MMP 212 Property Investment Property Market Analysis 代写
 
 
 

MMP 212 Property Investment 2017
 
 
 
 

The Brief

 
This is an individual assignment and please read the instructions carefully.
 
This assignment is the first of a two-stage assessment you will undertake in this unit.
 
Potential investors require concise and relevant information pertinent to the property market they consider investing in in order to make informed investment decisions. To achieve this, investors, valuers and other stakeholders must obtain a thorough understanding of economic and property market conditions and how they may impact upon the investment under consideration. Given the long-term nature of property investment and the unavoidable acquisition and disposal costs, it is imperative that, as much as possible, future economic and property market projections be evaluated. This evaluation creates the background upon which judgements of value and commercial investment decisions are made.
 
The task particulars
 
The property of interest to your client is 18-20 Prospect Street, BOX HILL, VIC 3128.
 
This assignment is the first of two assignments that, when combined, will create a complete industry standard report for your client. The first half of the report, being this assignment, is a market and building report and the second half will be the financial evaluation of the above property. Much of the information required for the second task will be extracted from the first so it is essential that you make every effort to ensure you are thorough in your efforts with this assignment. Ideally you should visit the site and source information from the internet. If you are unable to do so you can use the internet street view to obtain a sense of the area. NOTE: UNDER NO CIRCUMSTANCES ARE YOU TO ENTER THE PROPERTY BUT SIMPLY VIEW IT FROM THE STREET TO FAMILARISE YOURSELF WITH THE PROPERTY AND LOCATION.
 
The report has been requested by an investor located overseas who is completely unfamiliar with the Melbourne property marketplace, although he has heard it is a global city and accordingly wish to invest in a property in 2017.  The client typically invests in large commercial assets but is now considering medium sized investments to diversify risk and 18-20 Prospect Street, BOX HILL, VIC 3128 is of particular interest. The investment will be leveraged at a maximum of 60%. The client is a successful non-listed real estate investment trust with a typical investment horizon of 5 to 10 years and is experienced in property acquisition.
 
The report should examine current market activities relevant to the property’s market segment. It is very important that after reading the report the investor should have a comprehensive understanding of factors affecting the supply and demand for the office property sector in Melbourne, as well as historical trends and future predictions.
 
This report will provide commentary on:
·        details of the subject property,
·        the current property market and economic conditions,
·        likely issues unique to the subject property’s sector and submarket (geographic and property type);
·        impact of them on the subject property as an investment alternative and;
·        predicted future trends (with appropriate rationale)
The following report headings, which accord with API requirements, are provided as a means of providing guidance. You may feel additional information is relevant. By reviewing the API Practice Guidelines (section 14.3) you will be able to determine what may be required.
 
Recommended report headings (consider putting in a word count for each part)

• Executive summary
• Location description
• Site particulars
• Building description
• Market commentary including historical trends and current market condition
• Commentary on market trends in the future
• Preliminary conclusion (remember assignment 2 will start here)

 
It is important to keep the report brief and this can be achieved by using bullet points rather than long sentences, as well as placing information in the appendices.  However, if information is placed in the appendices then it is critical that the body of the report discuss the information and does not simply say ‘refer to information in Appendix X’. 
 
You are to provide a detailed report of the current state of the investment property market and specific property information, some of which will be used in Assignment 2. Although the propertyis situated in one of Melbourne’s major submarkets, you are required to BRIEFLYreviewthe global market, other capital cities in Australia, greater Melbourne and its various office submarkets. NOTE: THE EMPHASIS MUST BE UPON THE SUBJECT PROPERTY AND OTHER MARKET INFORMATION IS INCLUDED TO PROVIDE THE READER WITH AN ENHANCED UNDERSTANDING OF THE MELBOURNE PROPERTY MARKET.
 
Communication of information visually via photographs and/or graphs is viewed favourably but remember excessive use will be penalised. NOTE: CLOUD DEAKIN HAS A BANDWIDTH OF 20MB AND THEREFORE YOU MUST USE MINIMAL PIXEL SIZE FOR YOUR PHOTOS AND LIMIT THE NUMBER. ASSINGMENTS MUST BE SUBMITTED VIA THE CLOUD AND NO OTHER MEANS OF SUBMISSION CAN BE ACCEPTED.
 
The report must be professionally presented and follow API guidelines where appropriate to do so, utilising appendices and be in keeping with industry practice and standards. It must also be properly referenced in accordance with Deakin University requirements (see the library website if you are not sure how this is done).
 
Learning outcomes
 
This assignment has been designed to develop core professional knowledge and skills as part of your PRE course at Deakin. By completing this assignment responsibly you will be able to:
 
a.       Find appropriate information to support evaluation of an investment property (links to ULO1)

2. Evaluate and organise information of investment markets in logical and coherent manner (links to ULO1 and ULO2)
3. Critically analyse and evaluate information gathered (links to ULO2)
4. Communicate information accurately and professionally (links to ULO2 and ULO3)
5. Refer to information sources accurately using the required format (links to ULO1 and ULO3)

 
The skills and knowledge noted above are highly regarded by property professionals and employers.
These specifically relate to the Unit Learning Outcomes:
ULO1- Explain the characteristics of property in relation to asset investment
ULO2- Analyse the investment viability of property assets utilising contemporary industry methodologies and data

ULO3- Apply discipline knowledge and investment analysis methodologies to make informed judgements
Assessment criteria
 
To help you to maximise your assessment and to improve your skills, this assignment will be marked in accordance with a marking rubric. Use this rubric to guide you throughout the development of your report. It is designed to guide you towards developing reports in accordance with industry expectations.
 
 
Submission instructions
 
 
 
  MMP 212 Property Investment Property Market Analysis 代写