Real Estate Project Development (M.Sc.)

• Admission requirements

  Admission requirement for the master's degree program in Facility and Real Estate Management is a qualified university bachelor’s degree in Facility Management, Real Estate, or in comparable degree programs with a normal program length of at least 3 years.

  With regard to the interdisciplinary nature of Facility and Real Estate Management, comparable degree programs include Architecture, Urban and Regional Planning, and Business Administration – provided that modules related to facility and/or real estate management were completed within the curriculum. The program committee decides whether a degree program is recognized as comparable.

• Program and Examination Regulations

  The basis for the degree program is the current examination and degree program regulations of Anhalt University of Applied Sciences.

  Program and Examination Regulations 2018

  
  (for enrollment from winter semester 2018/19)

  Examination and (degree) Program Regulations 2012

• Job & Career

  Graduates of Facility and Real Estate Management have a wide range of professional opportunities in a very large market. The demand for graduates is very high in small to medium-sized companies and corporations as well as in the public sector.

  Facility and real estate managers are employed in leadership roles in middle management. You can work in any industry: In the automotive industry, the mechanical engineering sector, the chemical industry, for the banking, airport and hotel industries, for hospitals, for educational institutions and for leisure facilities such as soccer arenas and water parks. Facility and real estate managers can also be employed by real estate companies such as project developers, investment companies, real estate financiers, real estate service providers and facility service companies.

  Graduates of the master's degree program are also qualified to pursue a doctorate in the field of facility and real estate management. 

• Studying Facility Management in Dessau

  The degree programs in Facility Management at Anhalt University of Applied Sciences are characterized by a combination of architecture, real estate management and life cycle management. Anhalt University of Applied Sciences offers the bachelor's degree program in Facility Management and the consecutive master's degree program in Facility and Real Estate Management as well as a certificate program in Facility Management as a career-integrated continuing education program.

  Image brochure of the degree programs in Facility Management (in German)

Modules in the 1st semester

• Dienstleistungs- und Flächenmanagement (A1)

  Lecturer:

  Prof. Jens Nävy

  ECTS credits:

  5

  Hours per week per semester:

  4

  Types of instruction:

  Lectures, practical courses, individual and group presentations, independent study

  Learning outcomes:

  Completing the module will enable students to:

  . explain facility management (FM) and identify and characterize the different interpretations and stakeholders

  . apply the FM model according to DIN EN 15221 and identify the performance levels FM and FS

  . identify and calculate the areas inside and outside a building

  . derive a space requirements program from user processes

  . analyze the facility service market and know the service companies involved

  . identify user needs and create a service level agreement.

  Contents:

  1: Facility management

     . Basics of facility management

     . Terms and classifications

     . Real estate lifecycle management

  2: Space management

     . Basics of space management

     . Normative framework/space definition

     . Life cycle orientation in space management

     . Functional areas in space management

     . Transparency in space management

     . Key figures in space management

  3: Service management

     . Fundamentals of service management

     . FM services companies

     . Process management

     . FM processes

     . Service level agreement

     . Procurement management

     . FM services/ types of contracts

     . Selected aspects of service management

  Course work:

  . Participation in lectures, practical courses, group and individual work

  . Assessed coursework (written examination/Klausur)

  Workload:

  5 credits result in a workload of 150 hours per semester, which is calculated as follows:

  . 15 weeks of classes with 4 hours per week per semester ~ 45 hours per semester

  . Independent study including preparation and follow-up work ~ 30 hours per semester

  . Student research project (working on case studies and practical courses) ~ 50 hours

  . Examination preparation ~ 23.5 hours per semester

  . Examination (written examination/Klausur) ~ 90 minutes

  Note:

  Graduates of a program in Real Estate Management must complete the module Service and Space Management (A1). Students with a degree in Facility Management must complete the module Companies and Markets (A2). If the undergraduate program was completed in the disciplines of Architecture or Urban and Regional Planning, students will be additionally assigned a bridging module according to the decision of the academic committee.

• Companies & Markets (A2)

  Lecturer: 

  Peter Stolze PhD, MBA (USA)

  ECTS credits: 

  5

  Hours per week per semester:

  4

  Types of instruction:

  Lectures, exercises, independent study

  Learning outcomes:

  After completing the module successfully, students are able to:

  . analyze markets

  . evaluate companies

  . name behaviors of market participants

  . analyze potentials

  Contents:

  . economic and business management approach

  . market forms

  . specifics of real estate/facility management

  . company analysis (according to Schlegelmilch)

  . from mission to strategy

  . specifics of SMEs

  . specifics of tangible goods and services

  . success concepts for marketing (Closeness To Purchase Scale, ROI)

  . aspects of business administration

  . brand management

  . leadership styles in companies

  Course work:

  . Attending lectures and practical courses

  . Assessed coursework (written examination/Klausur)

  Workload:

  5 credits result in a workload of 150 hours per semester, which is calculated as follows:

