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Introduction to Facility & Real Estate Management

Niveau

Introduction

Learning outcomes of the courses/module

The participants:
• describe the central tasks, objectives and sub-areas of facility and real estate management.
• explain the life cycle of buildings and facilities as well as the interrelationships between planning, operation and disposal.
• distinguish and explain the roles of relevant stakeholders (owners, operators, users, service providers) and their interests.
• analyze simple practical examples from economic, technical and sustainability-related perspectives.
• reflect on the significance of facility & real estate management for society, the environment and the economy in an international context.

Prerequisites for the course

none

Course content

- Fundamentals, terminology and objectives of facility and real estate management
- Life cycle of buildings and facilities: planning, construction, operation, disposal
- Main areas of activity: technical, infrastructural and commercial facility management
- Stakeholders, roles and responsibilities in real estate operations
- Basic key figures for space, cost, energy and sustainability
- Case studies on assessing efficiency and performance
- Sustainability & ESG in building management

Recommended specialist literature

- Alexander, K., Atkin, B., Bröchner, J., & Haugen, T. I. (Eds). (2016). Facilities management: Innovation and performance ([New edition]). Routledge.
- Glatte, T. (2021). Corporate Real Estate Management. Springer Fachmedien Wiesbaden. https://doi.org/10.1007/978-3-658-32222-9
- Reichardt, A. (2016). Sustainability in Commercial Real Estate Markets (Softcover reprint of the original 1st edition 2016). Springer Fachmedien Wiesbaden GmbH Springer Gabler.
- Rondeau, E., & Hellerforth, M. (Eds). (2024). Facilities management, concept - realization - vision: A global perspective. John Wiley & Sons, Inc. https://doi.org/10.1002/9781394213313
- Roper, K., & Payant, R. (2022). The Facility Management Handbook. Amacom.
- Whitman, K. & Institute of Real Estate Management (Eds). (2023). Principles of real estate management (Eighteenth edition). Institute of Real Estate Management.

Assessment methods and criteria

Portfolio assessment

Language

English

Number of ECTS credits awarded

5

Semester hours per week

Planned teaching and learning method

Lectures, discussions, case studies, group work

Semester/trimester in which the course/module is offered

1

Type of course/module

Type of course