Real Estate Development

Uitgebreide vaknaam	Real Estate Development
Leerdoelen	After the course, students obtained: 1. Knowledge of RED process, RED agents, their roles and responsibilities in RED, RE submarkets and associated stylized facts 2. Understanding of RE market fundamentals and associated RED patterns in RE submarkets 3. Knowledge of building blocks of RED Investment proposals 4. Able to formulate a RED Investment proposal 5. Provide a critical assessment of a RED Investment proposal.
Omschrijving	Planning and evaluation are key concepts in Real estate Development (RED). This course covers concepts & principles in real estate discussing its actors, development process and real estate submarkets. The course consists of Lectures and a RED Development Case. During the course students must write a RED investment proposal incorporating different applications from RED planning & economics.
Uren per week	4
Onderwijsvorm	Computer practicals, Independent study, Lectures, Seminars
Toetsvorm	Examination with open questions digital (+ RED Case investment proposal: Case competition/Oral examination)
Vaksoort	master
Coördinator	prof. dr. ir. A.J. van der Vlist
Docent(en)	prof. dr. ir. A.J. van der Vlist
Verplichte literatuur	Titel Auteur ISBN Prijs DW (1992) The market for real estate asset and space: a conceptual framework'Journal of the American Real Estate and Urban Economics Association 20: 181-197 DiPasquale, D.and W. Wheaton (1992) LLSV(2002) ‘Investor protection and corporate valuation’. The Journal of Finance 57: 1147 - 1169. La Porta, R., F. Lopez-de-Silanes, A. Shleifer, and R. Vishny (2002) DGLLS(2003) ‘The new comparative economics’. Journal of Comparative Economics 31:595-619 Djankov, S., E. Glaeser, R. La Porta, F. Lopez-de-Silanes, and Andrei Shleifer (2003) LLS(2008) Economic Consequences of Legal Origins’. Journal of Economic Literature 46: 285-332 La Porta, R., F. Lopez-de-Silanes, and A. Sheifer (2008) ‘ EMCREM (2014) European Metropolitan Commercial Real Estate Markets Springer Publishers. E-book RUG-UB library. Nozeman E. F. and A.J. van der Vlist (eds.) (2014) DW (1994) 'Housing market dynamics and the future of housing prices' Journal of Urban Economics 35 1-27. DiPasquale, D and W. Wheaton (1994)
Entreevoorwaarden
Opmerkingen	It is assumed that students have a thoroughunderstanding of principles of planning, economic geography and finance. Maximum number of students is 48. This course is not open for exchange students.
Opgenomen in	Opleiding Jaar Periode Type MSc Cultural Geography  (Optional courses Cultural Geography) 1 semester II b keuze MSc Economic Geography  (Optional courses Economic Geography) 1 semester II b keuze MSc Environmental and Infrastructure Planning  (Optional courses EIP) 1 semester II b keuze MSc Population Studies  (Optional courses Pop Studies) 1 semester II b keuze MSc Real Estate Studies  (Basic programme Real Estate Studies) 1 semester II b verplicht MSc Society, Sustainability and Planning  (Optional courses Society, Sustainability and Planning) 1 semester II b keuze MSc Spatial Sciences (research)  (Optional thematic courses (GERMTTO) year 1 and 2 Spatial Sciences) - semester II b keuze