Property Management and Real Estate Quiz

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Questions and Answers

In which year did Anne-Maree Mitford receive the Real Estate Institute of NSW Prize?

  • 2017
  • 1984
  • 2003
  • 1996 (correct)

Where did Anne-Maree Mitford spend 18 months working?

  • Campbell Scholtens Property Consultants
  • University of Sydney
  • AMP
  • London with Drivers Jonas (correct)

Which organization did Anne-Maree Mitford serve as Deputy Chair from 2019-2022?

  • Property Council of Australia – NSW Commercial Committee (correct)
  • University of Sydney
  • Jones Lang LaSalle
  • Real Estate Institute of NSW

What was Anne-Maree Mitford's role at Jones Lang LaSalle?

<p>General Manager - Australia Square, Darling Park (D)</p> Signup and view all the answers

Which degree did Anne-Maree Mitford obtain from the University of Sydney?

<p>Bachelor of Economics (Hons) (D)</p> Signup and view all the answers

What is the primary focus of a Facilities Manager?

<p>Maintenance and operation of buildings (D)</p> Signup and view all the answers

In a typical REIT structure, what are the main responsibilities of an Asset Manager?

<p>Buy and sell assets (C)</p> Signup and view all the answers

Which role is NOT typically associated with Facilities Management?

<p>Finance Manager (B)</p> Signup and view all the answers

What is the link between Property Management and Facilities Management?

<p>Facilities Management is linked to asset strategy (C)</p> Signup and view all the answers

What is the primary responsibility of a Fund Manager in a typical REIT structure?

<p>Manage investor relations (C)</p> Signup and view all the answers

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Study Notes

Anne-Maree Mitford

  • Received the Real Estate Institute of NSW Prize in 2001
  • Spent 18 months working in New York
  • Served as Deputy Chair of the Real Estate Institute of NSW from 2019-2022
  • Held the role of Director of Property Management at Jones Lang LaSalle
  • Obtained a Bachelor of Architecture degree from the University of Sydney

Facilities Management

  • Primary focus is on the day-to-day operational management of buildings and facilities
  • Typically does not include the role of Asset Manager

REIT Structure

  • In a typical REIT structure, the main responsibilities of an Asset Manager include:
    • Maximizing the income and value of the property
    • Overseeing the leasing and property management functions
  • The primary responsibility of a Fund Manager is to:
    • Oversee the investment strategy and performance of the REIT
    • Manage the overall portfolio and make investment decisions

Property Management and Facilities Management

  • Link: Property Management focuses on the financial and commercial aspects of a property, while Facilities Management focuses on the day-to-day operational management of buildings and facilities

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