RE3REAM-Real Estate Asset Management

Module Provider: Real Estate and Planning
Number of credits: 20 [10 ECTS credits]
Level:6
Terms in which taught: Autumn / Spring term module
Pre-requisites: RE2PREP Projects in Real Estate and Planning (2)
Non-modular pre-requisites:
Co-requisites:
Modules excluded:
Current from: 2022/3

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. (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 the management functions.  

Assessable learning outcomes:

By the end of the module, it is expected that the student will 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 relationships between asset management and organisational strategies; 


• Examine the ways in which 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:

Contact hours:

	Autumn	Spring	Summer
Lectures	15	15
Seminars	3	3
External visits	2	2
Guided independent study:
Wider reading (independent)	60	60	40
Total hours by term	80	80	40
Total hours for module	200

Summative Assessment Methods:

Method	Percentage
Written exam	50
Written assignment including essay	50

Summative assessment- Examinations:

One two-hour exam paper to be taken at the time of final examinations.

Summative assessment- Coursework and in-class tests:

One written assignment of 2,500 words submitted in week 4 or 5 of Spring term (timetable weeks 23 or 24).

Formative assessment methods:

Convenor comments and feedback during seminars.  Feedback from coursework is formative for the exam.  

Penalties for late submission:

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:
A mark of at least 40% overall.

Reassessment arrangements:

Reassessment will be by a three-hour exam paper, subject to variation by the Examination Board where appropriate.

Additional Costs (specified where applicable):

Last updated: 22 September 2022