Course Information Undergraduate prospectus

Property Investment Markets

Course summary

Course code: LAND1036
Level: 6
Credits: 15
School: Architecture, Computing and Hums
Department: Built Environment
Course Coordinator(s): Mark Daley

Specification

Pre and co requisites

None.

Aims

This course is designed to further develop property valuation knowledge following courses at level 4 and 5.


To examine the financial and economic context in which property investment decisions are made at the national and international level.
Investigate the key features of the investment process.
To enable participants to understand and apply techniques for the valuation and investment risk analysis of property assets.
To illustrate methods of taking account of risk in property investment decisions.
To examine the relationship between property as an investment asset and other investment media in a national and international context.
The impact of sustainability on the pricing of property investment assets.

Learning outcomes

On completing this course successfully you will be able to:

Critically examine modern approaches to market valuation and the investment analysis of commercial property.
Perform complex valuations incorporating risk and growth scenarios.
Appreciate, investigate and critically appraise the nature of indirect forms of property investment and their relationship with direct forms of property investment.
Be able to identify and critically examine the features of emerging property markets and the potential risks to which investors may be exposed.

Indicative content

Finance leases, sale and leaseback, direct and indirect investment, sustainability and valuation, modern methods of investment valuation, investment risk, global and emerging markets.

Teaching and learning activity


This course combines a series of lectures and tutorials with group work to support the essay project. Practical workshops will support the valuation calculations. There will be an examination at the end of term III.

Learning Time (1 credit = 10 hours)

Scheduled contact hours:

Note: include in scheduled time: project supervision, demonstrations, practical classes and workshops, supervised time in studio or workshop, scheduled lab work , fieldwork, external visits, work-based learning where integrated into a structured academic programme.
lectures 12;
seminars 0;
supervised practical sessions 12;
tutorials 0;
formative assessment 12;
other scheduled time 0;
Guided independent study:

Note: include in guided independent study preparation for scheduled sessions, follow up work, wider reading or practice, revision.
Independent coursework 114;
Independent laboratory work 0;
other non-scheduled time 0;
Placements (including work placement and year abroad) 0;
Total hours (Should be equal to credit x 10) 150.

Assessment

Written assignmnents - 50% weighting, pass mark 40%. 1500 words.
Unseen written examination - 50% weighting, pass mark 40%.