MSc Real Estate Development

Students will work in groups, normally of around 4-6 people, on a specific client project brief.  The project brief will be written by tutors in conjunction with an external client organisation. Your task is to act in a consultant capacity and deliver a professional response to the issues raised in the associated project brief.  To help guide you through this process, you will be provided with support by the project tutors and external practitioners.
 

The course unit aims to:
• explore the role of real estate in supporting organisational objectives (for corporate, public or third sectors)
• build upon students’ accumulated knowledge and understanding of real estate to solve a ‘real-life’ problem; 
• develop high-level communication and information technology skills through preparing a major piece of professional work
 

This course unit adopts a problem-based learning approach, with students identifying the knowledge and skills required to respond to the project brief.  All students are expected to devote 150 hours in total to the work, including formal elements and independent study. The timetable is flexible as it allows individual/group work to take place whenever there are no other scheduled lectures or activities. However, there will be some scheduled sessions throughout the semester for an introductory lecture, group presentations and tutorial advice. 

Demonstrate understanding of the principle of strategic alignment of real estate with organisational objectives;
Demonstrate use of a range of tools and techniques to identify the needs of real estate users and alternative solutions 
Demonstrate understanding of the limitations posed by the relevant real estate market

Critically analyse and evaluate corporate real estate problems and devise appropriate solutions

Communicate effectively in a professional/client relationship and provide clear, practical advice to clients

Work effectively in a team, managing complex tasks and delivering to strict deadlines.
Demonstrate ability in report writing and presentational skills to a professional standard.

Interim presentation: (15 mins) 25%
Each group will give an oral presentation and submit the accompanying documentation
 

Final report and presentation: (20 mins and 7000 words) 75%
Each group will give an oral presentation and submit a final written report

Verbal feedback will be given to students at timetabled presentation sessions.
Detailed written or audio feedback will be provided on blackboard for each assessed piece of coursework and students will have an opportunity to discuss this feedback with tutors.

Haynes, B. and Nunnington, N. (2010). Corporate Real Estate Asset Management: Strategy and Implementation.  Abingdon: EG Books

Scarrett D. (2011). Property Asset Management (3rd Edition). Oxford: Routledge

Schiller, R. (2001). The Dynamics of Property Location. Abingdon: Taylor and Francis

West, M. (2012). Effective Teamwork (3rd Edition). Chichester: Wiley Blackwell

Seminars denotes Presentations (2 sessions)

Project Supervision denotes Assignment Surgeries (4 hours)