Instructional goals
The course was designed to give people involved in a full time professional, managerial and entrepreneurial activity the possibility of a professional growth and personal success in real estate finance, management of territory development projects, development and management of real estate assets.
The program is aimed at studying in depth every single subject and activity pertaining to the real estate industry: accordingly, a multidisciplinary approach was chosen, which enables the training of resources that can meet the needs of a market oriented to international standards.
The Course was designed for those who wish to invest on their own development, enhancing their own personal effectiveness, but also those who aim at seizing an opportunity for promoting and valorizing their human resources, by enhancing their skill-level, training and specialization level benefiting from a highly qualified and international level training opportunity.
Prerequisites
Corporate Finance
Intended learning outcomes
Knowledge of topics related to Real Estate Market
Course Contents
The program is aimed at studying in depth every single subject and activity pertaining to the real estate industry: accordingly, a multidisciplinary approach was chosen, which enables the training of resources that can meet the needs of a market oriented to international standards.
The Course was designed for those who wish to invest on their own development, enhancing their own personal effectiveness, but also those who aim at seizing an opportunity for promoting and valorizing their human resources, by enhancing their skill-level, training and specialization level benefiting from a highly qualified and international level training opportunity.
Reference Books
Teaching materials
Papers
Reference Books
Teaching Methods
Lectures
Assessment Method
Oral exams
Thesis assignment criteria
Curriculum Studiorum
Does the syllabus cover sustainability topics?
Sustainability and EGC criteria in RE Development and strategies
Week 1 Contenuto sessioni on line e on campus
Real Estate Market: Topics
Topics and market cycles
Principles, models and operating rules,
Actors and Process of the RE Market
Phases of the real estate cycle
Deals in RE Market
Week 2 Contenuto sessioni on line e on campus
Characteristics of real estate assets .
Investment and Profitability Realty.
Risk profiles and real estate investment return
Sectors of the real estate market ( housing, industrial , office , commercial, leisure )
Week 3 Contenuto sessioni on line e on campus
Real Estate Property & Real Estate Facility
strategies and administration
Processes and roles in real estate management , Cycle Active, Passive and Controlling
Processes and operational tools of real estate management
Management of the relationship with tenants and reporting of a portfolio
Week 4 Contenuto sessioni on line e on campus
RE Due Diligence
Topics of Due Diligence
legal and documental Diligence
technical Diligence plant
energy and environmental Diligence
Tax Diligence
Case Study: Due Diligence Report
Week 5 Contenuto sessioni on line e on campus
Risk Management in RE Market & Investments
Identification, risk analysis and decision
Measurement models and Risk Management
Risk Identification
Risks not diversifiable
Risk of a Real Estate Portfolio
insurance cover for the different actors of the housing market , signs
Case Study: Analysis of a Model of Risk Measurement
Week 6 Contenuto sessioni on line e on campus
Business Plan
Topics
Executive Summary
Gantt
Financial Plan
Case Studies & Exercises
Week 7 Contenuto sessioni on line e on campus
RE Valuation
Models & Criteria
RE Asset
RE Portfolio
RE Companies
Exercise: DCF Models
Week 8 Contenuto sessioni on line e on campus
Financial Modelling
Financial Lending
Bank & Services
Leverage
Debt secured and unsecured
Contract; Coverage and Guarantee
Week 9 Contenuto sessioni on line e on campus
RE Investment Funds
Topics & Indicator
Asset & Risk Management
Portfolio Construction
Risk & Returns
Case Studies
Week 10 Contenuto sessioni on line e on campus
Real Estate Development
Investing Internationally in RE Market
Week 11 Contenuto sessioni on line e on campus
Tax & Legal
Week 12 Contenuto sessioni on line e on campus
RE Business Crisis
Debt Restructuring
Case studies