After successful completion of the course, students are able to...
the module "Real Estate Development and Economics" and its courses will be held mainly in German. For more information please visit the available German site.
The module "Project Development and Real Estate Economics" provides situation-specific competencies for the early phase of real estate, infrastructure, cultural heritage, and urban development projects, where the decision is made whether or not to proceed with a project. Upon successful completion of the course, students will be able to develop integrated concepts for building use, operation, and financing. The module expands students' experience in spatial design and incorporates the interests of users, various clients, operators, and financiers, as well as ecological, cultural, and social objectives into the design process.
the module "Real Estate Development and Economics" and its courses will be mainly held in German. For more information please visit the available German site.
Project development in a narrower sense refers to the phase of real estate, infrastructure, cultural heritage, or urban development projects where decisions are made regarding future planning. This fundamental decision is based on corresponding concepts for building use, operation, and financing. Specific topics covered in this module include project development situations, models of project development, actors involved, interests at stake, competencies, processes, and function-specific aspects of buildings. Additionally, it explores the characteristics of real estate as an economic asset, land and real estate markets, and the institutional landscape of urban and real estate development. The module also delves into the possibilities, opportunities, and risks associated with transferring public responsibilities (such as the provision of public infrastructure, urban development, etc.) to private and intermediary entities.
Following the constructivist didactic approach, a project or urban development situation (problem statement) serves as the starting point of the module. Students articulate the need for theories and methods that they require to solve the problem within the scope of this exercise.
