Program Brief

Real estate investment trusts provide an exceptional opportunity to enter the real estate investment world, as they provide wide options for investors to diversify their investments in portfolios as well as take advantage of their ability to manage risks. REITs aim to raise capital and generate real estate income on a regular basis for investors. Real estate investment trusts are trust funds that aim to acquire and manage income-producing domestic or international real estate investments. This program is designed for those wishing to invest in real estate funds to learn about the advantages of real estate investment funds, how to invest in them, methods of managing them, and measuring their performance.

Program Goals

At the end of the training program, the participant should be able to:

  • Knowing the requirements for establishing a real estate investment fund to follow the correct establishment steps and build the appropriate strategy
  • Gain the ability to evaluate the work of managing the real estate investment fund to choose the appropriate management method.
  • Identify the different types of funds to analyze the risks of the real estate portfolio and calculate the expected return from them
  • Familiarity with local and international standards to know how to manage real estate risks at the portfolio level.
Jadarat
Program Agenda
Module 1: The Economics, size and structure of the (KSA’s) Real Estate market
  • 1 1. Introduction to the Real Estate Market

    • 2 2. Investment opportunities and the four-quadrant model

      • 3 3. Value by geography, sector, and structure

        Module 2: Direct Real Estate Investment
        • 1 1. Global Economic Environment

          • 2 2. Occupancy Market cycle

            • 3 3. Investment cycle: Dev

              • 4 4. Credit Market

                • 5 5. Real Estate cycles: Where are we now?

                  • 6 6. Direct Real Estate total returns

                    Module 3: Introduction to Unlisted Real Estate
                    • 1 1. What is unlisted Real Estate and why invest?

                      • 2 2. Size and structure of unlisted markets

                        • 3 3. Products and Investors

                          • 4 4. Direct vs Indirect

                            Module 4: An overview to Listed Real Estate
                            • 1 1. What is listed Real Estate and why invest?

                              • 2 2. Size and structure of unlisted markets

                                • 3 3. REITs and access to finance

                                  • 4 4. Local Performance vs Global Performance

                                    Module 5: Fund Structures
                                    • 1 1. Financial Services Regulatory framework

                                      • 2 2. Types of funds

                                        • 3 3. Rationale for choosing a particular type of fund

                                          • 4 4. Regulatory implications and requirements, including for cross-border distribution

                                            Module 6: Regulatory Framework
                                            • 1 1. Strategic considerations for structure: legal, tax, regulatory and commercial

                                              • 2 2. Rationale for choosing a particular type of fund (For example investor type, location and investment powers, asset location, costs)

                                                • 3 3. Case study

                                                  Module 7: Real Estate Financial Models
                                                  • 1 1. Basics of Real Estate Financial Modelling and Revision of risk and return metrics calculation

                                                    • 2 2. Drivers of a single asset investment model

                                                      • 3 3. Impact of Opex and Capex considerations

                                                        Module 8: Real Estate Rend Considerations
                                                        • 1 1. Lease structures and terms

                                                          • 2 2. Rent function Modelling

                                                            • 3 3. Impact on the overall Real Estate Model

                                                              • 4 4. Indexes

                                                                Module 9: Fund Management
                                                                • 1 1. Bottom-Up vs ‘Top Down’ approach to Fund Management

                                                                  • 2 2. Managing Real Estate risk at the portfolio level

                                                                    • 3 3. Relationship between real estate funds and development funds

                                                                      • 4 4. Case study on Real Estate Fund

                                                                        • 5 5. Case study on Real Estate Development Fund (REDF) - Kingdom of Saudi Arabia

                                                                          Program Requirements
                                                                          • Introduction to Financing & Investment

                                                                          -

                                                                          Program Path

                                                                          Names of the training programs that are integrated (enriched) with the training program:

                                                                          • Not Available

                                                                          Names of the training programs that after the training program:

                                                                          • Not Available
                                                                          Program Method
                                                                          • Lecture
                                                                          • Case Studies
                                                                          • Exercises and assignments
                                                                          Evaluation Method
                                                                          • Pre Exam
                                                                          • Post Exam
                                                                          Training Type
                                                                          • In Class Training
                                                                          • Online Training

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