USB244 Asset Performance


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Assignment Brief (50%)
USB244 Asset Performance 2018

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Introduction
The assignment for this unit is a group assignment with individual component; Part A (individual assignment –
20%) and Part B (group assignment – 30%). Details of all parts of the assignment are contained within this
assignment brief, together with guidelines on writing, presenting and submitting your assignment.
Collectively, these assessment items comprise 50% of your marks for this unit. It is recommended that you read
this brief carefully and raise any questions during lecture time. Additional details may be given during lectures
and placed on Blackboard. If you miss a lecture it is your responsibility to chase up any assessment information
that may have been provided.
For further details on the assessment for this unit, please refer to the “Week 1 additional unit information” handout
on Blackboard.
Learning Outcomes and Writing Your Assignments
Your assignments should provide a fully referenced analysis of the specified task. Your assignment should:
1. Demonstrate skills and knowledge of the economic, managerial, legal, physical and technical aspects of
property and asset management.
2. Define property management issues and apply problem-solving, report writing and analysis skills to the
effective management, use and development of property assets.
3. Evaluate the role of property and asset management and its impact on the performance of real property
assets in a diversified investment portfolio.
4. Demonstrate community and professional responsibility, including the effect of sustainable development,
business ethics, codes of practice, cultural and historical influences on property industry activities.
Please note that your assignment should employ a logical and coherent structure using headings to delineate the
components of your work. You may opt to include figures, graphs, charts, and other diagrams in your paper.
While such components are an efficient way of summarising information, it is important to refer to each table,
chart or other diagram in the accompanying text to identify the significant points the item illustrates.
Your submitted assignments should reference appropriate literature – peer-reviewed journal articles, technical
texts, government reports, and other professional-level documents. Please do not submit work based upon
unreviewed web-based sources such as Wikipedia.
Following QUT policy, you should refer to QUT Cite|Write (www.citewrite.qut.edu.au) as a first source should you
have any questions about what constitutes a report, how to appropriately credit/reference others’ work, or for
general advice on writing style. If after reviewing the QUT Cite|Write website you still need advice on such
UD05 Bachelor of Property Economics
USB244 Asset Performance Semester 2, 2018
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matters, please contact the Science and Engineering Faculty, School of Civil Engineering and the Built
Environment’s liaison librarian or a member of the unit teaching staff.
Presentation Guidelines
Unless otherwise specified you should follow these guidelines for all assignments submitted for this unit:
 Include your name, student number and word count on the title page
 Minimum font size 10pt
 Minimum margin size 2.5cm
 Include the Information Memorandums (IMs) in Assignment A
 Inclusion of the assessment rubric is not necessary
These guidelines are not intended to reduce the presentation quality of your assignment. On the contrary, you
are encouraged to present your report in a professional manner.
Submitting Your Assignments – Blackboard Assignment
You will need to submit both parts of this assignment electronically through “Blackboard Assignment”. Please be
sure to use the correct link for Part A or Part B.
You can submit draft assignment through the same link and it will be overwritten by the newer version. It is
intended to help you identify portions of your assignment which might require attribution or further refinement to
avoid accidental (or otherwise) plagiarism. The submission of draft will help you to develop your own citing and
referencing skills. Multiple submissions by the same person will avoid self-plagiarism detection. For Part B is a
group assignment but only one student will be submitting to the system to avoid plagiarism detection if the other
member of the same group submitted the same assignment.
To initiate submission of your paper, navigate to the Assessments section of the unit Blackboard site and click on
the appropriate link set up for you. If you have difficulties using this system please contact IT Helpdesk (HiQ).
Part A: Property manager performance critique (past 3 years)
The Scenario:
You are a property management consultant and you have been asked by an owner to review the performance
of their property manager over the past three years. You have obtained an information memorandum for a
property in their portfolio as at today. Your task is to identify the skills that were (or should have been) employed
by the property manager in order to maximise the performance of these assets in light of the property market and
economic conditions in recent years.
Instructions:
You are required to select ONE investment grade property from ONE of the following property sectors:
 Office, OR
 Retail: community, bulky goods, neighbourhood or regional shopping centre
You are required to work in a group of 4 students. This is a group decision. If a group has decided to go with
office buildings, EVERY MEMBER in the group MUST select one investment grade properties from the office
property sectors. You should use a different property from your group members. (i.e., a group of 4 students
should have 4 different properties). You are not able to select a property that has been the subject of assessment
in other units. It is recommended that you select properties that are currently for sale, you will be able to obtain
Information Memorandums for properties that are currently publically for sale. Please note that use of any
information memorandums pre March 2017 will result in an immediate fail grade.
