About this course

  1. Introduction to the Norwegian property market. Short introduction to the plan's significance for the property values. Property development as a process. Basic urban economics
  2. Guest lecturers given by real estate developers
  3. Local real estete market analysis

Learning outcome

The student will acquire an overview of the property market in Norway incl. the different sub markets. The student should be familiar with the most important factors that influence the property markets and be able to do analyses of local property markets. The students should be familiar with property development as a process.

  • Learning activities

    Lectures ca. 4 h total per week. Self study. Project work in small groups. Individual theoretical paper.

  • Teaching support

    • Some supervision in connection with project work/group work.
    • Study platform Canvas
    • Timetable TimeEdit

  • Syllabus

    Geltner, D. M., Miller, N. G., van de Minne, A., Eichholtz, P., Lindenthal, T. & Shen, L. (2026). Commercial Real Estate Analysis, Finance, and Development [4th ed.]. Routledge

    Reed, R. (2021). Property Development [7th ed.]. Routledge.

    Overview of course material and curriculum will be handed out at the start of the semester.

  • Prerequisites

    Basic knowledge of investment analysis, macro-economical topics, market analysis, education on bachelors level.

  • Assessment method

    Project assignment.

    Group assignment Karakterregel: Letter grades

  • About use of AI

    K2 - Specific use of Artificial InteIligence (AI).

    For the assignments and the course paper, you can use AI for brainstorming ideas and proofreading (language polishing). You must provide a brief description of your AI usage, specifying the tools or programs used and how they were applied. You are responsible for ensuring that the final texts adheres to the course rules and guidelines and complies with academic and ethical standards.

    Descriptions of AI-category codes.

  • Examiner scheme

    An external examiner participates in the evaluation of the examination of all the candidates.

    Conversations on the topic's content and implementation is a fixed topic during the censorship conference.

  • Mandatory activity

    1. Project work in groups, including
      • cooperation contract for project
      • project synopsis
      • presentation in plenum
      • project assignment
  • Individual paper
  • Excursion

  • Teaching hours

    Ca. 40 hours of lectures. Ca. 10 hours common supervision and presentation related to the project work.

  • Preferential right

    M-EUTV, M-EIE, M-BYREG

  • Admission requirements

    Minimum requirements for entrance to higher education in Norway (generell studiekompetanse).