An Intensive 10-day Training Course
Real Estate:
Market Analysis, Appraisal, Finance & Investment
Modules
This course is split in two modules:
Module 1: Real Estate Market Analysis & Appraisal
Module 2: Real Estate Finance & Investment
Each module is structured and can be taken as a stand-alone training course; however, delegates will maximise their benefits by taking Module 1 and 2 back-to-back as a 2-week training course.
Course Outline
Module 1: Real Estate Market Analysis & Appraisal
- Real Estate Strategy
- Comparing Real Estate Developer Strategies
- Key Risks for Real Estate Development and Investment
- Planning for Development
- Estimating Costs
- Financing
- Analysing Individual Properties
- Valuation Techniques
- The Role of the Surveyor
- PGI, EGI, and NOI - Calculating and Forecasting Income
- Advantages and Disadvantages of Excel
- Integrating Externalities and the Valuation of Multiple Properties
- Tenancies and the Law
- Valuation Report
Module 2: Real Estate Finance & Investment
Day 6
Overview of real estate finance and invest
- An international overview of real estate market.
- Banking and real estate.
- Fund managers.
- Valuation standards.
- Investment value.
- Mortgage lending value.
- Sales comparison approach.
- Cost approach.
- Income approach.
Day 7
Source of Finance for real estate
- Potential Funding Sources for real estate
- Long Term Source of Finance
- Short Term Source of Finance
- Evaluation of the Types of Finance in real estate
- Equity Finance
- Debt Finance available for real estate
- How to estimate the Cost of Weighted Average Cost of Capital (WACC) for real estate firms.
- Application of Capital Asset Pricing Model (CAPM) in real estate.
- Measures of Risks in real estate investments.
Day 8
Investment Decisions in real estate.
- The principal of cash flow forecast
- Evaluating real estate Investment Decision using
- Payback
- Accounting Rate of Return (ARR)
- Net Present Value (NPV)
- Internal Rate of Return (IRR)
- Analysing real estate Investment Decision using
- What If Analysis
- Sensitivity Analysis
- Simulation
- Applying Economic Value Added to real estate investments.
Day 9
Asset Allocation Strategies in real estate investment
- Investment Opportunities in real estate.
- Real estate Required Rate of Return.
- Sustainable Investment Strategies.
- Risk and return of real estate investments.
- Portfolio Theory application in real estate business.
- Estimation of systematic risk for real estate firms.
Day 10
Assessment of Business Performance in real estate
- Ratio analysis for real estate business.
- Management’s point of view.
- Owners’ point of view
- Lenders’ point of view
- Ratios as a system – pyramids of ratios
- Integration of real estate financial performance.
- Predicting financial distress for real estate firms.
Certificate
Oxford Management Centre Certificate will be provided to delegates who successfully completed the training course.
In association with
Duration
10 Days
Format
Classroom
Language
English