UD05 Bachelor of Property Economics
USB244 Asset Performance Semester 2, 2018
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Having chosen your property and obtained basic financial and physical details, you will be required to carry out a
market analysis for the property. This will include assessment of both the property market conditions as well as
prevailing economic conditions. This information will then inform your interpretation of the current financial and
physical status of the property against those market conditions.
Your review should focus on what issues the property manager may have had to take into consideration in the
preceding years and what skills they will have needed to employ to achieve the desired outcomes. Specifically,
this assignment requires you to demonstrate your ability to make linkages between the state of the economy and
a selected property sector, with the performance of property assets in that sector, and to demonstrate your
understanding of how the day to day actions and skills of a property manager are key to maximising the
performance of an asset in that operating environment.
This analysis and interpretation will be based on your understanding of the role of a property manager and will
need to address issues such as supply and demand, strategic positioning, operational issues and any other key
issues relevant to your selected property as applicable over the past three years. This is not a static review of
the property as at today, nor is it a recommendation of future actions. Assignments that take this
approach will result in a fail grade.
The starting point for this assignment is to review the information memorandum / investment report for the
property, including a tenancy schedule. These investment report will contain much of the property specific data
necessary for this assignment, however you will be required to carry out additional independent research on the
property, the relevant sub-markets and the recent economic impacts from a property management perspective.
You should annexe the IM and tenancy schedule to your assignment.
Details:
Due Date Friday, 7 September 2018, 11:59 p.m.
Weighting 20%
Format Individual Report
Submission Blackboard Assignment
Length Maximum 1500 words + IM and tenancy schedule attached
Feedback My Grades
UD05 Bachelor of Property Economics
USB244 Asset Performance Semester 2, 2018
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Part B: Market analysis and interpretation: property asset managers perspective [Short, medium and long term
(10 years) view]
The properties selected from Part A and the data collected and analysed will form the basis for Part B.
The Scenario:
Having determined the existing property management issues for this portfolio in Part A, the owners have now
asked to you submit a brief strategic asset management (SAM) plan for the portfolio that provides your
interpretation of market forecasts, and what the owners need to consider to keep the buildings marketable.
Group Work:
For this part, you are required to work in a group of 4 students. Choosing only three properties from your group,
your group will form a new portfolio of assets. Your report should address the performance of the portfolio as a
whole, not just its component parts. Note your portfolio should comprise all Commercial OR Retail
properties. IMs and tenancy schedules for each property are to be included with your report.
Instructions:
This assessment requires you to address how you would maximise the performance of the new portfolio should
you be the property / asset manager over the next 10 years. This will require you to research and analyse
forecasts for the property, economic, and political conditions in the short, medium and longer term (10 years) and
consider the impact these will have on the financial performance of your portfolio. Your forecasts and
recommendations are required to focus on the future strategic property asset management opportunities for
the portfolio, rather than the historical property management perspective in Part A.
Having determined the short, medium and long term strategic view of the three properties based, the owners
have now asked you to include a scenario plan that take into account the following factors, and how any of your
recommendations may vary.
 Australian dollar increases to US$1.05 by the end of 2022
 The major (anchor) tenants in two of your buildings will not renew their leases up to 2023.
 The RBA cash rate is expected to increase to 6% by the end of 2022
Your SAM Plan will need to discuss what actions would be taken by the property manager to protect the owner’s
interests in these scenarios. To adequately address these issues you will need to read broadly across a number
of property and economics journals and publications. This should be commenced in Week 1. The most important
aspect of this assignment is your interpretation of economic and property market factors and how these will
impact on the strategic management of the properties in the portfolio based on your interpretation and
understanding of the property sector you are analysing. Simply providing property/economic statistics will
not result in a passing grade.
Details:
Due Date Friday, 12 October 2018, 11:59 p.m.
