TRP 6410 REAL ESTATE ECONOMICS RESIT ASSIGNMENT QUESTION

UNIVERSITY OF SHEFFIELD

DEPARTMENT OF URBAN STUDIES AND PLANNING

Skills: 
Module No:TRP6410
Title:Real Estate Economics
Credit Value:15
Level:M
Semester:Autumn 2021-22
Module Co-ordinator:Berna Keskin

TRP 6410 REAL ESTATE ECONOMICS RESIT ASSIGNMENT QUESTION

For Failed Assignments

Scenario:

You are a researcher working for a leading firm of property agents and have been commissioned to write a report for an overseas investment client.

Brief:

Prepare a report explaining why commercial property markets display rental volatility and why the amplitude of this volatility varies by property sector. Discuss how this, and other relevant factors, might affect property investment decisions across the different sectors. Illustrate your argument by reference to: office and retail property and any market of your choice.

Coverage:

You will need to draw together lecture and reference material on the economics of property markets. You will need to consider how cycles are generated, how they relate to cycles in use, investment, and development markets and the wider economy, and how and why volatility of rents varies by sector. You may also use information published by MSCI and various real estate service providers such as Savills, M&G, CBRE and etc. Many of these companies publish research findings on their websites and much of this is free of charge.

Style:

Note that you are asked for a report rather than an essay.  The report should be no more than 2,500 words and, with so few words to play with, needs to be very concise and focused.  The report should include diagrams and data as appropriate.  Think about the scenario: this is a report by a consultant designed to convey the key arguments to a busy investment professional in the most effective manner. For advice on report writing you might want to look at Moore and Hesp (1985) Basic of Writing Reports, or, Irving and Smith (1998) No sweat: the indispensible guide to reports and dissertations, or Mort (1992) Professional Report Writing. There are many more texts on report writing available in the library.