Finance for Real Estate

Faculteit Ruimtelijke Wetenschappen
Jaar 2017/18
Vaknaam Finance for Real Estate
Niveau(s) master
Voertaal Engels
Periode semester I a

Uitgebreide vaknaam Finance for Real Estate
Leerdoelen 1. Describe, explain, and discuss the valuation of any asset from first principles. (1B, 1C, 1F, 2B, 2G, 2I, 3C)
2. Describe, explain, apply, and assess the valuation of investment opportunities (capital budgeting). (1B, 2A, 2D, 2G, 2I, 3A, 3C, 4, 5B, 6A)
3. Describe, explain, discuss, and apply the valuation of financial securities. (1B, 2A, 2B, 2G, 2I)
4. Describe, explain and discuss the relation between expected return and risk of investment opportunities. (1B, 1C, 1F, 2B, 2G, 2I, 3C, 6A)
5. Describe, explain, discuss, and apply the determination of the opportunity cost of capital. (1B, 2A, 2B, 2G, 2I, 3A, 5B, 6A)
6. Describe, explain, and discuss whether or not managers create value when they raise cash to fund investments and when they distribute cash to investors. (1B, 1C, 1f, 2B, 2g, 2I, 3C)
7. Identify, explain, discuss, and evaluate the value relevant characteristics of real estate projects and firms. (1B, 2A, 2B, 2D, 2G, 2I, 3A, 3C, 4, 5B, 6A)
Omschrijving Value and value creation are central concepts of Corporate Finance. The value of an asset depends on the size, the timing and the risk of the expected cash flows generated by an asset. In this course you will learn how to determine the value of any asset. You will apply these techniques to value financial securities and investment opportunities of companies.
The course Finance for Real Estate provides the fundamentals to assess the financial attractiveness of real estate projects.
Uren per week 4
Onderwijsvorm Hoorcolleges, Tutorials, Zelfstudie
Toetsvorm Actieve deelname, Groepsopdrachten, Tentamen meerkeuzevragen digitaal, Tentamen open opgaven digitaal
(The examination is a mix of multiple choice questions and open questions.)
Vaksoort master
Coördinator dr. ing. N. Brunia
Docent(en) dr. ing. N. Brunia , Guest lecturer
Verplichte literatuur
Titel Auteur ISBN Prijs
"Fundamentals of Corporate Finance: Global Edition" 3rd Edition, Pearson Education J. Berk, P. DeMarzo, J. Harford (2014) 9781292018409 ca. €  80,00
Selected articles.
Opgenomen in
Opleiding Jaar Periode Type
MSc Cultural Geography  (Optional courses Cultural Geography) 1 semester I a keuze
MSc Economic Geography  (Optional courses Economic Geography) 1 semester I a keuze
MSc Environmental and Infrastructure Planning  (Optional courses EIP) 1 semester I a keuze
MSc Population Studies  (Optional courses Pop Studies) 1 semester I a keuze
MSc Real Estate Studies  (Basic programme Real Estate Studies) 1 semester I a verplicht
MSc Socio-spatial Planning  (Optional courses Socio-spatial Planning) 1 semester I a keuze
MSc Spatial Sciences (research)  (Optional courses GERMTTO year 1 and 2 Spatial Sciences) 1 semester I a keuze