Each year, the Real Estate students through their Association plans a study trip to learn more about diverse and emerging real estate markets. On March 18,2017, Year 1 students pursuing a Bachelor’s degree in Real Estate Management went on a real estate study trip Parliamentary Village in Kitukutwe and Mirembe Villas-Kigo. The trip was organized by the Makerere University Real Estate Students’ Association; an umbrella association of all real estate students and supported by the Department of Finance, in the Faculty of Commerce. The study trip intended to give the students exposure and acquainting them with the practical experience of real estate as well as comparing class work with the actual real estate practices. During the trip the students were subjected to land measurements and making valuation reports.
The first destination was at Kitukutwe and here, the students were exposed to land measurements. This was facilitated by Mr. Tukundane Francis whom we found at the site. He divided the students into groups and assigned them to find measurements of 3 different plots of land, to draw sketches of the plots and come up with the value of the plots after measurement. The students gladly took part in this exercise.
At Mirembe Villas-Kigo, the students were received by Ms. Praise Nshemirwe, the property consultant at the site. She briefed the students on how business is conducted at the estate. Mirembe villas is a real estate development project that was geared in after the partnership of Buganda Land Board and a Chinese construction company by the name of Gouji Group of companies with the aim of providing world class residential houses that are sustainable to all within the best environment and neighborhood. This project is to take 3 phases, currently on the 1st phase.
The study trip was a success and to a larger extent profitable to the year 1 real estate students.
As Makerere University Real Estate Students’ Association, we would like to thank our dear lecturers who went along with the students and offered guidance during this study trip as well as companies and staff personnel that accepted us to have the study trip at their estate in addition to the
time and knowledge they shared with the students. Not forgetting the support and efforts rendered
by the Department of Finance and Faculty of Commerce to see that this study trip successfully
comes to pass.
JESSE JOEL MUKASA
President -MURESA (2016/2017)