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BU5563: REAL ESTATE FINANCE (2018-2019)

Last modified: 22 May 2019 17:07


Course Overview

The course introduces students to concepts of portfolio management and recent developments regarding real estate investment vehicles. The course takes a financial economics viewpoint and places real estate investments within this context. The course covers such important aspects as securitization of initially illiquid real estate assets, the management of building portfolios and the use of index swap contracts for risk management purposes. The course discusses also real option theory and applies it to land development and the pricing of lease contracts.

Course Details

Study Type Postgraduate Level 5
Term Second Term Credit Points 15 credits (7.5 ECTS credits)
Campus None. Sustained Study No
Co-ordinators
  • Dr Rainer Schulz

What courses & programmes must have been taken before this course?

  • Either MSc in Real Estate (Commercial Option) (Studied) or MSc in Real Estate (International Option) (Studied)
  • Any Postgraduate Programme (Studied)

What other courses must be taken with this course?

None.

What courses cannot be taken with this course?

None.

Are there a limited number of places available?

No

Course Description

This course covers the following: Interaction between property use and investment Property investment analysis and management Property portfolio selection Options in property: lease structure, real options and land values REITs and mortgages from an investment perspective


Contact Teaching Time

Information on contact teaching time is available from the course guide.

Teaching Breakdown

More Information about Week Numbers


Details, including assessments, may be subject to change until 30 August 2024 for 1st term courses and 20 December 2024 for 2nd term courses.

Summative Assessments

Continuous assessment (75%) and 1 one-hour written part-examination (25%)

Resit: 100% on written examination.

Formative Assessment

There are no assessments for this course.

Feedback

None.

Course Learning Outcomes

None.

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