  . 15 weeks of classes with 4 hours per week per semester ~ 45 hours per semester

  . Independent study including preparation and follow-up work ~ 95 hours per week

  . Examination preparation ~ 8.5 hours per semester

  . Examination (written examination/Klausur)

• Law

  Lecturer:

  Hon. Prof. Dr. Steffen Gratz

  ECTS credits:

  5

  Hours per week per semester:

  3

  Types of instruction:

  Lectures, exercises, independent study

  Learning outcomes:

  Facility and Real Estate Management includes the administration and management of buildings, construction plants and facilities, and covers, for the optimization all cost-relevant processes, the entire life cycle of a property from planning and realization through the utilization phase to refurbishment or demolition. This expanding industry has developed into a management discipline with specific legal issues - especially in terms of contract and liability management, construction law, architectural/engineering law and commercial tenancy law, etc., without a knowledge of which the task of facility management becomes near impossible.

  After completing this module, students will have deepened their basic knowledge of Facility and Real Estate Management as previously acquired in their undergraduate classes. Students will be able to:

  . recognize and manage the specific legal issues connected with facility management in practice

  . carefully consider legal advantages and disadvantages when drafting and executing contracts and take them into account in a practical manner

  . limit or avoid liability risks

  . communicate with public building authorities, architects, engineers, contractors, commercial tenants, etc. in a legally compliant manner.

  Contents:

  . FM contract and liability management

  . public building law

  . architectural and engineering law

  . private construction law according to the German Civil Code (BGB) and the German Construction Contract Procedures (VOB/B)

  . commercial tenancy law

  Course work:

  . Attending lectures and practical courses

  . Assessed coursework (written examination of 90 minutes)

  Workload:

  5 credits result in a workload of 150 hours per semester, which is calculated as follows:

  . 15 weeks of classes with 3 hours per week per semester ~ 33.75 hours

  . Independent study including preparation and follow-up work ~ 84 hours per week

  . Exam preparation ~ 30.75 hours per semester

  . Examinations (written examination/Klausur) ~ 90 minutes

• Technical Building Equipment (TGA) & Energy Effici

  Lecturer:

  Substitute Prof. Clemens Westermann

  ECTS credits:

  5

  Hours per week per semester:

  3

  Types of instruction:

  Lectures, exercises, independent study

  Learning outcomes:

  Participants of this degree program will be able to evaluate the energy efficiency of properties (e.g. real estate) from the perspective of facility management. They will have the knowledge to influence the operating costs related to technical building equipment and will thus be able to influence management costs in both the planning and operating phases of properties.

  Contents:

  . fundamentals of energy-saving and energy-efficient construction

  . conceptual understanding regarding the interaction of building envelope and building services engineering

  . contents of the European and national legal regulations on building energy efficiency

  . contents and basics of the Energieeinsparverordnung (Energy Saving Ordinance)

  . basic knowledge of energy parameters and the energy process chain (useful, final and primary energy)

  . basics of applying measurement, control, and regulation technology for usage optimization related to energy consumption of buildings

  . calculation and evaluation of the energy efficiency of buildings by means of an energy certificate based on consumption

  . communication of knowledge concerning the economic evaluation of the energy performance of buildings

  Course work:

  . Attending lectures and practical courses

  . Assessed coursework (presentation and colloquium)

  Workload:

  5 credits result in a workload of 150 hours per semester, which is calculated as follows:

  . 15 weeks of classes with 3 hours per week per semester ~ 33.75 hours

  . Independent study including preparation and follow-up work ~ 50.75 hours per week

  . Student research project ~ 65 hours<br/>. Examination (PC) ~ 30 minutes

• Real Estate Project Finance

  Lecturer:

  Prof. Dr. Heribert Pauk

  ECTS credits:

  5

  Hours per week per semester:

  3

  Types of instruction:

  Lectures, case studies, group work, independent study

  Learning outcomes:

  Successful graduates of this module will:

  . understand the financing structure governing infrastructure and real estate

  . have a basic understanding of the financial backer’s point of view

  . be familiar with modern tools such as covenants

  . be able to independently analyze project-related financing.

  Participants will acquire the competence to represent their employer in financing discussions and to independently plan project financing. With the acquired skills, participants will be able to start their careers in large companies and management consultancies.

  Contents:

  A project is a self-sustaining, definable economic entity. Project financing relies substantially on the cash flow generated in the project. Basically, project financing refers to any type of project, from ships to power plants to research projects. This module broadly defines real estate project financing as ranging from standard properties such as office buildings to specialized properties including daycare centers, hotels and infrastructure objects.

