REMB41-Real Estate Asset Management

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: 2023/4

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

Type of module:

Summary module description:

This is an optional module that 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 corporate 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 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 real estate managers;


• Critically assess how real estate management can add value;


• Construct the relationships between asset management and organisational strategies;


• Examine how asset management performance can be measured; 


• Appraise howemerging 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 examines strategic asset management for 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;

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.? 

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 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: 2 May 2023