GY458 Real Property Market Practice

This half unit course examines the practice of real property market professionals and their role as market intermediaries in order to help understand how that practice influences market outcomes. It also shows what data is necessary for real estate analysis and examines appropriate quantitative analytical techniques. This course is run on a seminar basis and includes leading professionals from real estate research and practice.

Course outline

The Real Property Market Practice Course comprises seminars from guest lecturers who are leading professionals from real estate research and practice. Previous guest speakers include:

• Ian Cullen -Managing Director, Investment Property Databank Ltd
• Bryan MacGregor - Professor of Land Economy & Deputy Principle, University of Aberdeen
• Yvonne Court - Head of Research, Healey & Baker
• J-P Raynal FRICS, CEO, Proudreed, Paris
• Richard Barras - Managing Director, Property Market Analysis Ltd
• Rosemary Carthy - Editor, Property Market Report, Valuations Office/Inland Revenue
• Rosemary Feenan - Head of Research, Jones Lang LaSalle
• Paul McNamara - Head of Property Market Research, Prudential Portfolio Managers
• Mark Schweitzer - Managing Director, Global Property Research, Amsterdam
• Colin Lizieri - Professor of Real Estate Finance, University of Reading
• Sue Foxley, Jones Lang LaSalle
• Robin Goodchild, LaSalle Investment Management
• Richard Barkham - UK Research Director Grosvenor Estates

Assessment

The course is assessed on the basis of a 3000 word essay tackling a research problem on a specific issue (eg 'The market for food outlets') which will require the student to investigate data sources, suggest techniques of data analysis and provide conclusions.