Tentdatum

Handboksinformation

Mål

An overview of real estate as an asset class and the roles of various economic agents in real estate markets. Why do firms require real state? Its role as a factor of production. Leasing versus ownership. What role is played by public authorities? The regulation of real estate. Land and tenture systems. Aspects of location and infrastructure. Who supplies real estate? The roles of developer and institutional investor. Introductory construction technology. Real estate's fit into the range of institutional-grade assets.

Undervisningsspråk

English

Förkunskaper

Sufficient preliminary knowledge in Finance or Real Estate.

Undervisningstimmar

20 h

Undervisningsformer

Lectures

Litteratur

LING DAVID C & WAYNE R ARCHE: Real Estate Principles. Third Edition. NY: McGraw-Hill/Irwin, 2010. Parts specified by the lecturer.
Articles and additional material according to later instructions.

Examination

Written examination

Examinatorinfo

Professor Austin J. Jaffe, Pennsylvania State University