Discuss and evaluate the position of real estate as an investment asset in the national and global investment market Assessment (Re-sit) Brief Submission details Module title: Real Estate Investment and Development
Module code: UBLMLW-30-M
Assessment title: Task 2: Individual Investment Report (2,500 words)
Assessment type: Written Assignment
Assessment weighting: 37.5% of total module mark
Total available marks: 100 Marks
Size or length of assessment: 2,500 Words Maximum word count (no +/- 10% to be used) Including preliminary pages, tables, figures, and the executive summary, but excluding the reference list and appendix.
Module learning outcomes assessed by this task: Discuss and evaluate the position of real estate as an investment asset in the national and global investment market
Identify and analyse risk in investment and critically evaluate portfolio strategies and techniques to manage such risk
Critically discuss, evaluate, and apply different asset pricing theories to real estate, and alternative ways of investing in real estate
Use of AI in assessment: For this assessment, students can use AI to help find relevant sources and summarise key points. They should use this information to inform their writing and must properly attribute all sources to avoid plagiarism. Students can also use AI for drafting, organising ideas and improving the clarity of writing. Lastly, students can use AI tools to enhance their drafts but must ensure that the final content is their own work.
Remember that generative AI is often inaccurate, creating false references, out-of-date detail and false information (known as ‘hallucinations’).
For more information on using AI in assessment read carefully and follow “Using generative AI at UWE Bristol, A guide to when and how to use generative AI”: Using generative AI at UWE Bristol – Study skills | UWE Bristol
Guidance on Referencing (including AI): Please note that the aim of referencing is to demonstrate you have read and understood a range of sources to evidence your key points. You need to list the references consistently and in such a way as to ensure the reader can follow up on the sources for themselves.
The assessment must be written to a high professional standard, incorporating references to relevant sources in accordance with the UWE Harvard referencing style. The reference list is excluded from the word count (2,500 words).
Referencing – Study skills | UWE Bristol
Submission and feedback dates Submission deadline: Before 14:00 on Monday July 13th , 2026 for Attending and Distance Learning students
This assignment is eligible for 48-hour late submission window (uncapped), however you CANNOT apply for Reasonable Adjustments (7-day extension)
N.B. all times are 24-hour clock, current local time (at time of submission) in the UK.
Submission format: 2 files, 1 Word and 1 Excel in every submission that you might make.
Marks and Feedback due on: August 3rd, 2026 (at the latest)
Marks and Feedback will be provided via: Blackboard Completing your assessment
What am I required to do on this assessment? The coursework is intended to provide you with the opportunity to demonstrate understanding and integration of the various aspects of the program and this module. The aim should be to apply investment fundamentals to real estate and then use this knowledge to create a real estate portfolio with the parameters provided in the brief.
Format: Submission must have two (2) electronic files ONLY in the following format
The report and any appendices MUST be submitted as a single MS WORD file only.
A single spreadsheet file (MS Excel or similar) containing (at least) one (1) separate worksheet (labelled appropriately) for the appendices of all the calculations.
Note: Please DO NOT just paste pictures of extracts of the Excel file since we will need to see the formulas used in your calculations. Ensure that this Excel file is uploaded as a separate file and DO NOT EMBED it in the MS WORD file – embedded files that cannot open will be deemed missing and, therefore, make your work incomplete.
The Brief: Scenario You are the fund manager of a UK based (core+) hedge fund seeking to create an INTERNATIONAL real estate portfolio for the investment side of the fund. The directors have instructed you to advise them on the sectors from which real estate assets can be acquired to set up this real estate-based investment portfolio. You are required to create a diversified real estate portfolio by investing across (at least) three different property sectors (e.g. office, retail, hotel, logistics or industrial, and social housing etc.) internationally (outside of the UK). The amount of capital for investment is £300 million which MUST all be exhausted.
You should submit a typed WORD report of 2,500 words and ONE Excel file comprising calculations regarding the composition of the portfolio and performance analysis.
The report should address three key areas:
The development of an investment strategy, explaining the reasoning, assumptions, and objectives of the portfolio
The construction of the portfolio within the parameters set out above, justifying how it fulfils your defined investment strategy.
An analysis of the portfolio to include performance measurement and risk analysis.
Task 2: The Investment Report The report should state your aim and objective. What risk and return are you aiming for and why.
The report should clarify all key performance and risk indicators, sector and country specific macroeconomic information. It should explain why these countries/sectors have been chosen.
Your investment report should have an executive summary (separate A4, not in word-count).
The information used for the report should be referenced according to UWE Harvard style.
The portfolio should produce both capital growth and income return. Income will be re-invested in the property fund.
The selected sectors invested in do not all have to be overseas (but at least 3 should be).
Both direct and indirect property investment is permitted.
Transaction costs (and currency risk) should be ignored as this will be covered at the top fund level.
You should NOT drill down to the property level (i.e. looking at buildings) but work at the sector level.
You should show at least 15 years of performance data for the chosen sectors
The Portfolio: Where should I start? You need to start by reading the JLL Global Transparency index and downloading data from the MSCI Real Estate Analytics Portal. Not using the MSCi Real Estate data constitutes a fail.
What do I need to do to pass? To achieve a pass (50%), your submission should:
Demonstrate a basic understanding of the brief
Be presented professionally with few grammatical or typographical mistakes
Develop clear investment objectives in line with modern portfolio theory
Clearly explain why your chosen investment strategies are preferred over other alternatives
Indicate what sectors have been included in the portfolio (use of appendices and schedules is advisable)
Carry out market analysis to help you with the selection
Explain the selected investments concerning the investment strategy
Work within the parameters of the board of directors
Offer brief risk analysis in relation to the portfolio constructed
Offer simple benchmarking analyses of the performance both at asset and portfolio levels; and
Undertake some simple analysis of the portfolio concerning its diversification.
