Study Guide

Objectives (course unit)

Students know the operating environment of the real estate business, its actors and service provision.
Students know the basic concepts of real estate management as well as the social and economic factors affecting the real estate industry.
Students are able to identify customer needs and act in customer and strategy-driven real estate development.
Students know the decision-making process of real estate investment and the special features of the real estate market, as well as identify the risks of investing, the principles of real estate valuation and portfolio.

Content (course unit)

The course introduces students to real estate and business economics and their role in construction and property management. Topics covered include e.g. the importance of business premises for business operations, real estate strategy, real estate business plan, real estate investment, real estate customer and rental process and lease management.

Assessment criteria, satisfactory (1-2) (course unit)

The student knows the operating environment of the real estate business and understands the project development process and its key tasks, parties and actors.

Assessment criteria, good (3-4) (course unit)

The student knows the operating environment of the real estate business and understands the project development process and its key tasks, parties and actors. The student is able to draw up a business plan based on a real estate strategy. The student masters the principles of valuation and portfolio.

Assessment criteria, excellent (5) (course unit)

The student is able to critically analyze the financial profitability of a real estate development project and the risks associated with it. The student is able to identify customer needs and act in customer and strategy-oriented real estate development.

Assessment scale

0-5