The Trainer has over 40 years’ experience in banking, finance and financial training. He has had practical banking experience with major banks in the areas of corporate credit analysis, Corporate Banking Relationship Management and Commercial Real Estate Debt Finance. The trainer was subsequently involved in Commercial Real Estate Financial Advisory business with a then newly formed financial services subsidiary of one of the world’s largest Real Estate advisory firms.
The Trainer has almost 25 years’ financial training experience in about 60 countries focused on large scale Corporate Credit Analysis, Corporate Banking and Structured Debt Finance (Project, Infrastructure and Real Estate Finance). He holds an MSc Real Estate Investment and Finance degree from the University of Reading (2014).
The trainer has worked with participants in a wide range of job functions and experience from Commercial and Investment Banks, Development Finance Institutions, Export Credit Agencies, Public Sector organisations and large corporates.
Real Estate is a major investment Asset Class offering a huge range of financing opportunities.
Real Estate values are very sensitive to the underlying economic fundamentals, political events as well as the financial markets and interest rates.
There is a huge amount of change both in terms of the underlying macroeconomic and political environment, environmental considerations and radical changes in how people work and shop, all of which make it essential to consider the role of Real Estate in an investment portfolio and the composition of the portfolio.
Traditionally large scale Real Estate Investment Funds run by Pension Funds and Insurance Companies have tended to be passively managed and focussed on Direct Investments in core sectors such as offices and retail. Will that approach still be optimal when there is a huge change in the type of demand for Real Estate and when there has been a substantial increase in new types of large scale investors?
This course will provide a forum for discussion of performance of various Real Estate sectors since the credit crisis, with a primary focus on Commercial Real Estate in some of the major Developed Economies, as well as the outlook for the Real Estate sector. There will be some coverage of Housing Finance opportunities.
In meeting those objectives participants will be requested to make a recommendation for the structure of a Real Estate portfolio.
This programme will be case study driven, with exercises based on
This programme will be relevant to people working for organisations involved in Real Estate investment decisions including
Participants should already be familiar with the core principles of investment appraisal and company valuation techniques and the principal types of Real Estate investments. Previous familiarity with the financing of / investment in Commercial Real Estate has been assumed.
Exercise: Participants identify and discuss the principal risks that they believe will influence returns from Real Estate Investments in the next 5 year period.
Participants are given summarised information on an opportunity to invest in a Real Estate investment portfolio and discuss the positive and negative elements of the investment proposal
Participants are assigned to groups and make their recommendations on a Global Real Estate portfolio fund or a fund that they would propose taking into account