General Information
Corporate real estate is generally recognised as being the second biggest cost to organisations after staff. The effective management of such assets calls for a fundamental understanding of the operation of the property market and the operational needs of the business occupier. This subject adopts a strategic approach to the management of the corporate property asset and focuses on how such assets can be utilised to add value to the primary business activity of an organisation. To achieve this, the subject aims to provide a generic framework to assist with the analysis of a corporate real estate portfolio as practical aid for stakeholders in the management of this major asset. The program is structured around three themes: the analysis of the real estate asset and its value maximisation; the different roles property plays within an organisation, society and the economy and the importance of taking a strategic approach to the management of the real estate asset.
-
Details
Academic unit: Faculty of Society & Design Subject code: SSUD71-216 Subject title: Corporate Property and Asset Management Subject level: Postgraduate Semester/Year: January 2025 Credit points: 10.000 -
Delivery & attendance
Timetable: https://bond.edu.au/timetable Delivery mode: Intensive Workload items: - Workshop: x2 (Total hours: 12) - Workshop 1
- Workshop: x2 (Total hours: 12) - Workshop 2
- Workshop: x2 (Total hours: 12) - Workshop 3
- Personal Study Hours: x12 (Total hours: 84) - Recommended Study
Attendance and learning activities: Students are expected to attend and participate in all face to face learning opportunities and field trip is compulsory -
Resources
Prescribed resources: Others
- Cushman and Wakefield Insights. Australia Cushman and Wakefield Available at: https://www.cushmanwakefield.com/en/australia/insights
- McKinsey and Company Featured Insights. International McKinsey and Company Available at: https://www.mckinsey.com/featured-insights
iLearn@Bond & Email: iLearn@Bond is the Learning Management System at Bond University and is used to provide access to subject materials, class recordings and detailed subject information regarding the subject curriculum, assessment, and timing. Both iLearn and the Student Email facility are used to provide important subject notifications.
Additionally, official correspondence from the University will be forwarded to studentsโ Bond email account and must be monitored by the student.
To access these services, log on to the Student Portal from the Bond University website as www.bond.edu.au
Academic unit: | Faculty of Society & Design |
---|---|
Subject code: | SSUD71-216 |
Subject title: | Corporate Property and Asset Management |
Subject level: | Postgraduate |
Semester/Year: | January 2025 |
Credit points: | 10.000 |
Timetable: | https://bond.edu.au/timetable |
---|---|
Delivery mode: | Intensive |
Workload items: |
|
Attendance and learning activities: | Students are expected to attend and participate in all face to face learning opportunities and field trip is compulsory |
Prescribed resources: | Others
|
---|---|
iLearn@Bond & Email: | iLearn@Bond is the Learning Management System at Bond University and is used to provide access to subject materials, class recordings and detailed subject information regarding the subject curriculum, assessment, and timing. Both iLearn and the Student Email facility are used to provide important subject notifications. Additionally, official correspondence from the University will be forwarded to studentsโ Bond email account and must be monitored by the student. To access these services, log on to the Student Portal from the Bond University website as www.bond.edu.au |
Enrolment requirements
Requisites: |
Nil |
---|---|
Assumed knowledge: |
Assumed knowledge is the minimum level of knowledge of a subject area that students are assumed to have acquired through previous study. It is the responsibility of students to ensure they meet the assumed knowledge expectations of the subject. Students who do not possess this prior knowledge are strongly recommended against enrolling and do so at their own risk. No concessions will be made for studentsโ lack of prior knowledge.
|
Restrictions: |
Nil |
Assurance of learning
Assurance of Learning means that universities take responsibility for creating, monitoring and updating curriculum, teaching and assessment so that students graduate with the knowledge, skills and attributes they need for employability and/or further study.
At Bond University, we carefully develop subject and program outcomes to ensure that student learning in each subject contributes to the whole student experience. Students are encouraged to carefully read and consider subject and program outcomes as combined elements.
Program Learning Outcomes (PLOs)
Program Learning Outcomes provide a broad and measurable set of standards that incorporate a range of knowledge and skills that will be achieved on completion of the program. If you are undertaking this subject as part of a degree program, you should refer to the relevant degree program outcomes and graduate attributes as they relate to this subject.
Subject Learning Outcomes (SLOs)
On successful completion of this subject the learner will be able to:
- Explain the financial implications of real estate within a business organisation.
- Delineate the unique characteristics of real estate as an asset class and its implications for property asset management.
- Develop real estate strategies (including budgeting) that support corporate goals.
- Evaluate different modes of property ownership and asset management techniques for value maintenance.
- Assess and identify the spatial needs of employees within a contemporary business organisation.
- Identify the components of service quality and measure customer satisfaction level.
- Develop strategies to manage corporate real estate performance risk.
- Appreciate the challenges of implementing changes and devise methods to overcome them.