  . project financing at a glance

  . Public Private Partnership

  . structured finance

  Course work:

  . Attending lectures and case studies

  . Assessed coursework (written examination of 120 minutes)

  Workload:

  5 credits result in a workload of 150 hours per semester, which is calculated as follows:

  . 15 weeks of classes with 3 hours per week per semester ~ 33.75 hours

  . Independent study including preparation and follow-up work ~ 21.25 hours per week

  . Student research project (working on case studies and handouts) ~ 75 hours

  . Examination preparation ~ 18 hours

  . Examination (K120) ~ 2 hours

• Urban Development & Infrastructure

  Lecturer:

  Prof. Vesta Nele Zareh

  ECTS credits:

  5

  Hours per week per semester:

  3

  Types of instruction:

  Lectures, exercises, independent study

  Learning outcomes:

  . After completing the module, students will be familiar with the basic processes, methods, frameworks and challenges involved in contemporary urban development and how these are related to real estate development and management.

  . Students will be able to identify different levels of action in urban development, from individual buildings and building ensembles through neighborhoods and districts to cities and urban regions.

  . They will become acquainted with tools and methods for inventories, for data research and for the analyses of project-related subareas of a city.

  . Students will be able to create an inventory and analysis based on predefined parameters.

  . As a result, students will be able to define parameters and framework conditions for project-related development concepts. Students will be able to create basic concepts for architectural and urban development projects.

  Contents:

  By attending interactive lectures, students will become familiar with the basic processes, methods, frameworks and challenges of contemporary urban development and how these are related to real estate development and management. By attending practical courses, students will become acquainted with tools and methods for inventories, for data research and for the analyses of project-related subareas. Practical courses in analyzing project-related parameters at different scales will deepen student’s understanding of scale and interdisciplinary relationships in objects ranging from buildings to urban regions. Based on a case study, students will create concepts for architectural and/or urban development projects. Supplementary assignments in analytical reading and writing of texts on architectural and urban development will enable students to engage in critical thinking and in-depth independent study.

  Course work:

  . Participation in classes (lecture, practical courses in individual and block sessions)

  . Assessed coursework (presentation and colloquium)

  Workload:

  5 credits result in a workload of 150 hours per semester, which is calculated as follows:

  . 15 weeks of classes with 3 hours per week per semester ~ 33.75 hours

  . Independent study including preparation and follow-up work ~ 86.25 hours

  . Student research paper ~ 15 hours (presentation of results)

  . Examination preparation ~ 14.5 hours (for content preparation of results)

  . Examination (PC) ~ 30 minutes

• Development

  Lecturer:

  Prof. Dr. Michael Kuhn

  ECTS credits:

  5

  Hours per week per semester:

  4

  Types of instruction:

  Seminars, practical courses, independent study

  Learning outcomes:

  Students will be able to understand and implement, in principle, complex project development. They will be able to perform first-level site analyses (macro and micro) and prepare market analyses. Students will be able to actively prepare basic plans for real estate projects as well as to evaluate and classify such projects according to building regulations. They will be able to perform cost calculations according to DIN 276 and 277. Students will understand project risks and risk management and will be able to perform a final risk assessment to complete a project.

  Contents:

  . site analysis, market analysis, idea generation, design planning, TGA approach

  . cost calculation DIN 276, area calculation, living and usable space, DIN 277

  . cost estimation, calculation, financing

  . legal processing of the task, such as contracts, easements

  . project management

  Literature:

  . Brauer, Kerry.-U. (ed.): Grundlagen der Immobilienwirtschaft: Recht - Steuern - Marketing - Finanzierung - Bestandsmanagement - Projektentwicklung. Springer Gabler. 10th Edition, 2019.

  . Blecken, Udo (ed.); Meinen, Heiko (ed.): Praxishandbuch Projektentwicklung: Immobilienwirtschaftliche Grundsätze – Planerischer und rechtlicher Rahmen – Finanzierung und Bewertung – Vermarktung und Betrieb. Reguvis Fachmedien. 2nd, updated and expanded edition, 2020.

  Course work:

  . Attending seminars and practical courses

  . Assessed coursework (presentation and colloquium)

  Workload:

  5 credits result in a workload of 150 hours per semester, which is calculated as follows:

  . 15 weeks of classes with 4 hours per week per semester ~ 45 hours per semester

  . Independent study including preparation and follow-up work ~ 30 hours per semester

  . Student research project (without supervision) ~ 64 hours

  . Examination preparation ~ 10.5 hours

  . Examination (PC) ~ 30 minutes

Modules in the 2nd semester

• Investment Analysis

  Lecturer:

  Prof. Mario Widmann

  ECTS credits:

  5

  Hours per week per semester:

  4

  Types of instruction:

  Lectures, exercises, independent study

  Learning outcomes:

  After completing the module successfully, students will be able to:

  . explain the connection between controlling and management

  . present the cross-functional approach of investment controlling

  . program a complete financial plan (VOFI, visualization of financial implications) as a controlling tool within EXCEL

  . integrate the tax and financial situation of a (fictitious) investor in the process

  . use the VOFI to analyze a real estate project based on various key figures and to subsequently derive an investment decision

  Contents:

