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Department of Real Estate Management

Overview

Real estate management comprises the performance of management tasks at all stages of the real estate life cycle that are necessary to develop, manage, market and exploit a property in a target-oriented manner. Economic, technical, legal, environmental and social aspects must be taken into account.

Courses

The Department of Real Estate Management offers specializations in the Bachelor's degree in Business Consulting and in the Master's degree in Business Consulting and Corporate Management and provides you with the most important representatives and opinion leaders of the real estate industry as lecturers.

Real Estate Management as part of the German Bachelor’s programme Wirtschaftsberatung:

The specialisation in real estate management in the Bachelor's programme Business Consultancy provides the perfect basis for successfully gaining a foothold in the real estate sector. Moreover, it enables you, among other things, to enter the classic real estate fiduciary professions (real estate agent, real estate manager, property developer). Find out more.

By successfully completing the specialisation, you will have the following job opportunities open to you:

  • Junior real estate agent
  • Junior property manager
  • Junior Project Developer
  • Junior Asset Manager

Real Estate Management as part of the German Master’s programme Wirtschaftsberatung & Unternehmensführung:

As part of the specialisation in Real Estate Management in the Master's programme in Business Consulting and Corporate Management, you will learn all the management tasks (planning, organisation, implementation and control) required for the stages of the real estate cycle, both in the lecture hall and on the real object: developing, managing, exploiting and marketing a property in a goal-oriented manner. Specialising in real estate management is therefore your springboard to a career in management tasks in the real estate industry. Find out more.

By successfully completing the specialisation, you will have the following job opportunities open to you:

  • Real estate trustee
  • Real estate valuer
  • Real estate project developer
  • Real estate fund manager
  • Portfolio Manager
  • Corporate Real Estate Manager

Research

Our research expertise:

The Real Estate Management department is constantly involved in current research projects and publishes regularly in recognised professional journals. The constant examination of the latest developments enables us to ensure high-quality teaching.

Research project - Sustainability and property valuation:

In times of climate change, the topic of sustainability plays an increasingly central role in the most diverse areas of life. In the real estate sector, this is evident not least in the emergence of green building certificates at the beginning of the millennium, the legal regulation through the Energy Performance Certificate Act and the steadily increasing media interest in sustainable projects. Within the framework of our research project, it will be shown what importance the topic of sustainability has for the end customer and whether it is an essential factor for the (market) value.

Research project - The Vienna apartment building market - an empirical study:

Vienna apartment house deals are decreasing every year: in 2018 they were almost seven percent lower than in the previous year. Because supply is becoming scarce, prices are still rising. Despite the associated decline in yields, this type of investment is highly popular. In addition to companies, financial institutions and foundations, sole or co-owners are also classic investors in an apartment building. The research project is investigating which current trends and developments can be identified on the apartment building market.

Research project - Tax and condominium law issues in connection with short-term rentals:

The short-term letting of one's own four walls is becoming increasingly popular in Austria, after it had long been recognised that an attractive additional income can be achieved with it. However, short-term landlords are often unaware of the resulting legal consequences. In the context of a specialized article is to be referred to the tax and residential property-legal aspects.