The Chair for Real Estate Development was founded in the winter term 2015/ 2016 and is dedicated to a wide range of economic issues for real estate in the context of architecture and urban development. The research focus lies on the development, planning, realization and management of sustainable and economic buildings as well as infrastructures over their life cycle. Current topics in the field of planning economics are considered for complex construction tasks with respect to both, the planning process and the planning object, such as a building or an urban district.
The research focuses on the optimization of project development and planning processes in consideration of changing requirements for the building construction and use. Against the background of current findings in both, digitalisation (Building 4.0) and overall life cycle analysis, the integration of innovations from the construction industry and other sectors gains in importance.
Another research focus is the enhancement of the real estate development approach for specific building categories such as for residential buildings, industrial or healthcare properties. Within the Corporate Real Estate Management (CREM), this also includes the development of specific standards basic principles, methods and tools as well as their integration into international planning and control processes.
The teaching program comprises, in particular, the basic principles for economic real estate analyses in the Bachelor program. Based on that, seminars, architectural designs, project and master theses are offered in the Master program for various topics, such as for cost-benefit analyses with regard to the building industry, for economic investigations, for sustainability certification or to draw up feasibility studies. The overall objective is to strengthen the design planning and optimisation process regarding property economic issues. The students also obtain the opportunity to focus on different perspectives and different scope of services regarding other project participants, such as the perspective of the owner, investor, project developer, user or operator, for instance.