  . basics of investment controlling

  . investment controlling with a complete financial plan (VOFI)

  . creation of a VOFI with Excel for real estate investments with ratio calculation

  . variations of investment parameters and their effects

  . real estate due diligence as the basis of investment controlling

  Course work:

  . Attending lectures and practical courses

  . Assessed coursework (written examination of 120 minutes)

  Workload:

  5 credits result in a workload of 150 hours per semester, which is calculated as follows:

  . 15 weeks of classes with 4 hours per week per semester ~ 45 hours per semester

  . Independent study including preparation and follow-up work ~ 57 hours

  . Examination preparation ~ 46 hours

  . Examination (written examination/Klausur) ~ 2 hours

• Architecture & Sustainability

  Lecturers:

  Prof. Alexander Kader, Dr. André Deschan

  ECTS credits:

  5

  Hours per week per semester:

  3

  Types of instruction:

  Lectures, exercises, independent study

  Learning outcomes:

  In the module, students will develop their position in the social discussion on sustainable action. This concerns the topics:

  . conservation of resources with a particular focus on energy-efficient construction

  . use of materials that are safe for health

  . old buildings as a material and cultural resource

  . building in a social context

  Contents:

  Social responsibility towards the environment increasingly determines the construction and management of buildings. The module "Architecture & Sustainability" is based on this guiding principle. The module includes ecological, energy-efficient, and social topics, which are summarized under the term "Architecture & Sustainability". In terms of the construction and preservation of architecture, this module deals with the non-material values of our society.

  An economic view of buildings includes a relationship between effort and benefit. However, architecture is more than just meeting functional and economic requirements.

  In simple terms, architecture is a description of quality that ensures the durable use of a building.

  The lecture series will examine the diversity, differentiation and complexity of building through discussions encompassing historical, cultural, social and environmental aspects.

  . term definition as an introduction

  . demand and demand satisfaction as a holistic requirement for buildings

  . sustainability

  . Old buildings as resource

  . current architectural trends

  Course work:

  Attending lectures and practical courses

  Assessed coursework (presentation and colloquium)

  Workload:

  5 credits result in a workload of 150 hours per semester, which is calculated as follows:

  . 15 weeks of classes with 3 hours per week per semester ~ 33.75 hours

  . Independent study including preparation and follow-up work ~ 85 hours

  . Exam preparation ~ 30.75 hours per semester

  . Examination (PC) ~ 30 minutes

• Building Information Modeling (BIM)

  Lecturer:

  Prof. Axel Teichert

  ECTS credits:

  5

  Hours per week per semester:

  4

  Types of instruction:

  Lectures, seminars, practical courses, independent study

  Learning outcomes:

  After completing the module successfully, students will be able to:

  . describe the complete BIM compliant construction process chain

  . create, coordinate and edit specialist models as parts of an entire BIM model

  . model and analyze virtual building models by means of different BIM application programs

  . merge, analyze and manage geometric and alphanumeric data from different construction disciplines

  . use models to identify errors in the construction process as well as manage and communicate conflicts

  Contents:

  . introduction to the Building Information Modeling methodology

  . application of the essential BIM tools<br/>. data and process organization in a virtual environment

  . documentation and evaluation of geometric and alphanumeric digital building data / attributes

  . coordination of BIM-based specialist models, interface definition

  . data validation of BIM professional models for conflict and completeness control

  Course work:

  . Participation in the lectures, seminars and practical courses

  . Assessed coursework (design concept/paper)

  Workload:

  5 credits result in a workload of 150 hours per semester, which is calculated as follows:

  . 15 weeks of classes with 4 hours per week per semester ~ 45 hours per semester

  . Independent study including preparation and follow-up work ~ 47 hours

  . Student research project ~ 47 hours

  . Examination preparation ~ 8 hours

  . Examinations (design concept/paper) ~ 3 hours

• Strategic Facilities and Real Estate Management

  Lecturer:

  Dipl.-Wirt.-Ing. (FH) Dirk Raßler

  ECTS credits:

  5

  Hours per week per semester:

  4

  Types of instruction:

  Lectures, seminars (with student presentations), independent study

  Learning outcomes:

  Completing the module will enable students to:

  . characterize CREM

  . develop a corporate strategy taking into account various aspects

  . analyze the real estate portfolio and the FM organization on the basis of defined criteria

  . combine the different aspects (real estate portfolio, facility service, FM organization, real estate costs, user requirements, space optimization) into a FIM strategy

  . evaluate the developed strategy based on criteria.

