Introduction
Learn the fundamental phases of the real estate development cycle and process. Property and project types covered include commercial office, multifamily, mixed-use, redevelopment, and urban infill. Study land assemblage, land use review, environmental procedures, design considerations, and delivery methods. Also, discuss market feasibility, the project pro forma, capital and financing structures, professional and government agencies, contracts with partners and external parties, the project life cycle, marketing, leasing, and property management.
Real estate makes up around 50% of the world's assets and it is crucial to the success of global economies and societies.
In the turbulent global financial markets, an understanding of real estate is vital for senior executives, investors, and policymakers worldwide.
The Real Estate Development Cycle Objectives
During the program you will:
- Review the latest developments, opportunities, and risks in real estate investments
- Gain an understanding of real estate users and capital markets
- Analyze technology, urbanization, demographics, globalization, and macroeconomic trends
- Design a business case for a real estate investment and present it to potential industry funders
Personal Benefits from attending The Real Estate Development Cycle
- An opportunity to re-evaluate your strategy for the next five years
- Understand the real estate development cycle
Organizational Benefits from attending The Real Estate Development Cycle
- Reinvigorated leaders with a clearer business vision
- Insights into emerging market challenges from experts
Program outline
Day one
- The evolving real estate universe
- Building a global portfolio: the NPF case
- Asset allocation and the Queen's College case
- Property walking tour of Oxford
Day two
- Economics and the occupier markets: the Jamestown case
- Pricing and managing property assets: Wilson street case
- Real estate debt
- Real estate debt: the three towers case
Day three
- Real estate Megaforce and protect
- REITs and real estate funds
- LPs and GPs: developments in asset management – Professor Ludo Phalippou
- Developments in private equity funds – Professor Ludo Phalippou
- How have real estate funds performed?
- Discussion panel: GP and LP relationships
- Designing a real estate fund: group work
Day four
- Real estate and infrastructure development
- Real estate development: 22 Bishopsgate
- International real estate investing
- International real estate investing: the Ankara case
- Designing a real estate fund: group work
Day five
- Designing a real estate fund: group work
- Fund presentations: investor fund members
- Conclusions: building a global portfolio, NPF case revisited
- Programme close
About London
The UK capital of London is a city that combines the old and the new. It is as equally famous for the latest fashion and innovation as it is for its impressive heritage. London's attractions range from the Royal Palace to the DIY atmosphere of its markets. It is also a picturesque city of parks and of course, the majestic Thames River. The city extends for miles beyond its ancient core and each neighborhood has its own charming atmosphere for visitors to explore. London also wears its status as a world city proudly and the influence of different cultures is plain to see in the food and fashion of the capital.
Things to do and places to visit in London
With so many attractions in London, anyone can find something to delight them. Art lovers will enjoy the world-renowned museums and galleries, most of which are free. Sports fans are spoilt for choice by the city's array of football clubs. Theatre and music fans have a vast list of venues to visit, whilst shopaholics have Harrods, Oxford Street, Camden and much more to look forward to after arranging flights to London.
Some unmissable London attractions include:
- Seeing priceless masterpieces in the Tate Britain or the National Gallery.
- Watching the changing of the guard at Buckingham Palace.
- Visiting Trafalgar Square's famous monument.
- Marveling at the Crown Jewels in the Tower of London.
- Getting a bird's eye view of the city from the London Eye.
- Tasting one of Brick Lane's famous curries.
- Browsing the exclusive shops of Knightsbridge.
- Visiting a market – Spitalfields for antiques, Camden for clothes or Borough Market for street food.
- Admiring design from around the world in the Victoria and Albert Museum.
- Looking for clues at the home of fiction's most famous detective, Sherlock Holmes.
- Strolling through one of the lovely parks, including Hyde Park, St James' Park or Kew Gardens.
- Eating Britain's most famous dish, fish and chips.
- Watching the street performers in Covent Garden.
- Enjoying the views at a South Bank cafe.