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MMP731 - Management of Real Estate

Year:

2021 unit information

Important Update:

Unit delivery will continue to be provided in line with the most current COVIDSafe health guidelines. This may include a mix of on-campus and online activities. To find out how you are impacted, please check your unit sites for announcements and updates. Unit sites open one week prior to the start of each Trimester/Semester.

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Last updated: 4 June 2021

Enrolment modes:Trimester 2: Online
Credit point(s):1
EFTSL value:0.125
Previously coded as:SRP731
Unit Chair:Trimester 2: Christopher Ratcliffe
Prerequisite:

Nil

Corequisite:Nil
Incompatible with:

Nil

Typical study commitment:

Students will on average spend 150 hours over the teaching period undertaking the teaching, learning and assessment activities for this unit.

Scheduled learning activities - cloud:

Online independent and collaborative learning activities including 3 scheduled online seminars

Content

The aim of this unit is to give an understanding about the management of property in the context of the international real estate market. The unit discusses related aspects of property management including asset management and corporate real estate (CRE) with reference to life-cycle costs, value to the business plans of an organisation, and functionality/fitness for purpose.

On completion of the unit students should be able to:

- Explain the framework relating specifically to property management

- Explain and outline property management principles

- Evaluate the importance of ethical behaviour by property professionals

- Undertake an appreciation of the role of industry bodies in the property management

- Evaluate different situations that may arise in the letting of property

- Explain the operation of the leasing process.

ULO These are the Learning Outcomes (ULO) for this unit. At the completion of this unit, successful students can: Deakin Graduate Learning Outcomes
ULO1

Compare and contrast the rules, regulations and legislation as it applies to the property management profession.

GLO1: Discipline-specific knowledge and capabilities

ULO2

Analyse the impact of property management activities on the investment objectives of clients in relation to the letting, management and termination of property leases.

GLO5: Problem solving

ULO3

Critically analyse the ethical and professional behaviour of property managers when considering the competing demands of different stakeholders to propose viable solutions.

GLO8: Global citizenship

These Unit Learning Outcomes are applicable for all teaching periods throughout the year

Assessment

Assessment Description Student output Grading and weighting
(% total mark for unit)
Indicative due week 

Assessment 1: Critical review (Individual)

Part A: Interview (10 marks)

Part B: Reflective summary essay (15 marks)

 

2500 words

25% Week 5
Assessment 2: Report (Individual)

2500 words 25% Week 10
Examination 2 hours 50% Exam period

The assessment due weeks provided may change. The Unit Chair will clarify the exact assessment requirements, including the due date, at the start of the teaching period.

Hurdle requirement

Hurdle requirement: achieve at least 50% of the available marks in the examination

Learning Resource

The texts and reading list for the unit can be found on the University Library via the link below: MMP731 Note: Select the relevant trimester reading list. Please note that a future teaching period's reading list may not be available until a month prior to the start of that teaching period so you may wish to use the relevant trimester's prior year reading list as a guide only.

Unit Fee Information

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