  Contents:

  basics of facility and real estate management

  . Corporate real estate management

  . strategic FM processes

  . organizational alignment

  . strategic real estate management

  Course work:

  . Participation in seminars

  . Assessed coursework (presentation and colloquium)

  Workload:

  5 credits result in a workload of 150 hours per semester, which is calculated as follows:

  . 15 weeks of classes with 4 hours per week per semester ~ 45 hours per semester

  . Independent study including preparation and follow-up work ~ 15 hours per week

  . Student research project ~ 80 hours

  . Exam preparation ~ 9.5 hours per semester

  . Examination (PC) ~ 30 minutes

• Project I

  Person responsible for the module:

  Prof. Mario Widmann

  ECTS credits:

  5

  Hours per week per semester:

  3

  Types of instruction:

  Consultations, independent study, workshop with practice partners if necessary

  Learning outcomes:

  Students will acquire a deeper and broader knowledge of a topic of their choice. This knowledge will reflect current research and students will have a critical understanding of the major theories, principles and methods in their chosen field. Students will be able to understand and complete interdisciplinary projects independently or as part of an interdisciplinary team. Collaboration with a practice partner is strongly encouraged. Students will be able to access new topics and define a methodical approach. They will have the ability to interpret their knowledge and develop and apply independent ideas. If the topic is undertaken with a practice partner, the students will be able to recognize the practical suitability of the developed concepts and solutions as well as their potential problems. Their written documents (protocols, reports, plans, etc.) will be comprehensible and meet academic requirements. By applying moderation techniques and preparing a compelling presentation, students will be able to share their acquired knowledge with expert representatives and non-professionals and will be able to discuss ideas and solutions.

  Contents:

  . Topics from the scientific disciplines

     . Architecture

     . Business management

     . Engineering

     . Law

     . Urban Planning

     . Economics

    and from the management disciplines

     . Construction project management

     . Corporate real estate management

     . Facility management

     . Real estate management

     . Portfolio management

     . Public real estate management

     . Development

  . individual project completed in terms of content

  . suitable topic for an independent academic or practical project

  . possibility of interdisciplinarity in a project

  Course work:

  . written paper, handout

  . Assessed coursework (presentation and colloquium)

  Workload:

  5 credits result in a workload of 150 hours to complete the project, including supervision, preparing the handout and the presentation and examination (PC ~0.5 hours)

• Leadership, Research & Entrepreneurship

  Lecturers:

  Leadership: Dr. G. Dietmar Rode

  Research: Dipl.-Ing. Henning Dürr

  Entrepreneurship: Nico Steinborn, M.A.

  ECTS credits:

  5

  Hours per week per semester:

  4

  Types of instruction:

  Lectures, interactive practical courses, independent study

  Learning outcomes:

  After completing the module successfully, students will be able to:

  . reproduce knowledge of leadership, leadership theories and leadership tools and apply them in employee meetings and conflict situations

  . develop research topics, explore research funding opportunities and formulate research proposals

  . develop company-specific strategies, identify and outline a business model and apply knowledge of corporate governance criteria

  Contents:

  
  A) Leadership

     . Introduction

     . leadership theories

     . management tools

  B) Research:

     . methods for developing research ideas

     . aims of research funding

     . funding instruments and project sponsors

     . guidelines for the preparation of project outlines/proposals

  C) Entrepreneurship

     . business model and corporate strategy development

     . formalities of founding a company

     . corporate finance and financial planning

     . innovation processes and Business Model Canvas

  Course work:

  . Participation in the lectures and interactive practical courses with team work

  . Examination prerequisite: Ungraded assessment (two presentations in the submodules "Research" and "Entrepreneurship")

  . Examination (PC): in the submodule "Leadership”

  Workload:

  5 credits result in a workload of 150 hours per semester, which is calculated as follows:

  . 15 weeks of classes with 4 hours per week per semester ~ 45 hours per semester

  . Independent study including preparation and follow-up work ~ 45 hours

  . Student research projects ~ 50 hours

  . Examination preparation ~ 9.5 hours

  . Examination (PC) ~ 30 minutes

Modules in the 3th semester

• Operation & Sustainability

  Lecturer:

  Tobias Recha, M.Sc.

  ECTS credits:

  5

  Hours per week per semester:

  3

  Types of instruction:

  Seminar lecture, group work, independent study

  Learning outcomes:

  By successfully completing this module, students will be able to understand the basic procedure required for developing facility management development concepts and will be able to incorporate or evaluate aspects of economic, ecological and social sustainability. They will be able to formulate specifications for their own properties and then incorporate these into tender documents or in-house concept developments.

  Contents:

  The sustainable operation of not only real estate but facilities, in general, is increasingly becoming the focus of users: Economic sustainability enables long-term action itself whilst taking into account the ecological impact of actions as well as the social aspects of low-paid work for some facility services.

