The Brief for Assignment

This Assignment 2 is an individual work. It is a continuation of Assignment 1 and based on the same property located at 60-70 Elizabeth Street, Sydney. The heritage building was completed in 1929/30, with major refurbishment over 1985 – 1988 and a substantial foyer upgrade in 2004. Whilst Assignment 1 is related to property market analysis and strategic asset management plan, this Assignment extends your knowledge and skills to sustainable property management in the office sector.

As the property management consultant, you are required to submit a business case report to introduce a sustainable property management strategy for improvement of the operating and asset performance of this existing property to the property owner. Along with all other relevant matters, this ‘sustainable property management report’ is to include the following:

  1. Discuss how the sustainability concept is being implemented within the office property sector globally and in Australia during the last decade, highlighting the trends, achievements and current stage in the implementation of sustainability to existing buildings.
  2. Evaluate the property owner’s and the tenant’s views towards sustainable property.
  3. Recommend what environmental improvement and property management measures should be adopted for this property to achieve such benefits. Make all necessary assumptions in relation to the building design, construction and existing sustainable performance.
  4. Examine how the possible barriers of introducing such measures to this property can be overcome, addressing the concerns of the property owner and tenants.
  5. Salient facts of sustainable property management practice in existing buildings and conclusions on the proposed green measures for this property.

Length of the final report: 10 pages (2000 words); you may extend this limit to 12 pages.

NB:

    • All arguments should be properly cited in the reports and a list of all references that you have used should also be given.
    • Assignment length limits are defined in terms of pages. This limit includes illustrations and references. The page size must be A4 and the font size for text should be 12-point Times Roman or equivalent. Use a wide margin and one and half spacing.
    • Use the attached Cover Sheet when the report is submitted.