Stage 1: Real Estate Strategy.
You are required to prepare and submit this stage of the coursework individually.
Remit
You are required to select an organisation sector (a), (b), (c), (d) or (e) as undernoted:
Local authority/government e.g. City of Edinburgh Council or:
• Central/ national government e.g. Defence Estates, or:
• Charity and not-for-profit organisations e.g. Oxfam or:
• Private sector/corporate business sectors as specified in Financial Times:
Aerospace and Defence Automobiles and parts Banks
Beverages Chemicals Diversified industrials
Electricity Electronic and electrical equipment Engineering and machinery
Food and drug retailers Food producers and processors Forestry and papers
General retailers Health Household goods and textiles
Information technology hardware Leisure and hotels Mining
Oil and gas Personal care Software and computer services
Steel and other metals Transport Utilities
NB: you should not select real estate or construction sectors.
You individually, are required to submit a written report encompassing the following:
• Select a sector and organisation for analysis. For example: oil and gas/BP.
• Carry out a detailed analysis of your chosen organisation
including annual accounts, supplementary documentation and web site.
Aspects of capital and recurring costs, and capital values rental income
should be explored.
• Provide an overview of the significance of
real estate to the sector your chosen organisation is within. i.e (a),
(b), (c), (d).
• Identify what real estate strategy or model can
be applied to your organisation. Drawing from the strategy or model
adopted, provide a critical commentary on the likely benefits and
problems/dis-advantages in the implementation of such a model. You may
want to ask questions like: What property content does the organisation
have? Is property critical or a factor that can be
substituted/out-sourced.
This stage of the coursework is designed so that students will be provided with the required knowledge on a week by week basis.
Submission
• You should submit a duplex A4 report addressing points 1 to 4
above, amounting to no more than 2,500 words excluding relevant
appendices should be submitted in hand copy and via turnitin on Vision.
This portion of the work is worth 70% of the overall course mark.
References and Recommended Reading (stage 1)
Reference material for undertaking the assignment can be found in a variety of sources including:
Brett, M (1997) Property and Money Estates Gazette, London
Estates Gazette www.EGi.co.uk
User name “builtenv”
Password “hwattegi01”
FOCUS /SPN
http://www.focusnet.co.uk (Use Internet Explorer)
Access to Focus and SPN is by individual password. Email
info@scottishproperty.co.uk from your Heriot-Watt email account and you
will be sent a password for both databases.
Financial Times www.ft.com
DCLG
(2007) Making assets work: the Quirk Review of community management and
ownership HMSO
http://www.communities.gov.uk/publications/communities/makingassetswork
Edwards
V, Ellison, L (2004) Corporate Property Management : Aligning Real
Estate With Business Strategy Blackwell Science (available as e-book on
Vision)
Weatherhead, M (1997) Real Estate in Corporate Strategy Palgrave Macmillan.
RICS
(2002) Whose property is it anyway? RICS
http://www.rics.org/NR/rdonlyres/A0753DD7-9940-4A1B-8750-472541406C46/0/Whosepropertyisitanyway.pdf
RICS (2008) Public Sector Asset Management guidelines RICS http://www.publicsectorassetmanagement.com/
The Internet generally, and in particular, your company and other comparable organisation’s web-sites.
fill in the table accordingly
School of the Built Environment Course: D41AN Real Estate Management and Sustainability
Coursework: stage 1 report Course leader: Colin Elliot
Name:
Criteria A B C D E F
Describing the significance of real estate to your chosen sector
Identification and description of real estate strategy or model can be applied to your organisation.
critical commentary on the benefits and problems/dis-advantages in the implementation of chosen model.
Report structure and quality
Assessed by: Overall Assessment
date:
