SSUD71-216: Corporate Property and Asset Management

Description

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.

Subject details

Type: Postgraduate Subject
Code: SSUD71-216
EFTSL: 0.125
Faculty: Faculty of Society and Design
Semesters offered:
  • January 2022 [Standard Offering]
  • January 2023 [Non-Standard Offering]
Credit: 10
Subject fees:
  • Commencing in 2021: $5,250.00
  • Commencing in 2022: $5,310.00
  • Commencing in 2023: $5,450.00
  • Commencing in 2021: $5,710.00
  • Commencing in 2022: $5,710.00
  • Commencing in 2023: $5,860.00

Learning objectives

1. Explain the financial implications of real estate within a business organisation. 2. Delineate the unique characteristics of real estate as an asset class and its implications for property asset management. 3. Develop real estate strategies (including budgeting) that support corporate goals. 4. Evaluate different modes of property ownership and asset management techniques for value maintenance. 5. Assess and identify the spatial needs of employees within a contemporary business organisation. 6. Identify the components of service quality and measure customer satisfaction level. 7. Develop strategies to manage corporate real estate performance risk. 8. Appreciate the challenges of implementing changes and devise methods to overcome them.

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 students’ lack of prior knowledge.

Restrictions:

Subject outlines

Subject dates

  • Standard Offering
    Enrolment opens: 14/11/2021
    Semester start: 17/01/2022
    Subject start: 17/01/2022
    Cancellation 1: 31/01/2022
    Cancellation 2: 07/02/2022
    Last enrolment: 30/01/2022
    Withdraw - Financial: 12/02/2022
    Withdraw - Academic: 05/03/2022
    Teaching census: 11/02/2022
  • Non-Standard Offering
    Enrolment opens: 13/11/2022
    Semester start: 23/01/2023
    Subject start: 23/01/2023
    Cancellation 1: 06/02/2023
    Cancellation 2: 10/02/2023
    Last enrolment: 04/02/2023
    Withdraw - Financial: 20/02/2023
    Withdraw - Academic: 09/03/2023
    Teaching census: 19/02/2023
Standard Offering
Enrolment opens: 14/11/2021
Semester start: 17/01/2022
Subject start: 17/01/2022
Cancellation 1: 31/01/2022
Cancellation 2: 07/02/2022
Last enrolment: 30/01/2022
Withdraw - Financial: 12/02/2022
Withdraw - Academic: 05/03/2022
Teaching census: 11/02/2022