Weighting 30%
Format Group Report
Submission Blackboard Assignment
Length Maximum 5,000 words
Feedback My Grades
UD05 Bachelor of Property Economics
USB244 Asset Performance Semester 2, 2018
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Assessment Rubric: Assessment 1 (Part A)
Components 7 6 5 4 3 – 2 – 1
Executive
summary
(10%)
High level engagement of the
reader achieved by providing a
brief yet richly detailed
overview. All required
information concisely explained
with connections to the topic
very apparent.
Very tightly focussed summary
of the report provided with all
salient features, conclusions
and recommendations (if any)
covered.
Concise overview of the Report
providing coverage of most key
features: Clear explanation of
the topic, major issues and key
conclusions reached.
Summary tending towards
verbosity, with one or two
salient features missing that
are integral to comprehending
the report.
Provides little salient
information so that key issues
of the report are difficult to
ascertain. May be too verbose,
or be an introduction.
Market analysis
(30%)
Complete and thorough
analysis of the market for the
property. Wide-ranging and
highly articulate analysis
thoroughly examining to
inform the current financial and
physical status of the property
against those market
conditions.
Thorough analysis of the
market for the property.
Detailed analysis examining to
inform the current financial and
physical status of the property
against those market
conditions.
Thorough analysis of the
market for the property. Good
explanation to inform the
current financial and physical
status of the property against
those market conditions.
Analysis of the market for the
property, but may be lacking
detail in some areas. Report
evidences attempts to inform
the current financial and
physical status of the property
against those market
conditions.
Analysis of the market for the
property not completed, or
otherwise significantly lacking
detail in some areas. Little or
no attempt to inform the current
financial and physical status of
the property against those
market conditions.
Review on the
management of
a property
(40%)
The report thoroughly
addressed the issues the
property manager may have
had to take into consideration
and what skills they will have
needed to employ to maximise
the performance of the
property.
Reviews made, and
conclusions reached
throughout the report are well
supported by very well argued
logic, drawing linkages
between the state of the
economy and a selected
property sector.
The report thoroughly
addressed the issues the
property manager may have
had to take into consideration
and what skills they will have
needed to employ to maximise
the performance of the
property.
Reviews made throughout the
report are well supported by
logical argument and drawing
linkages between the state of
the economy and a selected
property sector.
The report addressed the
issues the property manager
may have had to take into
consideration and what skills
they will have needed to
employ to maximise the
performance of the property.
Reviews made throughout the
report are supported by logical
argument and drawing linkages
between the state of the
economy and a selected
property sector.
The report addressed some
issues the property manager
may have had to take into
consideration and what skills
they will have needed to
employ to maximise the
performance of the property.
Reviews made throughout the
report are by and large
supported by logical argument
and in many instances, and
drawing linkages between the
state of the economy and a
selected property sector.
Little, or no attempt at
reviewing the issues the
property manager may have
had to take into consideration
and what skills they will have
needed to employ to maximise
the performance of the
property.
Little or no supporting evidence
provided in support of
conclusions and statements
made throughout report.
UD05 Bachelor of Property Economics
USB244 Asset Performance Semester 2, 2018
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Components 7 6 5 4 3 – 2 – 1
Report
formatting,
presentation
and referencing
(15%)
Report provided in an
exceptionally high quality,
professional style exceeding
standards provided.
Extensive use of a wide
number of books / journals
and newspaper articles.
Referencing uses QUT
Cite|Write recommended style.
Report provided in a quality,
professional style exceeding
standards provided in the
assignment instructions.
Utilisation of a wide number of
books / journals and
newspaper articles.
Referencing uses QUT
Cite|Write recommended style.
Report provided in a quality,
professional style in
accordance with assignment
instructions.
Utilisation of books / journals
and newspaper articles.
Referencing uses QUT
Cite|Write recommended style.
Report provided in accordance
with assignment instructions.
Utilisation of books / journals
and newspaper articles
evidenced.
Referencing uses QUT
Cite|Write recommended style.
Poorly presented report
contrary to assignment
instructions.
Limited or no use of books /
journals and newspaper
articles.
Attached an
information
memorandum
(5%)
Attached an information
memorandum after March
2017.
– – – Did not attach or attach an
information memorandum prior
to March 2017.
UD05 Bachelor of Property Economics
USB244 Asset Performance Semester 2, 2018
7 | P a g e
Assessment Rubric: Assessment 1 (Part B)
Components 7 6 5 4 3 – 2 – 1
Executive
summary
(10%)
High level engagement of the
reader achieved by providing a
brief yet richly detailed
overview. All required
information concisely explained
with connections to the topic
very apparent.
