Course overview
This course aims to deepen students' understanding of property valuation methods and concepts, with a particular focus on commercial income-producing properties and specialised properties. Students will learn to apply valuation techniques, including discounted cash flow analysis, by using appropriate software. Through a work-integrated learning approach involving realistic, market-seeded simulation case studies and practice-based examples, students will develop the ability to analyse market data to support property valuations, apply valuation methods effectively in practice, and utilise these tools to assess the value of diverse commercial properties. By the end of course, students will possess the skills and knowledge required to proficiently undertake property valuations in real-world scenarios, supported by direct engagement with industry through practical assessment tasks.
- Fundamentals of Commercial Property Valuation
- Applying Commercial Property Valuation Concepts and Techniques
- Specialised Commercial Valuation Practice and Contemporary Issues
Course learning outcomes
- Apply valuation processes and concepts to commercial property
- Evaluate the specific characteristics of commercial, retail and industrial properties.
- Apply lease terms and structures to cash flow models.
- Select the appropriate valuation approach to a range of commercial property types.
- Apply national and international standards to property identification, measurement and valuation.
- Communicate property-related analysis and professional advice clearly and effectively, in both written and oral form, to team members, industry and non-specialist audiences.