Course Description
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Course Name
Real Estate Investment
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Host University
Vrije Universiteit Amsterdam
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Location
Amsterdam, The Netherlands
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Area of Study
Business Administration
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Language Level
Taught In English
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Course Level Recommendations
Upper
ISA offers course level recommendations in an effort to facilitate the determination of course levels by credential evaluators.We advice each institution to have their own credentials evaluator make the final decision regrading course levels.
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ECTS Credits
6 -
Recommended U.S. Semester Credits3
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Recommended U.S. Quarter Units4
Hours & Credits
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Overview
COURSE OBJECTIVE
After taking this course students:
- know the main characteristics of the stock of real estate
- know the principles of Dutch land use planning and housing policy
- know the essentials of real estate valuation
- know the main characteristics of the construction industry, real estate markets and related financial markets
- are able to analyze the aforementioned issues from an economic perspective
- are able to analyze the main features of real estate investments both at the property and portfolio levelCOURSE CONTENT
A large part of the national capital stock consists of real estate. Most of it is located in cities and within cities there is a concentration in the center. The course introduces you to important aspects of real estate finance. After a general introduction that emphasizes the important role of real estate in the (urban) economy, the basics of real estate valuation (yield, DCFM) will be discussed. The various types of mortgage loans and their use will be discussed in detail. We will study residential property markets (including the specifics of the Dutch housing market and related policy issues) as well as commercial markets (offices, shops, industrial real estate). Attention will be paid to structuring real estate investements (organizational forms and joint ventures), to the secondary mortgage markets and to real estate investement trusts (REITs).TEACHING METHODS
Lectures, tutorialsTYPE OF ASSESSMENT
Written exam (75%), assignments (25%). .
Course Disclaimer
Courses and course hours of instruction are subject to change.
Some courses may require additional fees.