Very tightly focussed summary
of the report provided with all
salient features, conclusions
and recommendations (if any)
covered.
Concise overview of the Report
providing coverage of most key
features: Clear explanation of
the topic, major issues and key
conclusions reached.
Summary tending towards
verbosity, with one or two
salient features missing that
are integral to comprehending
the report.
Provides little salient
information so that key issues
of the report are difficult to
ascertain. May be too verbose,
or be an introduction.
Economic and
political review
(20%)
Complete and thorough
review of the economic and
political conditions for the
property in the short, medium
and longer term (10 years) and
thoroughly examining the
impact on the financial
performance of your portfolio.
Thorough review of the
economic and political
conditions for the property in
the short, medium and longer
term (10 years) and detailed
analysis examining the impact
on the financial performance of
your portfolio.
Thorough review of the
economic and political
conditions for the property in
the short, medium and longer
term (10 years). Good
explanation to inform the
impact on the financial
performance of your portfolio.
Review of the economic and
political conditions for the
property in the short, medium
and longer term (10 years).
Report evidences attempts to
inform the impact on the
financial performance of your
portfolio.
Review of the economic and
political conditions for the
property in the short, medium
and longer term (10 years) not
completed, or otherwise
significantly lacking detail in
some areas. Little or no attempt
to inform the impact on the
financial performance of your
portfolio.
Strategic asset
management
plan (40%)
The report developed a
complete and thorough
strategic asset management
plan, focusing on the future
strategic property asset
management opportunities
(short, medium and long term
strategic view) to maximise
the performance of your
portfolio.
The report developed a
thorough strategic asset
management plan, focusing on
the future strategic property
asset management
opportunities (short, medium
and long term strategic view) to
maximise the performance of
your portfolio.
The report developed a
strategic asset management
plan, focusing on some of the
future strategic property asset
management opportunities
(short, medium and long term
strategic view) to maximise the
performance of your portfolio.
The report evidences attempts
to develop a strategic asset
management plan, focusing on
some of the future strategic
property asset management
opportunities to maximise the
performance of your portfolio.
A strategic asset management
plan for the portfolio not
completed, or otherwise
significantly lacking detail in
some areas.
UD05 Bachelor of Property Economics
USB244 Asset Performance Semester 2, 2018
8 | P a g e
Components 7 6 5 4 3 – 2 – 1
Scenario
analysis
(15%)
Well-referenced discussion
that demonstrates a high
level understanding of actions
that should be taken by the
property manager to protect the
owner’s interests in these three
scenarios.
Thorough discussion that
demonstrates a good level
understanding of actions that
should be taken by the property
manager to protect the owner’s
interests in these three
scenarios.
A discussion that demonstrates
a good level understanding of
actions that should be taken by
the property manager to protect
the owner’s interests in these
three scenarios.
A discussion that demonstrates
an understanding of actions
that should be taken by the
property manager to protect the
owner’s interests in these three
scenarios.
No understanding of how a
property manager should react
in these scenarios to protect
the owner’s interests.
Report
formatting,
presentation
and referencing
(15%)
Report provided in an
exceptionally high quality,
professional style exceeding
standards provided.
Extensive use of a wide
number of books / journals
and newspaper articles.
Referencing uses QUT
Cite|Write recommended style.
Report provided in a quality,
professional style exceeding
standards provided in the
assignment instructions.
Utilisation of a wide number of
books / journals and
newspaper articles.
Referencing uses QUT
Cite|Write recommended style.
Report provided in a quality,
professional style in
accordance with assignment
instructions.
Utilisation of books / journals
and newspaper articles.
Referencing uses QUT
Cite|Write recommended style.
Report provided in accordance
with assignment instructions.
Utilisation of books / journals
and newspaper articles
evidenced.
Referencing uses QUT
Cite|Write recommended style.
Poorly presented report
contrary to assignment
instructions.
Limited or no use of books /
journals and newspaper
articles.

To get your Assignment/Homework solutions;

Simply Click ORDER NOW and your paper details. Our support team will review the assignment(s) and assign the right expert whose specialization is same to yours to complete it within your deadline. Our Editor(s) will then review the completed paper (to ensure that it is answered accordingly) before we email you a complete paper 

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