PROPERTY MANAGEMENT 1

SHE Level 2
SCQF Credit Points 20.00
ECTS Credit Points 10.00
Module Code M2N220796
Module Leader Malawi Ngwira
School School of Computing, Engineering and Built Environment
Subject Construction and Surveying
Trimester
  • A (September start)-B (January start)

Summary of Content

An introduction to the ownership of urban estates and their management.

Syllabus

Introduction to Urban Estate Management. Principles and processes of urban estate management. Evaluate different types of ownership of estates. Commercial markets in the UK and future trends. Comparison with other countries and with the wider investment market. Lease management including reimbursements and outgoings, repairs and maintenance, sinking funds, dilapidations, tenant mix, facilities provision, insurance, local taxation and VAT. Property management best practice guidance and professional practice support. Introduction to commercial property management computer systems.

Learning Outcomes

On successful completion of the module, students should be able to: Demonstrate an understanding of the principles and process of urban estate management.(A2PM A4 B5 C1 C3)Evaluate different types of estate ownership. (A3PM A4 B1 B6 C3)Describe the principles of lease management and management policy for commercial and residential estates. (A3PM A4 B5 B6 C1)Describe the features of lease management for private and public sector estates. (A2PM A3PM A4PM B1 B5 C2 C3 C6)Demonstrate an understanding of commercial markets and an ability to manage leases. (A2PM A3PM A4PM B1 B5 C2 C3 C6)

Teaching / Learning Strategy

Lectures will provide the basic theoretical concepts which are complemented by tutorials and group activities. Learning and teaching strategies will be developed and implemented, appropriate to students' needs, to enable all students to participate fully in the module

Indicative Reading

Bachner, John (1991) Guide to Practical Property Management, McGraw-Hill *Banfield Anthony (2005) Stapleton's Real Estate Management Practice; Estates Gazette Bannister, Edward (2008) Commercial Leases 2009 - A Su rveyor's Guide, RICS Books Edwards C & Krendel P (2007) Institutional Leases in the 21st Century, Estates Gazette Forrester P (2008) Case in point: Service Charges, 2nd edn, RICS Books Forrester P & Gibb C (2008) Resi dential and Commercial Service Charges, RICS Books Gerber K S (2013) Commercial Leases in Scotland: A Practitioner's Guide, W Green Martin P G (1983) Shopping Centre Management, Spon McAllister Angus (2013) Scottish Law of Leases; 4th edn; Bloomsbury Professional Philpott G & Hicks G (1994) Managing Business Tenants, Estates Gazette RICS (2007) Service Charges in Commercial Property, RICS Books Rodell, Anne (2015) Commercial Property:2015, College of Law Publishing Rooney A & Cridge J (2007) Business Tenancy Renewals - A Surveyors Handbook, RICS Books *Scarrett D (2010) Property Asset Management, 3rd revised edn, Taylor and Francis Ltd/Routledge Stapleton T (1994) Estate Management in Practice; Estates Gazette Young Michael (1992) Service Charges in Commercial Property; Estates Gazette http://www.bcsc.org.uk http://www.bpf.org.uk http://www.FT.com http://www.ipd.org.uk http://www.leasingbusinesspremises.co.uk/ http://www.servicechargecode.co.uk/ http://www.rics.org.uk * Essential Text/Recommended for Purchase

Transferrable Skills

Use of library and internet resources. (D7 D13 D14) Analysis (D1 D2 D3) Preparation and presentation of formal reports with variety of media (D1 D2 D3)

Module Structure

Activity Total Hours
Independent Learning (FT) 108.00
Lectures (FT) 24.00
Assessment (FT) 20.00
Seminars (FT) 24.00
Practicals (FT) 24.00

Assessment Methods

Component Duration Weighting Threshold Description
Coursework 1 n/a 30.00 35% Report (up to 2500 words)
Exam (Exams Office) 2.00 70.00 35% 4 questions from 8 - unseen paper