Course overview
This course is designed to explore the management of completed developments, which is required in order to sustain or enhance the value of the asset. All developments require asset management after completion; some developers hold their developments as investments, others sell them on to a range of investors. The course will examine asset management strategies designed to enhance value, mitigate the impacts of depreciation and obsolescence and provide a clean, safe, sustainable and attractive environment.
Course learning outcomes
- Define Property Management, Facilities Management, Property Asset Management and Corporate Real Estate Asset Management (CREAM) and the operations undertaken within each.
- Develop a variety of asset management marketing and letting strategies to support enhanced rental returns, minimize voids, enhance capital values and reduce risks.
- Develop customer focused relationships with tenants and assess their impact upon asset maximisation.
- Appreciate the importance of tenant mix and mall configuration in a retail context.
- Analyse end user requirements in the office sector, using contemporary issues in CREAM to provide insight into office design and configuration.
- Evaluate the use of appropriate software (including BIM) to support property asset management activities.