Facility & Real Estate Management PT
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real estate valuation

level of course unit

second cycle, Master

Learning outcomes of course unit

Upon completion of this course students will be able to:
- recognize, analyze and perform standardized and non-standardized valuation procedures
- identify and understand special cases in valuation and develop possible solutions
- analyze portfolio valuations
- identify, analyze and critically evaluate research areas in the valuation of properties.

prerequisites and co-requisites

basics property valuation (Bachelor level)

course contents

- Extension and special cases of standardized valuation procedures
- Extension and special cases of non-standardized valuation procedures
- Extension of international valuation procedures and standards
- Valuation of large properties - portfolio valuation
- Hedonic pricing models - automated Valuation
- Market and property rating
- Research aspects in real-estate valuation

recommended or required reading

- Kleiber, W. (Hrsg.): Verkehrswertermittlung von Grundstücken. Köln: Bundesanzeiger, 2010
- Heimo, K.: Liegenschaftsbewertung. Wien: Manz, 2012
- Bienert, S.; Funk, M. (Hrsg): Immobilienbewertung Österreich. Wien: ÖVI, 2012
- Seiser, F.; Kainz, F.: Der Wert von Immobilien. Wien: Seiser+Seiser, 2011
- Bobka, G. (Hrsg.): Spezialimmobilien von A-Z , Köln: Bundesanzeiger Verlag, 2007
- Bienert, S. (Hrsg.): Bewertung von Spezialimmobilien, Wiesbaden: Gabler, 2005

assessment methods and criteria

House or seminar paper and presentation or poster presentation or written exam with multiple-choice items

language of instruction


number of ECTS credits allocated


course-hours-per-week (chw)


planned learning activities and teaching methods

lecture, group work, presentation and discussion of tasks

semester/trimester when the course unit is delivered


name of lecturer(s)

Koch David

year of study

1.year of studies

recommended optional program components


course unit code


type of course unit

in-class course

mode of delivery

in class course

work placement(s)

not applicable