  . outline of the most important facility services

  . facility management concepts

  . FM process design in specific application

  . economic sustainability: “simple cost-plus pricing” and “cost center-based hourly rate costing” as costing tools for facility services

  . other aspects of sustainability in business management (environmental and social sustainability)

  . sustainable construction from an operational perspective

  Coursework:

  . Independent study

  . Attending lectures and practical courses

  . Assessed coursework (presentation and colloquium)

  Workload:

  5 credits result in a workload of 150 hours per semester, which is calculated as follows:

  . 15 weeks of classes with 3 hours per week per semester ~ 33.75 hours

  . Studying research literature in independent study before beginning the module ~ 44 hours

  . Student research paper (research, preparation, writing the paper) ~ 62 hours

  . Examination preparation ~ 9.75 hours

  . Examination (PC) ~ 30 minutes

• Real Estate Valuation

  Lecturers:

  Prof. Dr. Maik Zeißler, Thore Simon M.Sc. MAI FRICS, Dipl.-Ing. Dipl.-Wirt.-Ing. Knut Mollenhauer

  ECTS credits:

  5

  Hours per week per semester:

  3

  Types of instruction:

  Lectures, independent study

  Learning outcomes:

  Students will be able to present the fundamentals of value theory and expert assessments. They will be able to select and apply the appropriate valuation method for the valuation of different types of real estate. They will be able to critically research essential process input variables and use these in the respective process. Students will become aware of the sensitivity of valuation results.

  Contents:

  . legal basis of real estate valuation

  . expert committee system (valuation law according to BauGB)

  . determination of market value according to the principles of the Valuation Ordinance (WertV)

  . determination of fair value according to non-standardized methods

  Assessed coursework:

  . Attending lectures

  . Assessed coursework (written examination of 90 minutes)

  Workload:

  5 credits result in a workload of 150 hours per semester, which is calculated as follows:

  . 15 weeks of classes with 3 hours per week per semester ~ 33.75 hours

  . Independent study including preparation and follow-up work ~ 104.75 hours

  . Examination preparation ~ 10 hours

  . Examination (written examination/Klausur) ~ 90 minutes

• Computer Aided Facility and Real Estate Management

  Lecturers:

  Prof. Jens Nävy, Dipl.-Ing. Michael Heinrichs

  Types of instruction:

  Lectures, practical courses, seminars (with student presentations), independent study

  Learning outcomes:

  Completing the module will enable students to:

  . Characterize CAFM, ERP and BIM

  . Develop a CAFM implementation strategy taking into account various aspects

  . Develop a suitable solution approach depending on the initial situation and the requirements

  . Implement a CAFM system in a basic way

  . Derive their own solution approaches for current digitization topics

  Contents:

  . Digitalization in the real estate industry

  . Basics of IT in FIM

  . FIM application areas

  . ERP systems/CAFM systems

  . Selected aspects for the introduction of IT systems (data acquisition, cost-benefit analysis, introduction strategy)

  . Building Information Modeling (BIM)

  . Presentation of selected ERP/CAFM systems

  . Case studies/practical examples

  . Presentations on selected, current topics

  . Introduction of a CAFM system based on a reference building

  . Mapping of structures and processes on an exemplary CAFM system

  Coursework:

  . Attending lectures, practical courses and seminars

  . Assessed coursework (presentation and colloquium)

  Workload:

  5 credits result in a workload of 150 hours per semester, which is calculated as follows:

  . 15 weeks of classes with 4 hours per week per semester ~ 45 hours per semester

  . Independent study including preparation and follow-up work ~ 22.5 hours

  . Student research project ~ 72.5 hours

  . Examination preparation ~ 9.5 hours per semester

  . Examination ~ 30 minutes

• Life Cycle Costing

  Lecturer:

  Prof. Mario Widmann

  ECTS credits:

  5

  Hours per week per semester:

  4

  Types of instruction:

  Lectures, practical courses, case studies independent study

  Learning outcomes:

  After completing the module successfully, students will be able to:

  . fully determine the construction and utilization costs of a building and a building component

  . analyze the effects of different planning and design variants of buildings and building components on life cycle costs

  . calculate both time-point and time-period-related key figures of life cycle costs by applying static and dynamic methods of economic efficiency calculation.

  . to take into account price increases in usage costs when calculating key figures

  . compare the advantages of different planning and design variants of buildings and components on the basis of key figures

  Contents:

  . life cycle view

  . standards: Building costs DIN 276, User costs of buildings DIN 18960, GEFMA 200 and 220 (life cycle costs)

  . life cycle cost calculation with the cost comparison calculation and the annuity calculation

  . comparison and evaluation of key figures in the case of individual consideration and variant comparison

  Coursework:

  . Attending lectures, practical courses and case studies

  . Assessed coursework (written examination of 90 minutes)

  Workload:

  5 credits result in a workload of 150 hours per semester, which is calculated as follows:

