Teaching Responsibility

LJMU Schools involved in Delivery:

Civil Engineering and Built Environment

Learning Methods

Lecture

Workshop

Module Offerings

7429BEPG-JAN-CTY

Aims

This module aims to develop students’ knowledge and comprehension of real estate as an investment option within the market-place and to evaluate its performance against other investment vehicles. Students will also gain a critical understanding of selection, pricing and performance measurement models and apply these within the context of strategic portfolio management.

Learning Outcomes

1.
Distinguish and evaluate real estate as an investment option and other investment vehicles.
2.
Critically analyse the key stages of the real estate investment appraisal process, interpret real estate investment appraisal techniques and utilise quantitative software tools to appraise investment projects.
3.
Identify and evaluate principles and concepts of real estate finance.
4.
Critically analyse and evaluate quantitative measures of real estate investment return and risk and to discuss the concept of investment choice.

Module Content

Outline Syllabus:Real estate markets & sustainable behaviour Real estate economic cycles Real estate securitization and unitization Real estate finance and gearing International real estate investment Real estate investment appraisal process and techniques including the use of software Real estate portfolio theory and performance measurement Real estate Investment Portfolio Structure Financial Theories (i.e. Modern Portfolio Theory, CAPM, APM) Behavioural Economics Real Estate Investment Trusts
Module Overview:
This module aims to develop your knowledge and understanding of Real Estate as an investment option within the marketplace and to evaluate its performance against other investment vehicles. You will gain a critical understanding of selection, pricing and performance measurement models and apply these within the context of strategic portfolio management. The module provides an extensive study of the market for investment funds. Particular reference is made to quantitative measures of risk and return and the quantitative techniques used in pricing financial assets.
Additional Information:The module provides an extensive study of the market for investment funds. Particular reference is made to quantitative measures of risk and return and to the quantitative techniques used in pricing financial assets. Real estate as an investment vehicle is located within the wider investment spectrum and comparisons made with competing investment media.

Assessments

Portfolio