Abstract

Abstract This paper presents the perceptions of academics on real estate topics offered in Bachelors Real Estate (BRE) curricula in Africa. In order to understand the perceptions of academics on real estate topics, a survey of seven selected BRE curricula offered in different regions of Africa was conducted to determine important real estate topics academics included in the curricula. After analyzing the curricula, sorting and re-grouping the topics: Real estate management, Real estate valuation, Real estate economics, Real estate finance and investment, Real estate development, Real estate law, Real estate planning, Real estate research, Real estate industrial training and Real estate electives emerged to be important topics the academics considered to include in the curricula. The topics are in line with those expected in a real estate curriculum. In addition, results revealed that BRE curricula follow the interdisciplinary approach to real estate education. Findings will encourage universities in Africa and elsewhere to develop comprehensive real estate curricula or improve existing ones to accommodate the interdisciplinary approach and the international perspective of real estate education because of their benefits. The study will also support the harmonization of real estate education, practice, investment and business in Africa, hence contributing towards the economic development of the continent.

Highlights

  • With the advent of the African Union (AU) in 1999, countries on the African continent agreed to work together and accelerate processes of regional integration, cooperation and economic development in order to reduce poverty and unemployment on the continent (AU webpage at www.au.int.en)

  • The main method that was used to determine perceptions of academics on real estate topics and themes in Africa was the analysis of study guides of selected comprehensive Bachelors Real Estate (BRE) curricula offered in Africa

  • This study was aimed at determining the perceptions of academics on topics and themes included in BRE curricula offered in Africa

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Summary

Introduction

With the advent of the African Union (AU) in 1999, countries on the African continent agreed to work together and accelerate processes of regional integration, cooperation and economic development in order to reduce poverty and unemployment on the continent (AU webpage at www.au.int.en) (accessed 1/2/2020) This magnificent vision has encouraged real estate professionals and REAL ESTATE MANAGEMENT AND VALUATION, eISSN: 2300-5289 vol 29, no. Just like in other parts of the world, relationships between real estate academics and researchers are on the increase on the African continent through faculty visitation programs, research collaborations, research conferences and meetings (Schulte, 2002) This has necessitated real estate academics in Africa to analyze and compare real estate topics offered at different universities on the continent with the intention of harmonizing topics offered in the curricula. The study will support efforts of AU in achieving its vision of regional integration, cooperation and economic development, as well as the reduction of poverty and unemployment by its participation through harmonized and high quality real estate education, practice, investment and business on the African continent

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