Course Objective

The purpose of the course is to introduce you to the functioning of real
estate markets: developing, financing and investing in real estate, and
its implications for urban development. In the lectures attention will
be paid to investing in real estate, developments in various real estate
markets and what is involved in the development of real estate and doing
market research. The practices of investing in and valuing of real
estate will be discussed. Relevant policies with respect to residential
and other property markets and questions of integrity will be taken into
account by studying real world cases. Excursions to projects in
development and real estate agents will be organized.

Course Content

This course on real estate investment and urban development
(Vastgoedkunde) deepens the knowledge of students by introducing them
into the real estate investment industry and world of urban development
and financial markets. Students will get in touch with the people
engaged in the dynamics of the real estate world through guest lectures
and visits to the South Axis and (re)development projects in and around
Amsterdam. They will study the developments on real estate markets and
the techniques to invest, to develop, to valuate and manage real estate,
also in the context of urban development. The focus will be on
understanding the behaviour of the actors involved.

Teaching Methods

Lectures, tutorials, workshops, case studies, presentations by the
students themselves, excursions.

Method of Assessment

Written exam (75%) and paper (25%).

Literature

To be announced.

Target Audience

Students who are interested in the exciting and complex
multi-disciplinary world of (international) real estate.

Recommended background knowledge

Some knowledge of macroeconomics, financial markets, financial products
(equity, bonds, mortgages, etc), annuities and excel.