This module is concerned with positioning real estate investment in the wider investment sprecturm of the capital markets. It allows students to examine this though a portfolio of competing asset classes. Fundamentally it explores the economic factors driving value in asset markets including indirect real estate. It presents the fundamental ideas underlying risk and return, portfolio management and evaluation, and asset selection.
Investment assets and markets and drivers of return.
The characteristics of different types of investments, bonds, equities, cash, indirect real estate
Sources of information and performance measures
Asset class benchmarks and understanding benchmarking
Main elements of portfolio theory, diversification, correlation and expected returns.
Economic and political environment and how this affects investment markets and returns.
Student learning will be achieved through a combination of:
- traditional lectures supplemented by tutorials;
- tutorial guidance on more technical aspects of course;
- Computer-based workshops using the Excel spreadsheet programme, the Fund Focus database
Emphasis is placed on analysis rather than description and students are expected, to apply analytical techniques to the management and evaluation of investment portfolios.
In addition students will be expected to stay up-to-date with the Irish and international economies and investment markets through their own research and reading rather than solely through lecture material.
| Module Content & Assessment | |
|---|---|
| Assessment Breakdown | % |
| Other Assessment(s) | 100 |