6880 (v.4) Real Estate Planning and Development 560
| Area: | School of Economics and Finance |
| Credits: | 25.0 |
| Contact Hours: | 3.0 |
| Seminar: | 1 x 3 Hours Weekly |
| Prerequisite(s): | 6879 (v.4) Income Property Analysis 550 or any previous version
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| Syllabus: | Demand determinants for space at a given price - from macro economic influences to the study of competing projects. Traditional and contemporary approaches to project analysis - from a simple static model to dynamic cash flow analysis. Mathematical programming applications. Testing assumption - sensitivity and scenario analyses. Sources of finance for short and long term purposes - relationship to ownership entity and income tax treatments. Case studies. Use of micro computers. |
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| Unit Outcomes: | On successful completion of this unit students will have- Understood the concept and processes of real estate development. Recognised the major participants in real estate development - their roles, motivations and relationships to one another. Knowledge of how to assess the financial viability of a development project, both in theory and through spreadsheet analysis. Become familiar with the financing considerations involved in financing real estate developments. |
| Text and references listed above are for your information only and current as of September 30, 2003. Please check with the unit coordinator for up-to-date information. |
| Unit References: | Brueggeman, W.B. and Fisher, J.D. (1997). Real Estate Finance and Investments. (tenth edition). Irwin, Cordells Building Cost Guide. Jaffe, A.J. and Sirmans, C.F. (1995). Fundamentals of Real Estate Development. (third edition). Sydney, Prentice Hall. Pehrr. (1989). Real Estate Investment Strategy Analysis Decisions. John Wiley and Sons. Reynolds, H.L. and Solomon, P.L. (1998). The Property Development Process: Western Australia. Victor Publishing. Robinson, J. (1989). Property Valuation and Investment Analysis: A Cash Flow Approach. The Law Book Company. Squirrell, M. (1997). Readings in Property Economics. The Australian Institute of Valuers and Land Economists. Whipple, R.T.M. (1995). Property Valuation and Analysis. The Law Book Company. Wurtzebach, C.H. and Miles, M. (1994). Modern Real Estate. (fifth edition). John Wiley and Sons. |
| Unit Texts: | No prescribed texts. |
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| Unit Assessment Breakdown: | Continuous Assessment 50%, Examination 50%. This is done by grade/mark assessment. |
| Year | Location | Period | Internal | Area External | Central External | | 2004 | Bentley Campus | Semester 2 | Y | | | |
Current as of: February 2, 2004
CRICOS provider code 00301J
