Credit Points 10

Legacy Code 201015

Coordinator Kamel Taoum Opens in new window

Description The subject focuses on the role and functions of corporate asset management as a strategic goal of a corporation. Students examine business structure and how corporate asset management fits into an organisation, and assess the operation of commercial property management and the various roles, duties, obligations and legal liabilities of a Commercial Property Manager. Various legislative and statutory provisions are explored, as well as the inter-relationship of commercial property management with the professional disciplines of asset management, investment management, portfolio management and other sectors of the property industry.

School Business

Discipline Real Estate

Student Contribution Band HECS Band 4 10cp

Check your fees via the Fees page.

Level Postgraduate Coursework Level 7 subject

Restrictions

Students must be enrolled in a postgraduate Business program.

Learning Outcomes

On successful completion of this subject, students should be able to:

1. Analyse corporate asset management and its role in strategic planning;
2. Analyse the functions and practices of the corporate asset management unit;
3. Apply methods of increasing shareholder value through astute corporate asset management practices;
4. Examine the various legislative provisions, legal obligations and professional liability issues affecting commercial property management;
5. Analyse the professional relationships and synergies which occur between commercial property management and property investment, property development, marketing, leasing, research, valuation, portfolio asset and facilities management teams.

Subject Content

1. Corporate asset management, functions and practices in strategic planning
2. Acquisition, disposal, funding, leasing, and valuing corporate real estate holdings
3. Performance indicators and methods of measurement of corporate asset management
4. Value management processes of the corporate asset management unit
5. Commercial property management process
6. Property law
7. Roles, duties and responsibilities of a commercial property manager
8. Managing agency agreements and agency proposals to prospective clients
9. Commercial leases, income considerations, tenant considerations
10. Budgeting, monitoring, life cycle costing, financial and investment analysis
11. Ecologically Sustainable Development (ESD) policies and Australian legislation, and the implications of ESD for commercial property management