  . 15 weeks of classes with 4 hours per week per semester ~ 45 hours per semester

  . Independent study including preparation and follow-up work ~ 55 hours

  . Examination preparation ~ 48.5 hours

  . Examination (written examination/Klausur) ~ 90 minutes

• Elective module Commercial and Industrial Developm

  The module will not be offered again until the winter semester 2022/23. Lecturer:N.N. ECTS credits: 5 Hours per week per semester: 3 Types of instruction: lectures, practical courses, independent study Learning outcomes: By successfully completing the module, students will be able to compare and contrast different properties according to their profitability, management effort and risk. Contents:. Development of building land (zoning plan (FNP) and building development plan). project and site development plan (VEP). urban land use planning measures (change restrictions, pre-emption rights). usage types. Bundesimmissionsschutzgesetz (German immission control law) for industrial plants (traffic, noise, emission, etc.). spacing rules. environmental impact assessment for large projects. comparison of different real estate project types (apartments, office/commercial/shops, hotels, conference centers, airports and infrastructure). real estate as an investment - also in comparison with other products on the capital market. wealth creation strategy with real estate Coursework:. Attending lectures and practical courses. Assessed coursework (paper) Workload: 5 credits result in a workload of 150 hours, which is calculated as follows:. 15 weeks of classes with 3 hours per week per semester ~ 33.75 hours. Independent study including preparation and follow-up work ~ 33.75 hours per week. Examination (paper) ~ 82.5 hours

• Elective module Project II

  Person responsible for the module:

  Prof. Mario Widmann

  ECTS credits:

  5

  Hours per week per semester:

  3

  Types of instruction:

  Consultations, independent study, workshop with practice partners if necessary

  Learning outcomes:

  Students will acquire a deeper and broader knowledge of a topic of their choice. This knowledge will reflect current research and students will have a critical understanding of the major theories, principles and methods in their chosen field. Students will be able to understand and complete interdisciplinary projects independently or as part of an interdisciplinary team. Collaboration with a practice partner is strongly encouraged. Students will be able to access new topics and define a methodical approach. They will have the ability to interpret their knowledge and develop and apply independent ideas. If the topic is undertaken with a practice partner, the students will be able to recognize the practical suitability of the developed concepts and solutions as well as their potential problems. Their written documents (protocols, reports, plans, etc.) will be comprehensible and meet academic requirements. By applying moderation techniques and preparing a compelling presentation, students will be able to share their acquired knowledge with expert representatives and non-professionals and will be able to discuss ideas and solutions.

  Contents:

  . Topics from the scientific disciplines

     . Architecture

     . Business management

     . Engineering

     . Law

     . Urban Planning

     . Economics

    and from the management disciplines

     . Construction project management

     . Corporate real estate management

     . Facility management

     . Real estate management

     . Portfolio management

     . Public real estate management

     . Development

  . individual project completed in terms of content

  . suitable topic for an independent academic or practical project

  . possibility of interdisciplinarity in a project

  Coursework:

  . written paper, handout

  . Assessed coursework (presentation and colloquium)

  Workload:

  5 credits result in a workload of 150 hours to complete the project, including supervision, preparing the handout and the presentation and examination (PC ~0.5 hours)

• Elective module Public Sector Economy

  The module will not be offered again until the winter semester 2022/23. Lecturer: Prof. Dr. Martin Rosenfeld ECTS credits: 5 Semester hours per week: 3 Types of instruction: lectures, practical courses, independent study Learning outcomes:. Upon completing this module, students will be able to distinguish between different academic views detailing the economic drivers of urban and regional development. Participants of the module will have understood the limits of economic explanatory models including the lack of research into the decisive factors of urban and regional development. Students will have learned to distinguish the economic policy instruments used to overcome spatial development disparities. The module will enable students to conduct an independent assessment of the development opportunities of any city or region based on the knowledge they have acquired. Participants will be able to evaluate the performance of economic policy instruments based on theoretical evaluations and empirical studies. Contents: Why are cities and regions the subject of economics? Why are cities a form of settlement? Where do cities emerge? Settlement structures and urban systems. The rise and fall of cities: Why do some cities grow more than others, why do “shrinking cities” exist? Land use in cities and urban regions. The relationship between the city and the region. Rise and fall of regions. Policy for cities and regions. Politics of cities and regions Coursework: Participation in the lectures and practical courses Assessed coursework (oral examination of 30 minutes) Workload: 5 credits result in a workload of 150 hours, which are divided as follows:. 15 weeks of classes with 3 hours per week per semester ~ 33.75 hours. Independent study including preparation and follow-up work ~ 90.75 hours per week. Exam preparation ~ 25 hours per semester. Examination (oral) ~ 30 minutes

• Elective module Smart Building

  Lecturer:

  Dipl.-Kaufm. univ. Michael Schidlack

  ECTS credits:

  5

  Hours per week per semester:

  3

  Types of instruction:

  Lecture, independent study

  Learning outcomes:

  Students will be able to:

  . define and assess the benefits of smart buildings compared to conventional buildings

  . describe the main fields of application

  . provide support in decision-making or make decisions about which concepts could be used in which planning and application situations

  . view smart buildings from the perspective of the builder, the user, the housing industry, as well as the community

  Contents:

  . smart living, smart building, smart home - distinctions and interactions of different facets of the market

