Master of Science in Real Estate including Professional Placement

Kingston University

This module examines the fundamental elements of the real estate market and the legal background against which the property market operates. It will examine the players in the market, supply and demand within the key sectors, investor and owner-occupier appetite and the effects of micro and macro-economic on the real estate market. It also examines the interaction of businesses or corporations and their need and use of buildings, the importance of the effective and efficient use of space, and how other elements such as image, design, and personnel work requirements can affect buildings. This module also provides you with a critical understanding and knowledge of the principles of administrative laws, legal methods, land law, the law of contract and obligations, and tortious liability applicable to real estate situations.

This module develops your understanding, knowledge and critical appraisal abilities over a wide range of valuation approaches and methods, and appraisal techniques commonly used in both UK and global valuation practice. There are two distinct teaching blocks with supporting tutorials and practice scenarios exercises covering essential valuation and appraisal skills, including an introduction to Information and Communication Technology to support valuation modelling. The module also develops a critical analysis of approaches to valuations and valuation instructions in the global environment.

This module provides you with a sound grounding in research principles and methodologies that are commonly applied within the built environment. You will develop an original research project related to your own real estate interests that integrates both theory and practice. It may take the form of a dissertation, a practice project, design, or experiment-based project.

This module is an essential ingredient in the study of land use, spatial planning and its associated decision-making processes for development to proceed in the UK. An appraisal of land tenure and land use development will allow a critical appraisal as to how historic, current and emerging planning and sustainability policies and principles shape placemaking. The emphasis will be on the planning laws applicable in England. Land, property and planning are closely linked so the module enables understanding of the development process from the developers' viewpoint to facilitate schemes effectively. A key range of inputs and outputs are investigated as part of development appraisal modelling.

In this module you will develop skills in carrying out property investment analysis gaining a critical understanding of discounted cash flow variables and performance measures including investment tactics. It introduces the analysis of risk within property and within a multi-asset portfolio and the utilisation of structured finance. You will also study indirect real estate vehicles and instruments, their origins and their current utilisation.