Course Title: Securitised Property

Part A: Course Overview

Course Title: Securitised Property

Credit Points: 12.00

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, Sem 2 2020, Sem 2 2021, Sem 2 2022, Sem 2 2023, Sem 2 2024

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: 044519 Property and Capital Markets, 011182 Property Data Analysis, 045743 Investment Concepts and Applications to Property and 015288 Property Asset Management. 

Note: it is a condition of enrolment at RMIT that you accept responsibility for ensuring that you have completed the prerequisite/s and agree to concurrently enrol in co-requisite courses before enrolling in a course. 

For your information go to RMIT Course Requisites webpage. 

Prior to 2016

You should have satisfactorily completed BUIL1228 Property and Capital Markets, OMGT1117 Property Data Analysis, MKTG1319 Investment Concepts and Applications to Property and MGT1156 Property Asset Management courses before you commence in this course. 

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. 

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.

If you are enrolled in this course as a component of your Bachelor Honours Program, your overall mark will contribute to the calculation of the weighted average mark (WAM). See the WAM information web page for more information.

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
6 Critically examine and reflect on the profession in local and/or global contexts, and question accepted interpretations and decision making 

Course Learning Outcomes (CLOs)

Upon successful completion of this course, you will be able to: 
CLO1: Analyse the key features and characteristics of securitised property, both local and global
CLO2: Analyse and apply property investment principles and strategies to assess the performance of securitised property funds
CLO3: Analyse and discuss the role of global property investment in an investment portfolio strategy
CLO4: Research and prepare an evidenced based investment strategy applicable to local and international securitised property funds
CLO5: Apply reflective writing and critical analysis of group contributions to enhance collaborative skills, understand group dynamics, and align these experiences with future professional requirements.

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 30% weighting. CLO1, CLO2, CLO3, CLO4, CLO5

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.

Your course assessment conforms to RMIT assessment principles, regulations, policies and procedure.