Description
This module covers the institutions and instruments investing in the commercial real estate globally. It specifically considers the application of investment theories to both the general investment markets and the property market specifically – where and how does property fit in?
The module will begin by considering the unique characteristics of property as an asset class and considers the ‘value’ of an investment: who invests in property and why? The risk and return potential of direct and indirect property will be considered in relation to other investment media, such as stocks and bonds. Diverse ways in which property can be invested will be considered, as well as how such vehicles are managed by investors as an integral aspect of international and multi-asset portfolios.
Market performance, cycles and trends will be considered and relevant models and theories examined. Market forecasting, modelling, indices and the efficiency of the market will be introduced, combining to offer a solid introduction to property as an international investment medium.
Module deliveries for 2024/25 academic year
Last updated
This module description was last updated on 19th August 2024.
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