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This core subject for the Bachelor of Environments 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
When students have completed this subject they should be able to:
- Understand the character and role of property management systems and practices across a range of property types from a range of stakeholder perspectives;
- Be aware of the social, legal, economic and environmental impacts of property management practice;
- Access, interpret and communicate data relevant to current property management issues.
Upon successful completion of this subject students will have had the opportunity to develop the following generic skills:
- Analytical skills – an enquiring and analytical approach to the management of commercial property interests;
- Communication skills – an enhanced ability to communicate analysed interpretations of property management outcomes through written and oral presentations;
- Problem solving skills – an increased body of knowledge associated with resolution of contemporary issues and practices in property management; and
- Team working skills – an enhanced ability to generate and communicate a range of relevant property management practices and procedures at an academic and professional standard.
Last updated: 19 November 2019