Browse Hierarchy ESTM5004: Real Estate Economics and Finance

This module takes the understanding of real estate economics and valuations gained in the prerequisite basic modules, and develops these into an understanding of the financial context of real estate and real estate markets. It enables students to gain a range of financial skills related to real estate, including how to interpret accounts, investment appraisal, the use of methods of reflecting risk and uncertainty in analysis, and costing. The module examines the sources of capital available to fund real estate investments and businesses, the assumptions behind key models of the finance markets, and why markets can fail.