Course syllabus

Fastighetsföretagande
Real Estate Business

VFTN60, 7,5 credits, A (Second Cycle)

Valid for: 2020/21
Decided by: PLED L
Date of Decision: 2020-03-27

General Information

Elective for: L4-fe, V5-bf
Language of instruction: The course will be given in English

Aim

The aim of the course is to expand and deepen the students' understanding of what constitutes real estate business in the modern society. The course provides knowledge and skills relevant to the multidimensional real estate business field, which inlcudes asset management, property management, facility management, and real estate development. Focus is on different financing and management models, from the perspective of a business. A central theme is corporate governance, including corporate real estate management (CREM), and corporate social responsiblity (CSR). The course also introduces futures studies, and gives insight into managing and financing innovation in real estate.

Learning outcomes

Knowledge and understanding
For a passing grade the student must

• Understand the special characteristics of real estate and understand how these characteristics affect financing and management of real estate
• Understand the multidimensional nature of real estate business
• Understand the role of real estate business in climate change and other societal challenges
• Be knowledgeable about tools and techniques for making real estate business more economically, socially, and environmentally sustainable

 

Competences and skills
For a passing grade the student must

• Be able to identify and compare different financing and management models in real estate business
• Be able to tentatively assess the sustainability and feasiblity of a corporate real estate project
• Be able to work in a group, self-reflect, and reflect on the work of others
• Be able to present their work in a structured manner, both in writing and orally

 

Judgement and approach
For a passing grade the student must

• Be able to evaluate the significance of long-term strategic management in real estate business
• Be able to discuss existing megatrends and how they affect the real estate business

 

Contents

The course addresses current issues within real estate business, focusing on different management and financing models. Special emphasis is placed on the societal impact of the field, as well as future developments.

The course is structured in 18 contact sessions, including lectures, exercises and a final seminar. The course hosts several guest lecturers from the field of real estate business. An essential component of the course is a group project to be presented at the final seminar. The group project includes self- and peer evaluation.

Examination details

Grading scale: TH - (U,3,4,5) - (Fail, Three, Four, Five)
Assessment: Lecture diaries (P/F) Peer and self evaluation (P/F) Group project (50% of grade) Exam (50% of grade)

The examiner, in consultation with Disability Support Services, may deviate from the regular form of examination in order to provide a permanently disabled student with a form of examination equivalent to that of a student without a disability.

Admission

Admission requirements:

• MIOA12 Managerial Economics, Basic Course or VFTF01 Economics
• VBEA10 The Construction Process or VFTF10 Real Property Formation

The number of participants is limited to: No
The course overlaps following course/s: VFTN40

Reading list

• Articles, reports and book chapters (TBA at first lecture).

Contact and other information

Course coordinator: Riikka Kyrö , riikka.kyro@lth.lu.se
Director of studies: Ingemar Bengtsson , ingemar.bengtsson@lth.lu.se
Course homepage: http://www.lantm.lth.se
Further information: The course will be given in English.