Generative Artificial Intelligence in Assessment
The University acknowledges that Generative Artificial Intelligence (Gen-AI) tools are an important facet of contemporary life. Their use in assessment is considered in line with studentsโ development of the skills and knowledge which demonstrate learning outcomes and underpin study and career success. Instructions on the use of Gen-AI are given for each assessment task; it is your responsibility to adhere to these instructions.
-
Assessment details
Type Task % Timing* Outcomes assessed Paper-based Examination (Closed) End of Semester Exam 30.00% Final Examination Period 1,2,3,4,5,6,7,8 Written Report Individual - Assignment 1 30.00% Week 5 1,2,3,4,5,6,7,8 Written Reportยง Group Assignment 2 40.00% Week 10 1,2,3,4,5,6,7,8 - ยง Indicates group/teamwork-based assessment
- * Assessment timing is indicative of the week that the assessment is due or begins (where conducted over multiple weeks), and is based on the standard University academic calendar
- C = Students must reach a level of competency to successfully complete this assessment.
-
Assessment criteria
Assessment criteria
High Distinction 85-100 Outstanding or exemplary performance in the following areas: interpretative ability; intellectual initiative in response to questions; mastery of the skills required by the subject, general levels of knowledge and analytic ability or clear thinking. Distinction 75-84 Usually awarded to students whose performance goes well beyond the minimum requirements set for tasks required in assessment, and who perform well in most of the above areas. Credit 65-74 Usually awarded to students whose performance is considered to go beyond the minimum requirements for work set for assessment. Assessable work is typically characterised by a strong performance in some of the capacities listed above. Pass 50-64 Usually awarded to students whose performance meets the requirements set for work provided for assessment. Fail 0-49 Usually awarded to students whose performance is not considered to meet the minimum requirements set for particular tasks. The fail grade may be a result of insufficient preparation, of inattention to assignment guidelines or lack of academic ability. A frequent cause of failure is lack of attention to subject or assignment guidelines. Quality assurance
For the purposes of quality assurance, Bond University conducts an evaluation process to measure and document student assessment as evidence of the extent to which program and subject learning outcomes are achieved. Some examples of student work will be retained for potential research and quality auditing purposes only. Any student work used will be treated confidentially and no student grades will be affected.
Type | Task | % | Timing* | Outcomes assessed |
---|---|---|---|---|
Paper-based Examination (Closed) | End of Semester Exam | 30.00% | Final Examination Period | 1,2,3,4,5,6,7,8 |
Written Report | Individual - Assignment 1 | 30.00% | Week 5 | 1,2,3,4,5,6,7,8 |
Written Reportยง | Group Assignment 2 | 40.00% | Week 10 | 1,2,3,4,5,6,7,8 |
- ยง Indicates group/teamwork-based assessment
- * Assessment timing is indicative of the week that the assessment is due or begins (where conducted over multiple weeks), and is based on the standard University academic calendar
- C = Students must reach a level of competency to successfully complete this assessment.
Assessment criteria
High Distinction | 85-100 | Outstanding or exemplary performance in the following areas: interpretative ability; intellectual initiative in response to questions; mastery of the skills required by the subject, general levels of knowledge and analytic ability or clear thinking. |
---|---|---|
Distinction | 75-84 | Usually awarded to students whose performance goes well beyond the minimum requirements set for tasks required in assessment, and who perform well in most of the above areas. |
Credit | 65-74 | Usually awarded to students whose performance is considered to go beyond the minimum requirements for work set for assessment. Assessable work is typically characterised by a strong performance in some of the capacities listed above. |
Pass | 50-64 | Usually awarded to students whose performance meets the requirements set for work provided for assessment. |
Fail | 0-49 | Usually awarded to students whose performance is not considered to meet the minimum requirements set for particular tasks. The fail grade may be a result of insufficient preparation, of inattention to assignment guidelines or lack of academic ability. A frequent cause of failure is lack of attention to subject or assignment guidelines. |
Quality assurance
For the purposes of quality assurance, Bond University conducts an evaluation process to measure and document student assessment as evidence of the extent to which program and subject learning outcomes are achieved. Some examples of student work will be retained for potential research and quality auditing purposes only. Any student work used will be treated confidentially and no student grades will be affected.
Study Information
Submission procedures
Students must check the iLearn@Bond subject site for detailed assessment information and submission procedures.
Policy on late submission and extensions
A student who has not established a basis for an extension in compliance with University and Faculty policy either by 1) not applying before the assessment due date or 2) by having an application rejected due to failure to show a justifiable cause for an extension, will receive a penalty on assessment submitted after its due date. The penalty will be 10% of marks awarded to that assessment for every day late, with the first day counted after the required submission time has passed. No assessment will be accepted for consideration seven calendar days after the due date. Where a student has been granted an extension, the late penalty starts from the new due date and time set out in the extension.
