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This core subject for the Bachelor of Design property major draws together economic, physical/environmental, financial and legal aspects relating to the management of the property asset from the perspective of a managing agent or major property portfolio manager who are responsible for the performance of investment properties during the 95% of their economic life between the completion of initial construction and eventual demolition.
- What is property management?;
- Stakeholders including: public and private perspectives, and owner/investor and occupier perspectives;
- Managing properties from various use classifications;
- Managing the physical asset: property inspections;
- Services – contract management;
- Planned programmed maintenance systems, etc.;
- Legal, environmental and market demands including lease conditions and management;
- Sustainability risk management;
- International comparisons.
Intended learning outcomes
Understand and apply the principles of managing the built environment to achieve design objectives.
On successful completion of this subject, students should be able to:
- Understand the social, legal, economic and environmental impacts of sustainable property asset management practice;
- Analyse sustainable asset management systems and practices across a range of property design types from a range of stakeholder perspectives to maintain and enhance value and utility for users and owners;
- Access, interpret and synthesise data relevant to current sustainable property design management issues;
Upon successful completion of this subject the student will have had the opportunity to develop the following generic skills:
- analytical skills
- communication skills
- problem solving skills
- critical thinking
Last updated: 2 December 2019