Our new brand
Menu

Introduction to Real Estate & Facility Management

Niveau

Introductory

Learning outcomes of the courses/module

The participants:
• explain and distinguish between the basic terms, areas of responsibility, and actors of real estate and facility management.
• analyze the life cycle phases of real estate with regard to technical, economic, and organizational aspects.
• identify and evaluate key processes in real estate operations, in particular maintenance, property management, and services.
• explain the relationships between user requirements, building management, and cost-effectiveness.
• reflect on the role of the facility manager in the field of tension between owner, user, service provider, and sustainability.

Prerequisites for the course

none

Course content

- Fundamentals, terminology, and systematics of real estate and facility management
- The real estate life cycle (planning, use, maintenance, disposal)
- Structures and stakeholder landscape: owners, operators, users, service providers
- Areas of responsibility in facility management (technical, infrastructural, commercial)
- Interfaces between real estate management and facility management

Recommended specialist literature

- Brauer, K., et al. (2019). Grundlagen der Immobilienwirtschaft (10. Aufl.). Wiesbaden: Gabler Verlag.
- Gondring, H., & Wagner, T. (2018). Facility Management: Handbuch für Studium und Praxis (3., vollständig überarb. Aufl.). München: Vahlen.
- Krimmling, J. (2013). Facility Management: Strukturen und methodische Instrumente (4., aktualisierte Aufl.). Stuttgart: Fraunhofer IRB Verlag.
- Malloth, T., et al. (2013). Immobilienmanagement Österreich (5. Aufl.). Wien: ÖVI.
- Nävy, J., & Schröter, M. (2013). Facility Services – Die operative Ebene des Facility Managements. Berlin: Springer Vieweg.
- Wendlinger, P. (2018). Immobilienkennzahlen (2. Aufl.). Wien: Linde Verlag.

Assessment methods and criteria

Portfolio assessment

Language

German

Number of ECTS credits awarded

6

Semester hours per week

Planned teaching and learning method

Lectures, discussions, exercises, case studies, group work

Semester/trimester in which the course/module is offered

2

Type of course/module

Type of course