This is an applied course in property management. The course is intended to provide tools that are required to manage different types of properties. The theoretical knowledge in financial and technical management is applied in the project assignment where the students make a qualified analysis of an existing property.
More specifically, you be able to:
• Explain the concepts in property management
• Make financial analysis of different types of lease contracts
• Establish management plans
• Use different types of business and social analysis as a basis for investment decisions
• Use contract theoretical models as a basis for strategic decisions at company level
In addition to the above-mentioned knowledge goals, the students will be given access to current research in the field of property management.
The overall aim of the course is to provide knowledge of the methods and analyses required for the sustainable management of residential and various types of commercial properties. After completing the course, students should be able to describe, apply, and discuss different methods of property management at the asset and/or portfolio level, and analyse their economic and sustainability-related implications.
After successfully completing the course, the student shall be able to:
Knowledge and Understanding
- Describe, apply, and discuss various methods for property management at the asset and/or portfolio level.
- Describe, apply, and discuss contract theory models as a basis for strategic decisions in property management companies, and discuss how these models can be used to promote collaboration between different actors in the built environment sector.
Skills and Abilities
- Use different types of economic analyses as a basis for investment decisions and reflect on the consequences of these decisions in the context of property management.
- Discuss applications of sustainability principles in property management and their implications for financial control.
Evaluation ability and approach
- Reflect on the effects of digitalisation on management processes and discuss how digital tools and technologies can be used to support innovative solutions within the built environment.