module will comprise lectures, and seminars. The exam will act as a consolidating and integrating vehicle for the taught material. 

Contact hours:

	Autumn	Spring	Summer
Lectures		34
Seminars		6
Guided independent study:
Wider reading (independent)		120
Exam revision/preparation			40
Total hours by term	0	160	40
Total hours for module	200

Summative Assessment Methods:

Method	Percentage
Written exam	50
Written assignment including essay	50

Summative assessment- Examinations:

Two hour written examination (50%)

Summative assessment- Coursework and in-class tests:

One assignment with a word count of 2,500 words.

Assignment Submission Deadline: Week 26

Formative assessment methods:

Convenor comments and feedback during seminars.

Penalties for late submission:

The below information applies to students on taught programmes except those on Postgraduate Flexible programmes. Penalties for late submission, and the associated procedures, which apply to Postgraduate Flexible programmes are specified in the policy “Penalties for late submission for Postgraduate Flexible programmes”, which can be found here: https://www.reading.ac.uk/cqsd/-/media/project/functions/cqsd/documents/cqsd-old-site-documents/penaltiesforlatesubmissionpgflexible.pdf
The Support Centres will apply the following penalties for work submitted late:

• where the piece of work is submitted after the original deadline (or any formally agreed extension to the deadline): 10% of the total marks available for that piece of work will be deducted from the mark for each working day (or part thereof) following the deadline up to a total of five working days;
• where the piece of work is submitted more than five working days after the original deadline (or any formally agreed extension to the deadline): a mark of zero will be recorded.

The University policy statement on penalties for late submission can be found at: https://www.reading.ac.uk/cqsd/-/media/project/functions/cqsd/documents/cqsd-old-site-documents/penaltiesforlatesubmission.pdf
You are strongly advised to ensure that coursework is submitted by the relevant deadline. You should note that it is advisable to submit work in an unfinished state rather than to fail to submit any work.

Assessment requirements for a pass:
The pass-mark for this module is 50%.

Reassessment arrangements:
Reassessment will be by the same method as for the module's original assessment requirements, subject to variation by the examination board where appropriate.

Additional Costs (specified where applicable):

Last updated: 30 March 2023