Property Management

Section 1 Short Answers – 40 marks

⦁ Explain the concept of a Property Portfolio Hierarchy with a Diagram and highlight the 2 Property Management Functions. 8 marks

⦁ What are the 2 main types of Institutional Property Investment classes. Explain the difference.? 8 marks

⦁ Explain the concept of Leverage and when it can be advantage and a disadvantage. 8 marks

⦁ What are the 4 R’s of Property Asset Management? Are they stand alone concepts? 8 marks

⦁ Explain the 2 main constraints on multi-level development and how do they interact.? 8 marks

End of Section 1

Section 2 Long Answers – 35 marks

⦁ Explain the 3 different levels of Property Heritage and the 4th informal process. Which level contains the most onerous restrictions? 12 marks

⦁ Describe the expenses for running a building in 5 categories and which other expenses are non-recoverable and why? 12 marks

⦁ Explain the steps for Leasing a Commercial Suite from both a landlord and tenant perspective – 11 marks

End of Section 2

Section 3 Case Study – 25 marks

⦁ Review the Shopping Centre you studied in Assessment 2 and explain the techniques and tools that are unique to Retail Property Management as opposed to Commercial Property Management and give examples. 25 marks

Grading Criteria / Rubric

The exam will be marked according to the answers given and how they best answer the questions. Answers should match the marks for the questions and the whole paper should be no more than 2,500 words excluding Bibliography.

Grading Criteria / Rubric

The exam will be marked according to the answers given and how they best answer the questions. Answers should match the length of the questions and the whole paper should be no more than 2,500 words excluding Bibliography.

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