Real Estate Investment and Valuation
Volledige vakbeschrijvingReal estate is a major asset class in institutional investors’ portfolios. In general these investors get equity exposure through the stock market, so their exposure to the underlying assets (oil wells, factories, human capital) is indirect. In real estate, this is different. Institutional investors often buy and own the real estate assets directly. Understanding the investment and valuation process in real properties is therefore essential for an institutional real estate investor, but also for real estate advisors, bankers, and property developers. The skill Real Estate Investment and Valuation will teach second-year Bachelor students how they can apply the financial knowledge they have acquired to real-life property investment situations, using international investment cases that are rooted in reality.
Doelstellingen van dit vakAcquire a thorough understanding of real estate valuation and financing techniques.
VoorwaardenBasic knowledge of financial markets; basic knowledge in finance; an advanced level of English, general interest in real estate.
Aanbevolen literatuurSelected chapters from:
- Ling and Archer, Real Estate Principles, 3rd edition, 2010?- Geltner et al.,Commercial Real Estate Analysis and Investments, 3rd edition, 2013?- Brown and Matysiak, Real Estate Investment: A Capital Market Approach, 1st edition, 1999
- Various articles and reports (links will be provided)