Property Securitisation (ABPL90034)

Graduate courseworkPoints: 12.5On Campus (Parkville)

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Overview

Availability
Semester 1
FeesLook up fees

Topics covered include:

Commercial property as an investment asset class in Australia; Property joint ventures, partnerships, trusts, funds and companies; Listed and unlisted REITs; Valuation and pricing of listed and unlisted property securities; Equity and debt financing; Taxation of property investment vehicles, including stapled entities; Property funds management; Recent trends in property investment products.

Intended learning outcomes

On successful completion of this course, students should:





Assessment involves development of proficiency in written and oral presentation, research ability and related skills.

  • Understand the legal and financial structure of various property ownership entities and regulatory requirements applicable to each;
  • Have some knowledge of the tax implications of indirect property ownership;
  • Be able to apply appropriate methods to the pricing of listed and unlisted property securities;
  • Appreciate the various roles within the property funds management sector; and
  • Understand emerging issues in listed and unlisted property investments.

Generic skills

Students should have improved advanced generic skills as follows:

  • Skills and techniques available to the discipline;
  • Problems solving approaches;
  • Research methodologies;
  • Computer and information technologies;
  • Professional competences;
  • Oral, written and other presentation skills;
  • Participation in projects that require teamwork.

Last updated: 4 March 2025

Eligibility and requirements

Prerequisites

Admission into the 200pt Program course entry point in the MC-PROP Master of Property

OR

Code Name Teaching period Credit Points
ABPL90274 Property Markets and Valuations
Semester 1 (On Campus - Parkville)
 12.5

Corequisites

None

Non-allowed subjects

None

Inherent requirements (core participation requirements)

The University of Melbourne is committed to providing students with reasonable adjustments to assessment and participation under the Disability Standards for Education (2005), and the Assessment and Results Policy (MPF1326). Students are expected to meet the core participation requirements for their course. These can be viewed under Entry and Participation Requirements for the course outlines in the Handbook.

Further details on how to seek academic adjustments can be found on the Student Equity and Disability Support website: http://services.unimelb.edu.au/student-equity/home

Last updated: 4 March 2025

Assessment

DescriptionTimingPercentage

In class quiz, 500 words equivalent,

  • 500 words
Week 510%

Written assignment on unit pricing for listed and unlisted property funds

  • 1500 words
Week 930%

Oral presentation (individual) on business case for property fund

  • 10 minutes
Week 1220%

Class paper on Securitisation Portfolio

  • 2000 words
During the examination period40%

Last updated: 4 March 2025

Dates & times

  • Semester 1
    Principal coordinatorRaghu Dharmapuri Tirumala
    Mode of deliveryOn Campus (Parkville)
    Contact hours1 x 2 hour lecture and 1X1 hour tutorial per week
    Total time commitment170 hours
    Teaching period 3 March 2025 to 1 June 2025
    Last self-enrol date14 March 2025
    Census date31 March 2025
    Last date to withdraw without fail 9 May 2025
    Assessment period ends27 June 2025

    Semester 1 contact information

    Raghu Dharmapuri Tirumala (Principal Coordinator)

    dtvraghu@unimelb.edu.au

     

Time commitment details

170 Hours

What do these dates mean

Visit this webpage to find out about these key dates, including how they impact on:

  • Your tuition fees, academic transcript and statements.
  • And for Commonwealth Supported students, your:
       -  Student Learning Entitlement. This applies to all students enrolled in a Commonwealth Supported Place (CSP).
     

    Subjects withdrawn after the census date (including up to the ‘last day to withdraw without fail’) count toward the Student Learning Entitlement.

Last updated: 4 March 2025

Further information

  • Texts

    Prescribed texts

    Recommended texts and other resources

    Course materials and reader.

  • Subject notes

    The course includes presentations by working professionals and senior executives from the property funds management sector of the financial services industry.

  • Available through the Community Access Program

    About the Community Access Program (CAP)

    This subject is available through the Community Access Program (also called Single Subject Studies) which allows you to enrol in single subjects offered by the University of Melbourne, without the commitment required to complete a whole degree.

    Please note Single Subject Studies via Community Access Program is not available to student visa holders or applicants

    Entry requirements including prerequisites may apply. Please refer to the CAP applications page for further information.

  • Available to Study Abroad and/or Study Exchange Students

    This subject is available to students studying at the University from eligible overseas institutions on exchange and study abroad. Students are required to satisfy any listed requirements, such as pre- and co-requisites, for enrolment in the subject.

Last updated: 4 March 2025