Real Estate EconomyLaajuus (6 ECTS)

Objective

On completion of the course the student will have an overall understanding of the life cycle economy of real estate, as well as plans and calculation methods related to economic optimization. The student will be familiar with the various phases of the life cycle of a real estate.

Content

The profits and costs of real estate in different phases of the life cycle and factors affecting them, methods of orderliness and optimization, the most common calculation methods of profits and costs. Land use planning, real estate formation and the legislation governing construction and building management. The historical development of building management in Finland. The course will provide the students with a meaningful framework for the regulations, parties and historical background of real estate business.

Assessment criteria, satisfactory (1)

The student is able to apply the acquired knowledge and skills according to instructions.

Assessment criteria, good (3)

The student is able to apply the acquired knowledge and skills independently.

Assessment criteria, excellent (5)

The student is able to give reasons for his or her choices related to the content in a comprehensive manner.