General MBA / Overview

Real Estate Management and Regional Development

Course Description

The aim of this course is to develop students’ capability to act in real estate development and regional development situations consciously, based on a profound understanding of the principles of both disciplines and their interdependencies. The course will cover topics such as

  • Roots and principles of urban and regional planning in Europe
  • Market failure and possible solutions (theory of the public goods)
  • The shift towards steering urban and regional development and the method of strategic muddling through (chaos theory and globalization)
  • Success factors of real estate projects
  • Agents and their interest, agency models, agency problems and possible solutions (principal-agent theory)