REMF55-Sustainability and Real Estate

Module Provider: Real Estate and Planning
Number of credits: 20 [10 ECTS credits]
Level:7
Terms in which taught: Spring term module
Pre-requisites:
Non-modular pre-requisites:
Co-requisites:
Modules excluded:
Current from: 2020/1

Email: j.t.vandewetering@reading.ac.uk

Type of module:

Summary module description:

This module focuses on developing a conceptual understanding of sustainable development models and their applications in real estate markets. The focus is on the adoption of sustainability in the UK property industry throughout real estate life cycles, including how the concept is relevant to and manifests itself at various life cycle stages, i.e. development, design, construction, operation, refurbishment,ÌýretrofittingÌýand regeneration. The module also focuses on drivers and barriers for the adoption of sustainable development principles in the property industry,ÌýincludingÌýthe business case for sustainability.Ìý

Aims:

This module aims to provideÌýinsightsÌýinto the adoption of sustainable development principles in the property industry. Specifically, students willÌýdevelopÌýa systematic understanding and critical awareness of sustainable development concepts, policy actions, building energy and environmental assessment methods, building construction methods and important property sustainability debates and their relevance to a range of stakeholders in the built environment.Ìý

Assessable learning outcomes:

Upon completion of this module, students shouldÌýbe able to:Ìý

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  demonstrateÌýanÌýacademicÌýand practicalÌýunderstanding of relevant sustainable development concepts and literature and how these relate to the built environment;Ìý

  
  


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  demonstrate a critical awareness, knowledge, and understanding of a range of views fromÌýreal estate market stakeholders on the significance of sustainabl e developments in real estate practices;Ìý

  
  

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  explain and critique differentÌýmandatory and voluntary energy and environmental assessment methods for new and existing buildings in the built environment;Ìý

  
  


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  identifyÌýsignificantÌýdrivers that facilitate the implementation of sustainable development inÌýreal estate marketsÌýandÌýanalyseÌýtheir importance;  ;

  
  


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  demonstrateÌýa critical awareness, knowledge, and understanding of significant barriers and challenges related to the adoption of sustainability in real estate markets, includingÌýtheir relevance.Ìý

  
  

Additional outcomes:

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  deal with complex ‘real world’ issues relating to the impacts of sustainability concerns on the efficient use of property, both systematically and creatively;Ìý

  
  


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  develop essay writing and critical analysis skills through appropriate coursework, and communicate conclusions clearly to specialist and non-specialist audiences;ÌýÌý

  
  

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  contributeÌýto the qualities and transferable skills necessary for employment, in particular decision-making in complex and unpredictable situations.Ìý

  
  

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Outline content:

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  Introduction to Sustainable DevelopmentÌý

  
  


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  Global Sustainability GoalsÌý

  
  


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  Policy Frameworks and Legislative ImpactsÌý

  
  


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  Mandatory and Voluntary Energy and Environmental Building Assessment MethodsÌý(including balanced scorecards)Ìý

  
  


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  Sustainability Issues for New and Existing BuildingsÌýÌý

  < br />

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  Construction, ‘Green’ Buildings and SustainabilityÌý

  
  


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  Sustainable construction methods and commonly used design principles and materialsÌý

  
  


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  The Business Case for Sustainable BuildingsÌý

  
  


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  Environmental Social Governance (ESG), Corporate Social Responsibility (CSR) and Socially Responsible Property Investment (SRPI)Ìý

  
  


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  Sustainability and Property ValuationÌý

  
  

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  Sustainable Development and Property Risk FactorsÌý

  
  


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  Sustainability and CitiesÌý

  
  

Global context:

This module looks at the UK property industry, as well as applications of sustainable development adoption across globalÌýreal estate markets.Ìý

Brief description of teaching and learning methods:

The module comprises lectures and practitioner-led seminars. The overall objective of the assessment is to provide insights into sustainability practices in the real estate sector, benchmark sustainability performance and to capture appropriate examples of best practice. The coursework comprises a group presentation andÌýan individual written academic essay.Ìý

Summative assessment- Examinations:

Summative assessment- Coursework and in-class tests:

The outputs are:Ìý

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  One group presentation, which examines the importance of sustainability in a real estate context for a specific stakeholder (25%) - to be presented in spring term week 11 (timetable week 30)

  
  


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  One individualÌýwritten assignment, which examines the adoption of sustainable development in real estate markets. Guide length: 3,750 wordsÌý(75%) - to be submitted in summer term week 1 (timetable week 34)

  
  

Formative assessment methods:

Penalties for late submission:
Penalties for late submission on this module are in accordance with the University policy. Please refer to page 5 of the Postgraduate Guide to Assessment for further information: http://www.reading.ac.uk/internal/exams/student/exa-guidePG.aspx

Assessment requirements for a pass:

The pass-mark for this module is 50%.Ìý

Reassessment arrangements:

Reassessment will be by the same method as for the module’s original assessment requirements, subject to variation by the Examination Board where appropriate.

Additional Costs (specified where applicable):

Last updated: 9 September 2020