MGT8070 Property Development (FOBUS)

Semester 1 (ONC)Springfld (WEB)Toowoomba (EXT)Toowoomba

Units 1.0 (Project Management) Band 3A

Students are required to have access to a personal computer, e-mail capabilities and Internet access to USQConnect. Current details of computer requirements can be found at <http://www.usq.edu.au/business/student/computerreq.htm>.

Synopsis

The course examines the following: (1) an introduction to the concept of property development, (2) land use, the multiple layers of government and their implications for property development, (3) the range of market sectors involved in property development, (4) the wide range of key stakeholders involved in property development, (5) property development models and processes, (6) selection of suitable sites and conceptualisation of the project outcomes, (7) the financial and economic aspects of property development, (8) organisational structures suitable for acquisition of real property assets and property development, (9) principles of property construction processes and management, (10) acquisition, marketing and sale of real property assets, and (11) guidelines for sustainable property development. The course is structured to provide a broad overview of the processes associated with property development, and is not designed to provide a high level of financial and/or construction skills. The course does not require any prior study of property, but does require students to develop basic spreadsheet skills in carrying out simple financial cash flow analyses.