REMB40-Strategic Management of Corporate Real Estate

Module Provider: Real Estate and Planning
Number of credits: 20 [10 ECTS credits]
Level:7
Terms in which taught: Autumn term module
Pre-requisites:
Non-modular pre-requisites:
Co-requisites:
Modules excluded:
Current from: 2022/3

Module Convenor: Mr Howard Cooke
Email: howard.cooke@henley.reading.ac.uk

Type of module:

Summary module description:

This is an option module for those undertaking the part-time real estate MSc programmes. It explores both practical and strategic aspects of Coporate Real Estate for occupiers. It considers CRE management from the perspective of corporate occupiers and their relationship with landlord investors. The module places (CRE) management in the context of the business and its requirements because understanding the business is critical to the successful management of its real estate. 

Aims:

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

Assessable learning outcomes:

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

• Identify and evaluate the main activities and responsibilities of the CRE manager; 


• Summarise and assess the different stakeholder perspectives for CRE; 


• Critically assess how CRE relates to the corporate strategy; 


• Critique CRE performance management measures in the context of the business; 


• Appraise how emerging trends and issues affect CRE and the consequences for CRE Managers in different sectors;

Additional outcomes:

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

Outline content:

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

• Aspects of business strategy relevant to CRE management;? 


• Aligning?CRE portfolios with the needs of the organisations;? 


• The interface between landlord and tenant;?


• The workplace and its evolution together with new working practices;? 


• Case studies. 

Global context:

Both national and international examples are used in the course of lectures, though with a primary focus on the UK commercial real estate market.

Brief description of teaching and learning methods:

The module is delivered in a block release format that involves a four-day face-to-face teaching block with online post-teaching support. An assessed individual project is the consolidating and integrating vehicle for the taught material. 

Contact hours:

	Autumn	Spring	Summer
Lectures	20
Seminars	10
Guided independent study:
Wider reading (independent)	170
Total hours by term	200	0	0
Total hours for module	200

Summative Assessment Methods:

Method	Percentage
Written assignment including essay	100

Summative assessment- Examinations:

Summative assessment- Coursework and in-class tests:

One assignment with a word limit of 5,000 words. 

Assignment Submission Deadline: Week 27.

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 normal pass mark 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: 22 September 2022