AAR4828 - Real Estate Development


Examination arrangement

Examination arrangement: Assignment
Grade: Letters

Evaluation Weighting Duration Grade deviation Examination aids
Assignment 100/100 ALLE

Course content

The course will provide knowledge about real estate development, strategic thinking, main development processes, understanding of actors and their needs, goals, methods and development trends. It gives a good understanding of the qualitative, architectural and urban aspects of real estate development, and the context in which real estate development projects take place. The course highlights the sustainability perspective in urban development.

The course content:

- Real estate development and urban planning

- Land use (residental and business)

- Location theory

- Market and development appraisal

- Real estate portfolio

- Real estate development processes and agreements


Weight will be on planning premisses, marked analyzes and feasability studies.

Learning outcome

KNOWLEDGE - the student;


• has good knowledge of the most important elements of real estate development projects and how this can be related to a sustainability perspective

• has in-depth knowledge of property development, the key players and methods and tools related to target definition, feasibility studies and needs assessments

• has in-depth knowledge of localization theories and the planning assumptions that exist for property Development

• has good knowledge of trends, financial and market assessments of property projects

• has in-depth knowledge of how property development projects can be carried out and contractual issues related to this

• has in-depth knowledge of different tools related to calculations, risk management and strategies that can be used in different phases of property development



ABILITY - the student;

• can analyze and relate critically to various information sources related to property development and apply these to structure and formulate professional reasoning

• can conduct independent assessments and analyzes of the projects' critical frameworks, process requirements, profitability and risk profile, and work strategically to develop projects in terms of value creation and sustainable Development

• can use relevant theory and empiricism to discuss important issues related to property development and make recommendations on improvements based on this

• can conduct an independent, limited project / case study under supervision and in accordance with good practice



• has in-depth knowledge and understanding of property development, the various phases and how different factors affect the process and outcome

• has a good understanding of the qualitative, architectural and urban aspects of real estate development, and the context in which real estate development projects take place

• can work independently on property development projects and make the necessary economic and market assessments of real estate projects and weigh them against other important framework factors

• can use relevant academic terms and expressions related to property development and disseminate results from independent project work both in a structured and clear manner

• has a well-developed understanding of professional and ethical integrity and critical reflection

Learning methods and activities

Lectures, excercises and seminars

Further on evaluation

Assessment based on a project assignment. Grades are given on the basis of the completed project assignment. The project assignment may be carried out as group work with a common character for the group.

You can register for a re-scheduled exam in the next exam period

Required previous knowledge

Completed three years basic courses in architecture, planning, civil engineering, real estate / Facility Management or equivalent bachelor degrees


Requires good language skills in Norwegian

Course materials

Leikvam og Olsson, 2014, Eiendomsutvikling; Samset, 2008, Prosjekt i tidligfase; Bærug, 2017, Verdsetting av fast Eiendom. Report and articles

More on the course



Version: 1
Credits:  7.5 SP
Study level: Second degree level


Term no.: 1
Teaching semester:  AUTUMN 2021

Language of instruction: Norwegian

Location: Trondheim

Subject area(s)
  • Building Technology
  • Urban Design and Planning
  • Architectural Design and Management
  • Construction Engineering
  • Architecture and Economics
Contact information
Course coordinator:

Department with academic responsibility
Department of Architecture and Planning


Examination arrangement: Assignment

Term Status code Evaluation Weighting Examination aids Date Time Examination system Room *
Autumn ORD Assignment 100/100 ALLE INSPERA
Room Building Number of candidates
  • * The location (room) for a written examination is published 3 days before examination date. If more than one room is listed, you will find your room at Studentweb.

For more information regarding registration for examination and examination procedures, see "Innsida - Exams"

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