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Real Estate Finance (2235.YR.008004.1)

General information

Type:

OPT

Curs:

1

Period:

S semester

ECTS Credits:

3 ECTS

Teaching Staff:

Group Teacher Department Language
Year 1 Antoni Candini Díaz Economía, Finanzas y Contabilidad ENG

Prerequisites

This course is restricted to MSc in Finance students.

Previous Knowledge


COURSE CONTRIBUTION TO PROGRAM

Providing students with a comprehensive understanding of the intricacies of real estate markets and the financial principles that underpin them. This course offers a specialized focus on the unique dynamics, challenges, and opportunities within the real estate sector, equipping students with essential knowledge and skills to navigate this complex and evolving field.

Course Learning Objectives

Students gain a solid foundation in the fundamental concepts and theories related to real estate investment, development, and financing. They develop a deep understanding of the various financial instruments, strategies, and analytical tools employed in real estate transactions, enabling them to assess investment risks, evaluate potential returns, and make informed decisions in real estate investment and development scenarios.

The course delves into key topics such as real estate valuation, property analysis, mortgage markets, debt financing, equity investment, real estate investment trusts (REITs), and risk management within the real estate context. Through case studies, simulations, and practical exercises, students acquire hands-on experience in analyzing real-world real estate deals, conducting due diligence, and structuring investment portfolios.

CONTENT

1. The Introduction to Real Estate

2. Understanding Asset Classes

3. Valuations

4. Financing Real Estate

5. ESG & Proptech

6. REITs (Socimis)

Methodology

Theory: The course will provide a strong theoretical foundation in real estate finance, covering concepts such as valuation, mortgage markets, and risk management.
Business Cases: Students will engage in practical application through business cases, analyzing real-world scenarios to understand the complexities and challenges of real estate finance.
Guest Speakers: Industry experts and professionals will be invited as guest speakers, offering valuable insights, practical experiences, and real-time perspectives on the latest trends and practices in the field of real estate finance.

Assessment criteria

The Final grade is determined as follows:

30% Final Exam
30% Final Group Project and presentation
10% Peer evaluation
30% Class participation and assignments


Important clarifications:

1. To pass the course, a minimum grade of 50% is required on both the final exam and the weighted average of all three components listed above. Specifically, if both the final exam mark and the weighted average are above 50%, then the weighted average becomes the final grade for the course. Otherwise, the final grade for the course will be the lower mark of the two.

2. In case a retake exam is needed, the grade will be 100% determined by the retake exam grade.

Bibliography


Timetable and sections

Group Teacher Department
Year 1 Antoni Candini Díaz Economía, Finanzas y Contabilidad

Timetable Year 1

From 2024/4/23 to 2024/5/6:
From Monday to Tuesday from 8:00 to 9:30.
From Monday to Tuesday from 9:45 to 11:15.

From 2024/5/14 to 2024/6/4:
Each Tuesday from 8:00 to 9:30.
Each Tuesday from 9:45 to 11:15.

Tuesday 2024/6/11 from 8:00 to 11:15.