Choose an organisation of either private or corporate business sector.i have put all details and requirements in the paper requirements area.
Stage 1: Real Estate Strategy.
You are required to prepare and submit this stage of the coursework individually.
Remit
You are required to select an organisation sector (a), (b), (c), (d)
(a) Local authority/government e.g. City of Edinburgh Council.
(b) Central/ national government e.g. Defence Estates
(c) Charity and not-for-profit organisations e.g. Oxfam
(d) Private sector/corporate business sectors as specified in Financial Times:
Aerospace and Defence,Automobiles and parts, Banks
Beverages, Chemicals, Diversified industrials,
Electricity, Electronic and electrical equipment, Engineering and machinery, Food and drug retailers, Food producers and processors, Forestry and papers, General
retailers, Health ,Household goods and textiles, Information technology hardware ,Leisure and hotels, Mining, Oil and gas, Personal care, Software and computer
services, Steel and other metals, Transport, Utilities.
NB: you should not select real estate or construction sectors.
You individually, are required to submit a written report encompassing the following:
1. Select an organisation for analysis. For example: BP.
2. Carry out a detailed analysis of company accounts, supplementary documentation and web site. Aspects of capital and recurring costs, and capital values rental
income should be explored.
3. Provide an overview of the significance of real estate to the sector your chosen organisation is within. i.e (a), (b), (c), (d), or (e). If choosing (e) you should
analyse the sub-sector your organisation falls within. E.g. if you have chosen BP your sub sector analysis should be Oil and Gas.
4. Identify what real estate strategy or model can be applied to your organisation. Drawing from the strategy or model adopted, provide a critical commentary on the
likely benefits and problems/dis-advantages in the implementation of such a model. You may want to ask questions like: What property content does the organisation
have? Is property critical or a factor that can be substituted/out-sourced.
• This portion of the work is worth 70% of the overall course mark.
Stage 2: Real estate strategy incorporating sustainability.
Background .
Stage 1 required individual students to identify a real estate strategy or model for a single organisation. This process required a strategic analysis of property user
needs and the likely characteristics of an appropriate real estate portfolio.
Introduction
This stage of the coursework is designed to build on the real estate strategy principles developed in stage 1.
Financial and non-financial organisations alike are under some pressure from a number of directions to seek to become more sustainable, whether it be reducing
resources and waste, (incl. energy, water, materials) , limiting carbon usage (seeking carbon neutrality) and generally seeking to improve social, environmental and
economic sustainability. It is generally accepted that real estate and property occupation generally accounts for a considerable proportion of energy and resource
usage and organizations should therefore incorporate real estate in their Corporate Social Responsibility (CSR) strategies.
You will have adopted a number of organisations and identified applied several real estate models for the first stage of the course. You can either adopt your stage
one organisation and or select a new sector or company for this stage. You are now required to embrace the key sustainability issues forming the latter taught
components of the course.
Brief
You are required to develop a real estate management strategy incorporating sustainability for a single organisation. Ultimately you need to draft a strategy for your
chosen organization incorporating SMART objectives.to make their real estate more sustainable. The key areas that should be included in your analysis are:
1. Portfolio audit
What are the implications of incorporating sustainability into the real estate strategy. How might the organisation’s real estate portfolio be evaluated in terms of
sustainability? You need to consider overall space, property types and distribution.
2. Developing a sustainability strategy for the real estate portfolio
One of the key exercises is to evaluate what strategies are currently in place in terms of the organisation generally (likely to be expressed through CSR publications)
and real estate. Real estate is frequently omitted from CSR reporting but it is important to consider what real estate may be contributing to in terms of
sustainability reporting. For example, carbon emissions may be reported on an overall basis with no explicit linkage made to property the organisation occupy.
3. Tool creation/adoption
You need to establish a range of methods to be employed in the sustainability of the real estate portfolio is likely to need to be supported by the use of existing
tools, management systems such as sustainable foot-printing. You should identify the tools that can support sustainability improvement as well as deliver key
indicators.
4. Evaluation of barriers to implementation
You should provide an evaluation of the likely issues and problems of implementing change whether they be legal, financial, time, organisational or otherwise.
• This portion of the work is worth 30% of the overall course mark.
Overall Submission
• The submission encompassing stages 1 and 2 should comprise a typewritten A4 report approximately 2,500 words plus relevant appendices.
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