Who should attend
This program will benefit professionals and managerial staff employed by REITs, private real estate funds, real estate investment companies, property development companies, real estate consultants, investment banks, financial institutions, and government agencies, particularly those who are involved in business development and asset management.
About the course
Portfolio management essentially consists of three major activities: asset allocation, shifts in weighting across major asset classes, and security selection within asset classes. To minimize risk, investment theory asserts that investors need to diversify. The four quadrant model of real estate investment in particular offers a framework for investment managers to take positions across real estate public and private, debt and equity markets.
Focusing on indirect real estate as an investment asset class, this module is structured around the goal of a portfolio manager, which is to assemble various securities into portfolios that address investor needs (which are often defined in terms of risk) and then to manage those portfolios so as to maximize returns for investment risk undertaken. Compared with the traditional method of investing directly in real estate, real estate‐backed securities offer investors an indirect route to take equity and debt interests in real estate. Real estate investment trusts (REITs) in particular allow investors to participate in a portfolio of properties that may be geographically diversified and professionally managed.
Blending theory with application to real world problems and illustrated using case studies, the module will cover these topics:
- Analysis and pricing of real estate equities and debt instruments;
- Strategic portfolio allocation to diversify risk and tactical allocation to achieve superior returns
- Risk management techniques for real estate investors, including latest insights on opportunities and challenges in a securitised and globalised real estate market.
Participants will gain an innovative perspective of real estate portfolio and risk management from distinguished professors and veteran practitioners who are thought leaders in the field.
Joseph Ooi is Professor of Real Estate in NUS Business School, National University of Singapore (NUS) where he is serving as Programme Director of the Executive Certificate in Real Estate Finance (ECREF). He is the current President of the International Real Estate Society, which is a federation ...
Dr. Cristian Badarinza is an Assistant Professor at the National University of Singapore, a Faculty Affiliate of the Institute of Real Estate Studies, and a Network Associate of the Centre for Economic Policy Research, London. His research interests are in the areas of residential real estate, h...
Associate Professor LUM Sau Kim is a tenured faculty member of the Department of Real Estate and Academic Director at the NUS Global Relations Office. She obtained her Ph.D. in Business Administration, co-majoring in Finance and Real Estate, from the Haas Business School at UC Berkeley. A former ...
Professor ONG Seow Eng holds a PhD in Finance and Master in Business from Indiana University. His research interests include securitised real estate, Real Estate Investment Trusts, real estate derivatives, mortgage repayment, default and delinquency, price discovery and housing finance issues and...
Because of COVID-19, many providers are cancelling or postponing in-person programs or providing online participation options.
We are happy to help you find a suitable online alternative.