SSUD11-109: Property Asset Management

Property asset management covers a broad range of professionally oriented skillsets.  It encompasses more specific activities relating to the infrastructure, life cycle and occupancy of individual properties within a portfolio up to and including the more strategic analysis and decision making aspects of the portfolio manager and owner.  The effective management of such assets calls for a fundamental understanding of the operation of the property market, focussing on determining how such assets can be optimally utilised to add value to the primary business activity of an organisation and as part of due diligence during situations involving property transactions.  The subject examines the roles of the many stakeholders involved in a property asset portfolio. The interrelationship between property management, asset management, facilities management and corporate asset management underpin the subject. The varying interaction of technology and property provide the context for analysis of the social fabric of contemporary society and business and future opportunities for professional practice. Compliance with risk management and professional practice standards are core themes of this subject.