Academic Integrity
Bond Universityโs Student Code of Conduct Policy , Student Charter, Academic Integrity Policy and our Graduate Attributes guide expectations regarding student behaviour, their rights and responsibilities. Information on these topics can be found on our Academic Integrity webpage recognising that academic integrity involves demonstrating the principles of integrity (honesty, fairness, trust, professionalism, courage, responsibility, and respect) in words and actions across all aspects of academic endeavour.
Staff are required to report suspected misconduct. This includes all types of plagiarism, cheating, collusion, fabrication or falsification of data/content or other misconduct relating to assessment such as the falsification of medical certificates for assessment extensions. The longer term personal, social and financial consequences of misconduct can be severe, so please ask for help if you are unsure.
If your work is subject to an inquiry, you will be given an opportunity to respond and appropriate support will be provided. Academic work under inquiry will not be marked until the process has concluded. Penalties for misconduct include a warning, reduced grade, a requirement to repeat the assessment, suspension or expulsion from the University.
Feedback on assessment
Feedback on assessment will be provided to students according to the requirements of the Assessment Procedure Schedule A - Assessment Communication Procedure.
Whilst in most cases feedback should be provided within two weeks of the assessment submission due date, the Procedure should be checked if the assessment is linked to others or if the subject is a non-standard (e.g., intensive) subject.
Accessibility and Inclusion Support
Support is available to students where a physical, mental or neurological condition exists that would impact the studentโs capacity to complete studies, exams or assessment tasks. For effective support, special requirement needs should be arranged with the University in advance of or at the start of each semester, or, for acute conditions, as soon as practicable after the condition arises. Reasonable adjustments are not guaranteed where applications are submitted late in the semester (for example, when lodged just prior to critical assessment and examination dates).
As outlined in the Accessibility and Inclusion Policy, to qualify for support, students must meet certain criteria. Students are also required to meet with the Accessibility and Inclusion Advisor who will ensure that reasonable adjustments are afforded to qualifying students.
For more information and to apply online, visit BondAbility.
Additional subject information
There are no unusual out of pocket expenses associated with this subject. Comprehensive details of academic materials to support student learning will be provided at each contact session.
Subject curriculum
-
Understanding role and nature of Corporate Real Estate (CRE)
Appreciate the challenges of implementing changes and devise methods to overcome them.
SLOs included
- Explain the financial implications of real estate within a business organisation.
- Delineate the unique characteristics of real estate as an asset class and its implications for property asset management.
-
Corporate Strategy Development and CRE
Develop real estate strategies (including budgeting) that support corporate goals.
SLOs included
- Develop real estate strategies (including budgeting) that support corporate goals.
-
Developing Corporate Real Estate Strategy
Develop real estate strategies (including budgeting) that support corporate goals.
SLOs included
- Develop real estate strategies (including budgeting) that support corporate goals.
-
Strategic Portfolio Planning and Management
Evaluate different modes of property ownership and asset management techniques for value maintenance.
SLOs included
- Evaluate different modes of property ownership and asset management techniques for value maintenance.
-
Organisational and Portfolio Restructure
Explain the financial implications of real estate within a business organisation.
SLOs included
- Explain the financial implications of real estate within a business organisation.
- Develop strategies to manage corporate real estate performance risk.
-
Developing a customer focus
Identify the components of service quality and measure customer satisfaction level.
SLOs included
- Assess and identify the spatial needs of employees within a contemporary business organisation.
- Identify the components of service quality and measure customer satisfaction level.
-
Service quality and Measuring Customer Satisfaction
Assess and identify the spatial needs of employees within a contemporary business organisation.
SLOs included
- Delineate the unique characteristics of real estate as an asset class and its implications for property asset management.
- Assess and identify the spatial needs of employees within a contemporary business organisation.
-
Space Planning and Analysis; Contemporary Workplace Design
Assess and identify the spatial needs of employees within a contemporary business organisation.
SLOs included
- Develop real estate strategies (including budgeting) that support corporate goals.
- Develop strategies to manage corporate real estate performance risk.
-
Risk Planning and Mitigation
Develop strategies to manage corporate real estate performance risk.
SLOs included
- Identify the components of service quality and measure customer satisfaction level.
- Develop strategies to manage corporate real estate performance risk.
- Appreciate the challenges of implementing changes and devise methods to overcome them.
-
Off Campus Field Trip
Half day visit to a leading CRE management organisation to integrate a broad range of theoretical elements covered in the syllabus.
SLOs included
- Explain the financial implications of real estate within a business organisation.
- Delineate the unique characteristics of real estate as an asset class and its implications for property asset management.
- Develop real estate strategies (including budgeting) that support corporate goals.
- Evaluate different modes of property ownership and asset management techniques for value maintenance.
- Assess and identify the spatial needs of employees within a contemporary business organisation.
- Identify the components of service quality and measure customer satisfaction level.
- Develop strategies to manage corporate real estate performance risk.
- Appreciate the challenges of implementing changes and devise methods to overcome them.