Property Investment
Subject 702-667 (2008)
Note: This is an archived Handbook entry from 2008.Search for this in the current handbook
| Credit Points: | 12.500 | ||||||||||||
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| Level: | Graduate/Postgraduate | ||||||||||||
| Dates & Locations: | This subject has the following teaching availabilities in 2008: Semester 2, - Taught on campus.
Timetable can be viewed here. For information about these dates, click here. | ||||||||||||
| Time Commitment: | Contact Hours: Three hours of seminars and workshops per week Total Time Commitment: Not available | ||||||||||||
| Prerequisites: | 702-453 Property Valuation and Analysis or 702-418 Property Development or equivalent | ||||||||||||
| Corequisites: | None | ||||||||||||
| Recommended Background Knowledge: | None | ||||||||||||
| Non Allowed Subjects: | None | ||||||||||||
| Core Participation Requirements: |
For the purposes of considering request for Reasonable Adjustments under the Disability Standards for Education (Cwth 2005), and Student Support and Engagement Policy, academic requirements for this subject are articulated in the Subject Overview, Learning Outcomes, Assessment and Generic Skills sections of this entry. It is University policy to take all reasonable steps to minimise the impact of disability upon academic study, and reasonable adjustments will be made to enhance a student's participation in the University's programs. Students who feel their disability may impact on meeting the requirements of this subject are encouraged to discuss this matter with a Faculty Student Adviser and Student Equity and Disability Support: http://services.unimelb.edu.au/disability |
Coordinator
Professor Jon Robinson| Subject Overview: | Quantitative methods and financial analysis applied to real property. The place of real property in the investment and finance market. Valuation of cash flows. Investment decision techniques applied to property. Risk and return in real estate. Distributional characteristics of real estate returns. Diversification and the construction of real estate portfolios. Portfolio strategy and management. Asset pricing. Performance measurement. Environmentally and ecologically sustainable property investment. Risk analysis. |
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| Assessment: | Case study projects and assignments totalling 5000 words (100%) |
| Prescribed Texts: | None |
| Recommended Texts: | G.Brown and G.Matysiak Real Estate Investment: a Capital Market Approach Prentice Hall, Harlow 2000 |
| Breadth Options: | This subject is not available as a breadth subject. |
| Fees Information: | Subject EFTSL, Level, Discipline & Census Date |
| Generic Skills: | At the end of the subject, students should be able to: apply modern investment theory to the analysis of directly held property assets; obtain proficiency in financial analysis; analyse property investment risks; construct property investment portfolios; understand the environmentally sustainable development context. Students should have improved advanced generic skills as follows: skills and techniques available to the discipline; problem solving approaches; research methodologies; computer and information technologies; professional competencies; oral, written and other presentation skills; participation in projects that require teamwork. |
| Related Course(s): |
Master of Property Master of Property and Construction (by coursework) |
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