  . Applications

  . Market overview: supplier landscape, distribution channels, associations and organizations

  . technologies, middleware, ecosystems and platforms

  . point-to-point solutions vs. holistic solutions

  . data protection and data security, main features of the GDPR as far as it is relevant for the operation of a smart building

  . prospects for planners, builders, end users and the housing industry

  . prospects for the environment and society and politics

  Coursework:

  . Attending lectures

  . Assessed coursework (presentation and colloquium)

  Workload:

  5 credits result in a workload of 150 hours per semester, which is calculated as follows:

  . 15 weeks of classes with 3 hours per week per semester ~ 33.75 hours

  . Independent study including preparation and follow-up work ~ 73.75 hours

  . Examination preparation ~ 35 hours

  . Examination (PC) ~ 30 minutes

• Elective module Academic Seminar

  Person responsible for the module:

  Prof. Dr. Heribert Pauk

  ECTS credits:

  5

  Hours per week per semester:

  3

  Types of instruction:

  Seminars, independent study

  Learning outcomes:

  Completing the module enables students to:

  . reproduce and apply the methodology of scientific work and writing (extending the previously acquired basics from a prior bachelor's degree program) (methodological skills)

  . independently research information and critically reflect upon this information (self- and personnel competence)

  . understand and formulate problems and objectives, especially in exchange with the other participants of the module (social competence)

  . use word processing software quickly and effectively to create and design large documents

  . reproduce, apply and enhance fundamental presentation skills

  . present a scientific paper in front of a professional audience

  Contents:

  The module Academic Seminar introduces students to scientific methods and prepares students in a targeted manner on how to apply these methods to writing a paper and giving a presentation for the master's thesis Students will then be able to understand and scientifically process current real estate topics dealing with national and international issues. The module Academic Seminar introduces students to scientific methods and prepares students in a targeted manner on how to apply these methods to writing a paper and giving a presentation for the master's thesis Students will then be able to understand and scientifically process current real estate topics dealing with national and international issues.

  Coursework:

  . Attending lectures

  . Assessed coursework (presentation and colloquium)

  Workload:

  5 credits result in a workload of 150 hours per semester, which is calculated as follows:

  . 15 weeks of classes with 3 hours per week per semester ~ 33.75 hours

  . Independent study including preparation and follow-up work ~ 34.75 hours

  . Examination preparation (seminar paper and presentation) ~ 81 hours

  . Examination (PC) ~ 30 minutes

Modules in the 4th semester

• Master’s thesis

  Person responsible for the module:

  Prof. Mario Widmann

  ECTS credits:

  25

  Types of instruction:

  Consultations, independent study

  (independently written thesis; supervision by professors)

  Learning outcomes:

  Students will acquire a deeper and broader knowledge of a topic of their choice. This knowledge will reflect current research and students will have a critical understanding of the major theories, principles and methods in their chosen field.<br/>Students will be able to access new topics and define a methodical approach. They will be able to interpret their knowledge and develop independent ideas, which they will then also apply. Students will write an academic paper either independently or in an interdisciplinary team and this paper will be written in a comprehensible and scientific manner. By applying moderation techniques and preparing a compelling presentation, students will be able to present their acquired knowledge and solutions to expert representatives and non-professionals and will be able to defend and exchange their ideas and solutions.

  Contents:

  Students can choose topics from the scientific disciplines of Architecture, Business Studies, Engineering, Law, Urban Planning, Economics and from the management disciplines of Construction Project Management, Corporate Real Estate Management, Facility Management, Real Estate Management (Real Estate Analysis, Real Estate Evaluation, Real Estate Financing, Real Estate Investment, Real Estate Marketing), Portfolio Management, Public Real Estate Management and Project Development.

  Coursework:

  The preparation of the thesis task has to be documented in written form.

  Workload:

  25 credits result in a workload of 750 hours to complete the master's thesis including

  supervision.

• Colloquium

  Person responsible for the module:

  Prof. Mario Widmann

  ECTS credits:

  5

  Learning outcomes:

  Students will acquire a deeper and broader knowledge of a topic of their choice. This knowledge will reflect current research and students will have a critical understanding of the major theories, principles and methods in their chosen field.

  Students will be able to access new topics and define a methodical approach. They will be able to interpret their knowledge and develop independent ideas, which they will then also apply. Students will write an academic paper either independently or in an interdisciplinary team and this paper will be written in a comprehensible and scientific manner. By applying moderation techniques and preparing a compelling presentation, students will be able to present their acquired knowledge and solutions to expert representatives and non-professionals and will be able to defend and exchange their ideas and solutions.

  Contents:

  depending on the topic of the master’s thesis

  Coursework:

  Presentation, colloquium, poster

  Workload:

  5 credits result in a workload of 150 hours per semester, which is calculated as follows:

  . Preparation colloquium ~ 145.5 hours

  . Colloquium ~ 0.5 hours