Real Estate Investment & Finance
Niveau
Introductory & advanced
Learning outcomes of the courses/module
The participants:
• explain and distinguish between the basic concepts, actors, and markets of real estate investment.
• analyze real estate as a capital investment, taking return, risk, and liquidity aspects into account.
• calculate and evaluate investment decisions using financial mathematics methods
• identify and assess forms and structures of financing for real estate projects in a national and European context.
• evaluate financing strategies with regard to cost-effectiveness, sustainability, and risk management.
• explain and distinguish between the basic concepts, actors, and markets of real estate investment.
• analyze real estate as a capital investment, taking return, risk, and liquidity aspects into account.
• calculate and evaluate investment decisions using financial mathematics methods
• identify and assess forms and structures of financing for real estate projects in a national and European context.
• evaluate financing strategies with regard to cost-effectiveness, sustainability, and risk management.
Prerequisites for the course
none
Course content
- Fundamentals of the real estate market and capital investment
- Investment appraisal using static and dynamic methods
- Return, risk, and liquidity analysis
- Forms of financing in the real estate sector
- Banks, capital markets, and alternative financing instruments
- The impact of macroeconomic factors and interest rate developments
- Sustainable and ESG-compliant investment strategies
- Investment appraisal using static and dynamic methods
- Return, risk, and liquidity analysis
- Forms of financing in the real estate sector
- Banks, capital markets, and alternative financing instruments
- The impact of macroeconomic factors and interest rate developments
- Sustainable and ESG-compliant investment strategies
Recommended specialist literature
- Geyer, A., Hanke, M., Littich, E., & Nettekoven, M. (2015). Grundlagen der Finanzierung (5. Aufl.). Wien: Linde Verlag.
- Teufelsdorfer, H., et al. (2015). Handbuch Immobilientransaktionen (2. Aufl.). Wien: Linde Verlag.
- Walch, P., & Weichselbaum, K. (2018). Handbuch Immobilienfinanzierung (2. Aufl.). Wien: Linde Verlag.
- Teufelsdorfer, H., et al. (2015). Handbuch Immobilientransaktionen (2. Aufl.). Wien: Linde Verlag.
- Walch, P., & Weichselbaum, K. (2018). Handbuch Immobilienfinanzierung (2. Aufl.). Wien: Linde Verlag.
Assessment methods and criteria
Portfolio assessment
Language
German
Number of ECTS credits awarded
6
Semester hours per week
Planned teaching and learning method
Lectures, discussions, exercises, case studies, group work
Semester/trimester in which the course/module is offered
1