How do I achieve high marks in this assessment? To achieve a distinction, your submission should:
Fully satisfy all the requirements necessary for a pass grade, including presenting a well-structured development appraisal and land bid, supported by evidence and clear explanations.
Ensure the report is presented to a high professional standard, utilising well-designed graphics, tables, and relevant images to enhance clarity and impact.
Provide detailed connections between the investment strategy and the construction of the portfolio
Undertake detailed and in-depth analysis of the portfolio in terms of its diversification in several areas, and
Provide in-depth analysis of the projected performance of the portfolio and its constituent elements against a range of established forecasts.
Go beyond basic explanations to show insight and originality in your report.
Support your arguments with credible and up-to-date academic sources, real-world examples, and relevant quotes or insights from lecture materials.
Incorporate appropriate data, calculations, and analysis where required.
Organise your submission logically, with clear headings, subheadings, and a coherent flow of ideas.
Write concisely and professionally, avoiding unnecessary jargon.
Show critical evaluation and the ability to compare, contrast, and synthesise different perspectives or sources.
Provide well-reasoned conclusions and recommendations based on your analysis.
Use professional formatting, including tables, charts, and diagrams, to enhance the clarity of your arguments and data.
Ensure your report is visually appealing and easy to read.
Double-check all calculations, data interpretations, and references for accuracy.
Avoid vague or unsupported statements; ensure every claim is substantiated.
Use the UWE Harvard referencing style correctly for all sources cited in your work, including a comprehensive and properly formatted reference list.
Review your work thoroughly to eliminate errors in grammar, spelling, and punctuation.
Ensure your writing is polished and maintains a professional tone.Demonstrate creativity or innovation in your approach where appropriate.
Provide insights or applications that go beyond the standard requirements, showcasing a unique perspective or added value.
How does the learning and teaching relate to the assessment? The aim of this coursework is to assess your knowledge of how investment fundamentals can be applied to real estate investment.
What additional resources may help me complete this assessment? Engage in discussions, seek clarification when needed, and take advantage of all available resources to ensure you’re well-prepared to complete the assessment.
Review the recommended reading list for key texts and resources that provide essential background knowledge and insights.
Actively participate in class discussions and ask questions during lectures, tutorials, or guest speaker sessions. Don`t hesitate to request further clarification or explanation of complex topics.
Use JLL Global Transparency Index, CoStar and MSCI Real Estate Analytics Portal
Refrain from seeking clarification or asking questions about the assignment via email. To ensure all students have equal access to information and maintain transparency and accessibility, any questions related to the assignment will be addressed during lecture sessions, Coursework Guidance and Feedback on development report sessions, or through the “Discussion Board” on Blackboard.
Check the “Discussion Board” on Blackboard for answers to previously asked questions or additional guidance.
Before posting a new question, search the board to ensure your query hasn’t already been addressed. If not, post your question and tag the relevant tutor for assistance.
Check UWE library study skills,including:
Critical thinking and writing – Reading and writing | UWE Bristol
Writing – Reading and writing | UWE Bristol
What do I do if I am concerned about completing this assessment? It is recommended that you review all of the relevant materials on Blackboard. You can also speak to your module leader for advice and guidance. UWE Bristol offer a range of Assessment Support Options that you can explore through this link, and both Academic Support and Wellbeing Support are available.
For further information, please see the Academic Survival Guide.
How do I avoid an Assessment Offence on this module? Use the support above if you feel unable to submit your work for this module.
While collaboration and sharing ideas with others are encouraged, ensure that the work you submit is entirely your own and completed independently to avoid collusion. Use available tools and software wisely and ethically to enhance your report. Avoid relying solely on them, as this assessment aims to evaluate your knowledge and understanding.
Do not copy content from previous students’ coursework, as plagiarism detection systems and markers will identify this, leading to potential assessment offenses. Always credit sources appropriately using the UWE Harvard referencing style to ensure academic integrity.
In line with UWE Bristol’s Assessment Content Limit Policy (formerly the Word Count Policy), word count includes all text, including (but not limited to): the main body of text (including headings), all citations (both in and out of brackets), text boxes, tables and graphs, figures and diagrams, quotes, lists.
UWE Bristol’s Assessment Offences Policy requires that you submit work that is entirely your own and reflects your own learning, so it is important to:
Ensure you reference all sources used, using the UWE Harvard and the guidance available on UWE’s Study Skills referencing pages.
Refer to peer reviewed primary sources, rather than using AI or secondary sources
Avoid copying and pasting any work into this assessment, including your own previous assessments, work from other students or internet sources
Develop your own style, arguments and wording, so avoid copying sources and changing individual words but keeping, essentially, the same sentences and/or structures from other sources
Never give your work to others who may copy it
If an individual assessment, develop your own work and preparation, and do not allow anyone to make amends on your work (including proof-readers, who may highlight issues but not edit the work) and
When submitting your work, you will be required to confirm that the work is your own, and text-matching software and other methods are routinely used to check submissions against other submissions to the university and internet sources. Details of what constitutes plagiarism and how to avoid it can be found on UWE’s Study Skills pages about avoiding plagiarism.
Marks and Feedback Your assessment will be marked according to the following marking criteria. You can use these to evaluate your own work before you submit.
