Professional/Short Course Real Estate Finance and Investment
Page last updated 7 March 2024
Introduction
Module counts towards: MSc/PgCert/PgDip Real Estate Finance and Investment
The UWE Department of Architecture and the Built Environment are pleased to offer a suite of additional postgraduate level modules in Real Estate Management as continuing professional development (CPD), accredited by the Royal Institution of Chartered Surveyors.
These modules offer practical application alongside theoretical underpinning to help develop and broaden your knowledge in the topic.
The modules starting in October are:
This suite also consists of modules that will start in January covering the following topics:
- Real Estate Investment and Development
- Managerial Finance for the Built Environment
- Sustainability in the Built Environment
- Real Estate Finance and Investment
Please click on the links above for further information, to make an enquiry or to book a place.
Modules are offered as on-campus, or as distance learning. Please use the 'find a course' search here and you will find distance learning options labelled as such next to the on-campus options. You will have access to your learning materials via our online learning platform. If you chose the distance learning mode you will be able to progress through them in your own time, while live webinar sessions will provide an opportunity for you to discuss the materials in more depth.
Entry requirements
There are no formal entry requirements for participants wishing to undertake this course as a stand-alone CPD course without the optional course assessment.
If you wish to complete the course assessment you are expected to have a first degree at 2.2 level or above (or equivalent) in a related area or alternatively have relevant industrial experience in property.
We strongly recommend that you speak to the course tutor prior to the course if you are unsure about your suitability to complete the assessment.
If you are a non-UK student you will need to show your passport on entry to the UK. Please check your eligibility to visit and study in the UK here. If you are a non-Irish EU national currently resident in Ireland please contact us directly for further advice.
If English is not your country's first language, you will be required to provide evidence to show you meet the UK Border Agency and the University's minimum English Language requirements. Further details are available on our English Language Requirements webpage
Structure
Content
The module is to be delivered in partnership with Industry, and will cover topics deemed essential to develop a high-level understanding of investment in property from both debt and equity perspectives.
The themes addressed will typically be international in nature, and whilst a UK focus will exist in discussion of practical application, global investment considerations, investment overseas and exchange rate risk will all be specifically addressed.
What does it cover?
The Who, Why and How of Investing in Property
- Property as an Investment Class
- Financing Options and Structuring
- Risk vs Return
Debt Capital Markets
- Loan to Value
- Interest Rate Cover Ratios
- Banking Covenants in Loan Documentation
- Liquidity
- Residual Positions
- Ability to Refinance
- Revolving Credit Facilities
- Interest Rate Management and Hedging
- Foreign Investment and Exchange Rate Risk
- Covenant Strength
- Accounts Analysis
- Sector Exposure
- Tenant Exposure
- Debt Portfolio Risk Management
- Development Finance vs Investment Finance Considerations
Equity Capital Markets
- SPV investment
- Portfolio Financing
- Balance Sheet Lending
- Debt Clubs
- Debt Syndication
- Derivatives
- Joint Ventures
- Private Finance Initiative
- Infrastructure Funds
The Importance of Qualitative Issues
- Working relationships
- Personal judgement
- Practical Case Studies and Experience from Industry
What will the course outcome be?
- Explain the underlying concepts of financial investment and to apply these concepts to real estate as an investment class. Discuss and evaluate the position of real estate as an asset class in the national and global investment market;
- Choose and compute appropriate calculations to undertake complex financial appraisals on a range of real estate and non-real estate investments. Critically assess appraisal tools and to analyse the results of calculations to produce advice and conclusions for the design and assembly of an investment portfolio containing property;
- Identify and analyse risk in investment and critically evaluate portfolio and single asset strategies to manage risk including the differentiation of conflicting options and selection and calculation of investment performance indicators;
- Appreciate the economics of land value creation through development activity and recognise the economic constraints under which development decisions are taken;
- Critically discuss conceptual models of the planning and development process including the activities, elements, skills and research intelligence involved;
- Identify and appraise potential development sites, propose optimum development strategy as mediated by national and local planning policy, and critically evaluate their financial viability;
- Demonstrate knowledge of complex real estate and financial structures, including legal, technical and liability implications.
Learning and Teaching
This course will be delivered as on-campus seminars with resources available online to support your studies. You will have the flexibility to fit your studies around personal and professional commitments, with access to our learning resources any time. Studying while you work also provides valuable opportunities to apply what you have learned directly to your role.
Our comprehensive learning platform provides your entire course content, and puts you in contact with your tutor and fellow students.
Assessment
We assess your work through a variety of coursework assignments, including essays, reports, surveys and presentations. We also encourage you to do 'formative work' to prepare for assessment. This does not count towards final marks, but the feedback you receive helps improve your performance.
The assessment for this course includes three elements: a multiple choice exam, presentation and professional report.
Features
Professional accreditation
For individuals attending without undertaking the assessment, these modules count as formal CPD required by the Royal Institution of Chartered Surveyors.
If you undertake the module assessments and decide to continue with your studies, these modules can be used towards our following awards:
- MSc Real Estate Finance and Investment is accredited by the Royal Institution of Chartered Surveyors and the Investment Property Forum. .
- PgCert/PgDip Real Estate Finance and Investment
Study facilities
UWE Bristol is superbly equipped with libraries and computer labs, and an excellent campus environment. Our online learning environments deliver an integrated learning experience to you and you also have access to a vast number of professional and academic journals and databases online through the UWE Bristol library.
Find out more about the facilities and resources UWE has to offer.
Prices and dates
Supplementary fee information
Course dates
| Cohort - 2024 TBC | Time | Location |
| Five sessions delivered over a block week plus an introduction session and evening webinars | TBC | Frenchay Campus/Online |
Course fees
All prices are VAT exempt.
| Cohort | January 2024 |
| UK participants | £1,667* |
| International participants | £2,666* |
*Fees displayed are based on 2023/24 entry and are an indication only. Please note there might be a small increase for 2024/25. Please complete our online enquiry form below to be notified once these details are made available.
For information on fees, managing your money and determining your fee status, please go to our fees and funding pages.
Course location
UWE Bristol, Frenchay Campus, Coldharbour Lane, Bristol BS16 1QY
How to apply
How to apply
This course is planned to run again in 2024. Course dates, updated fees and online booking forms will be published here in the summer of 2024. Please complete our online enquiry form below to be notified once these details are made available.
To make an enquiry: Enquire Now
As this module carries university accreditation, please note that once you have submitted your booking form, you will be required to provide the following supporting information to the administration team for the module tutor to be able to review and formally accept your application as required by the university:
· An up-to-date copy of your Curriculum Vitae (including contact details of a work or academic reference)
· A brief personal statement to support your application
· A copy of your highest qualification certificate and transcript of modules studied
· A copy of photographic proof of ID (i.e. driver's licence/passport). For non UK students, this must be a copy of your passport
For further information
- Email: For specific questions in relation to the course, i.e. content, suitability, assessments, etc. please contact the programme leader Ytzen van der Werf (ytzen.vanderwerf@uwe.ac.uk). For all queries regarding administration aspects of registration, i.e. dates, fees, etc. please contact us using the online enquiry form link or telephone number below.
- Telephone: +44 (0)117 32 81043 (option 1, then option 3)