Course Title: Securitised Property

Part A: Course Overview

Course Title: Securitised Property

Credit Points: 12

Terms

Course Code

Campus

Career

School

Learning Mode

Teaching Period(s)

OMGT2252

City Campus

Undergraduate

325H Property, Construction & Project Management

Face-to-Face

Sem 2 2013,
Sem 2 2014,
Sem 2 2015,
Sem 2 2016,
Sem 2 2017,
Sem 2 2018,
Sem 2 2019

Course Coordinator: Wejen Reddy

Course Coordinator Phone: +61 3 9925 1740

Course Coordinator Email: wejen.reddy@rmit.edu.au

Course Coordinator Location: 8.8.58

Course Coordinator Availability: by appointment


Pre-requisite Courses and Assumed Knowledge and Capabilities

From 1 January

Enforced Prerequisites: BUIL1228 Property and Capital Markets, OMGT1117 Property Data Analysis, MKTG1319 Investment Concepts and Applications to Property and  OMGT1156 Property Asset Management.

Prior to 2016

You should have satisfactorily completed BUIL 1228 Property and Capital Markets, OMGT 1117 Property Data Analysis, MKTG 1319 Investment Concepts and Applications to Property and OMGT 1156 Property Asset Management courses before you commence in this course.

OR

Alternatively you may be able to demonstrate the required skills and knowledge before you start this course.  Contact your course coordinator if you think you may be eligible for recognition of prior learning.  Further information: http://www.rmit.edu.au/browse;ID=x94or0ccuu7k


Course Description

In the expanding and developing global property market, knowledge of real estate investment and finance strategies is critical to effective professional practice. In this capstone course will apply your knowledge of global trends in real estate investment and build your capacity to analyse different property market structures and performance measurements.

This course integrates the investment and finance skills and knowledge you have developed so far in this program to enable you to adopt a capital market approach to global property investment.

You will build on, and apply, the specialised knowledge and skills you have developed in the areas of investment and finance. You will also apply your knowledge of Real Estate Investment Trusts (REITs) and develop your understanding of securitised property and investment funds.

Topics covered include: fund management structures; performance measurements; capital management; foreign exchange management; and reporting requirements.


Objectives/Learning Outcomes/Capability Development

Program Learning Outcomes (PLOs)

In this course you will develop the following program learning outcomes:

1 Determine and apply knowledge of complex property and valuation theory to your professional practice and/or further study
2 Professionally communicate to a range of audiences, demonstrating in depth knowledge of the discipline and of the needs of diverse property and valuation stakeholders
3 Apply logical, critical and creative thinking to analyse, synthesise and apply theoretical knowledge, and technical skills, to formulate evidenced based solutions to industry problems or issues
4 Utilise appropriate methods and techniques to design and /or execute research based or professionally focused property or valuation projects, demonstrating capacity for independent and collaborative learning, addressing real world industry issues
5 Collaborate effectively with others and demonstrate intellectual independence and autonomy to solve problems and/or address industry issues and imperatives


Course Learning Outcomes (CLOs)

Upon successful completion of this course you will be able to:

  1. Analyse the key features and characteristics of securitised property, both local and global
  2. Analyse and apply property investment principles and strategies to assess the performance of securitised property funds
  3. Analyse and discuss the role of global property investment in an investment portfolio strategy
  4. Research and prepare an evidenced based investment strategy applicable to local and international securitised property funds


Overview of Learning Activities

Learning in this course will comprise lectures and workshops. Your learning in this course will be supported through a range of learning activities including industry presentations, case study analysis and investment and finance problem solving exercises.


Overview of Learning Resources

RMIT will provide you with resources and tools for learning in this course through our online systems.
A compiled list of reading materials is provided for this course. Learning resources will also include market data and investment case studies.


Overview of Assessment

You will be assessed on how well you meet the course’s learning outcomes and on your development against the program learning outcomes. Assessment consists of: 

Task 1: Individual Assignment: Requires students to prepare an individual property investment report selected from nominated A-REIT fund. 15% weighting. CLO1, CLO2, CLO3, CLO4.

Task 2: In-class Test: Reflect on knowledge and skill development during weeks 1-9. 35% weighting. CLO1, CLO2, CLO3, CLO4.

Task 3: Group Assignment: Requires students to prepare a group report on a proposed unlisted property trust and including the property portfolio. The unlisted property trust is to be formed from the details of the individual properties selected by the group in assignment Task 1. 30% weighting. CLO1, CLO2, CLO3, CLO4.

Task 4: Group Presentation: Requires students to prepare a presentation on a new unlisted property trust made up as part of assignment Task 2. 20% weighting. CLO1, CLO2, CLO3, CLO4.

Feedback will be given on all assessment tasks.

Equitable Learning Services

Equitable Learning Services (ELS) provide support and equal opportunities for students with a disability, long-term illness and/or mental health condition and primary carers of individuals with a disability. You can contact the ELS if you would like to find out more: https://www.rmit.edu.au/students/support-and-facilities/student-support/equitable-learning-services. You can also contact the course coordinator or the program coordinator if you would like to find out more.

An assessment charter (http://mams.rmit.edu.au/kh6a3ly2wi2h1.pdf) summarises your responsibilities as an RMIT student as well as those of your teaching staff.

Your course assessment conforms to RMIT assessment principles, regulations, policies and procedures which are described and referenced in a single document: http://www.rmit.edu.au/browse;ID=ln1kd66y87rc.