REMF56-Real Estate Opportunities

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

Module Convenor: Prof Eamonn D'Arcy
Email: p.e.darcy@henley.reading.ac.uk

Type of module:

Summary module description:

Integration and application of core and specialised knowledge. Three distinct elements; European Field Trip; Industry Challenge; Real Estate Strategy Game. 

Aims:

The aim of this module is to integrate and apply both core and specialised knowledge obtained in the MSc Real Estate Programme and to demonstrate originality in the understanding and systematic application of this knowledge. 

Assessable learning outcomes:

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

• demonstrate a systematic understanding of the issues and problems that need to be resolved in order to manage a problem; 


• evaluate critically land and property issues in their wider economic, social, political and legal context; 


• deal with complex ‘real world’ property market issues both systematically and creatively and to make sound judgements in the absence of complete data; 


• evaluate and critique competing solutions; 


• formulate testable hypotheses; 


• demonstrate a comprehensive understanding of applicable techniques in the context of the problem set; 


• implement tasks at a professional level and generate a professional assessment; 


• collect and critically evaluate property market information; 


• demonstrate self-direction and originality in tackling and solving problems and act as part of a team in planning and implementing tasks. 

Additional outcomes:

• Enhance analytical and research skills; 


• Develop case study skills; 


• Develop report writing skills; 


• Develop negotiating skills; 


• Communicate conclusions to specialist and non-specialist audiences; 


• Enhance the qualities and transferable skills necessary for employment, in particular through group learning. 

Outline content:

The module has three distinct elements.  

• A six-day European field trip to a case study market including a structured programme of lectures, presentations and project visits in the case study city, a structured professional project brief and a professional presentation and reporting of findings.


• An industry challenge where teams of students are assigned a task by an industry partner. The assessed output involves both a professional presentation to the industry partner, and report. 


• A one week integrated group strategy game. 

Global context:

The vast majority of issues addressed in this module have global relevance. 

Brief description of teaching and learning methods:

Case study-based problems supported by appropriate introductory seminars and master classes. 

Summative assessment- Examinations:

Not applicable.

Summative assessment- Coursework and in-class tests:

The module will include 3 assignments. One minor group assignment involving the development of a short presentation and professional report based on the field trip case study (7,000 words; 40% of Module Credit - Week 6 Summer Term) one minor group assignment involving the development of a short presentation and professional report based on a challenge set by an assigned industry partner (7,000 words; 30% of Module Credit - Week 9 Summer Term) and one minor assignment in the form of a group integrated strategy game  with outputs of a short presentation and professional report (7,000 words; 30% of Module Credit - Week 8 Summer Term). All word counts are for guidance only. Unless the specific requirement of an individual assignment states that the word limit is strict, then there is some discretion with the guide length.

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: http://www.reading.ac.uk/internal/exams/student/exa-guidePG.aspx



 

Assessment requirements for a pass:

The pass mark for this module is 50%. 

Reassessment arrangements:

Reassessment will be as follows: Field Trip – Report-based project involving the construction of an investment case for a real estate asset in a market the candidate is familiar with. Industry Challenge – Report based on a real world industry set brief. Real Estate Game – Essay which explores the use of game theory for real estate investment strategy. These reassessments are subject to variation by the Examination Board where appropriate. 

Additional Costs (specified where applicable):

Travel, accommodation and subsistence - Subsistence on Field Trip £100 

Last updated: 30 March 2023