B11 Investigate, assess, monitor and evaluate property investment performance and sustainable asset development options
B11.1 Identify and investigate property investment and disinvestment strategies
Performance Criteria - this involves being able to...(a)agree with the client suitable criteria for investment performance
(b)identify significant areas where there is potential for investment and disinvestment and select the most important for investigation
(c)agree with the client a feasible investigation brief
(d)research relevant sources of information and summarise information which is valid, reliable and relevant to future strategy
(e)canvass the opinions of experts who are not part of the immediate property culture to provide valid, reliable and relevant information to inform judgments
(f)identify changing, emerging and new trends from current property investment performance and other relevant sources of information
(g)examine the options for investment and disinvestment by consulting with stakeholders
(h)summarise the findings from the investigations clearly and unambiguously
(i)commission investigations by selecting people and organisations who are competent to do the work / The Range...
[1]Criteria:
• return on investment;
• availability of funds;
• social/community;
• political;
• ethical;
• profit;
• cost;
• value;
• environmental benefit
[2]Investigation brief:
• priorities;
• methodology;
• resources
[3]Sources of information:
• market research;
• planning processes;
• public enquiry;
• publications and magazines;
• requesting views from owners;
• managers;
• occupiers;
• institutions;
• planning and regulatory authorities;
• taxation specialists;
• business plans
[4]Options for investment and disinvestment:
• acquisition;
• disposal;
• improvement;
• development;
• redevelopment
[5]Stakeholders:
• owners;
• occupiers;
• developers;
• professionals;
• funding sources;
• agents
B11 Investigate, assess, monitor and evaluate property investment performance and sustainable asset development options
B11.1 Identify and investigate property investment and disinvestment strategies
The Evidence - performance and processProduct Evidence:
(1)Research on future investment strategies which include: agreed criteria for investment, information summaries; expert opinion; changing, emerging and new trends (a,d,e,f) [2,3]
(2)Investigation brief(s) (c) [2]
(3)Summary(ies) of the findings of the investigation(s) (g,h) [4,5]
(4)Record(s) of commissioning investigations (i) [2]
Process Evidence:
None applicable / The Evidence - knowledge and understanding
(1)How and why do you agree with the client suitable criteria for investment performance? (evaluation) (a) [1]
(2)How and why do you identify significant areas where there is potential for investment and disinvestment and selecting the most important for investigation? (synthesis) (b) [2,3]
(3)How do you canvass the opinions of experts? (application) (e) [2]
(4)How and why do you agree with the client a feasible investigation brief? (evaluation) (c) [3]
(5)How do you summarise information which is valid, reliable and relevant to future strategy? (application) (d) [3]
(6)How and why do you research relevant sources of information? (analysis) (d) [3]
(7)How and why do you identify changing, emerging and new trends from current property investment performance and other relevant sources of information? (analysis) (f) [3]
(8)How and why do you examine the options for investment and disinvestment? (analysis) (g) [4,5]
(9)How do you summarise the findings from the investigations? (application) (h) [1]
(10)How and why do you commission investigations? (evaluation) (h) [1]