Estimation of building costs – principles and process; elements of a price; rough quantities and inclusive quantities (elemental and builders’ quantities) for estimating; estimating methods; pricing of various trades and preliminaries; analysis of building cost; building cost escalation; design cost management.
Principles of the contractual relationship between tenant and landlord for different types of properties, general clauses that should be included in leases and the legal consequences for parties involved.
The nature and scope of real estate investment, objectives of property developers, participants in the property investment process, the investment decision process, investment criteria, investment time horizons, decision making approaches
Marketing of professional services in the property industry. Marketing of large scale property developments. Marketing of specialized property services, i.e. shopping centre activities, hotels and hospitality properties, etc. Marketing of equity capital structures.
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