This half-term course, open to 1st year and 2nd year students, will introduce students to the fundamentals of global real estate investment from an institutional perspective through an exploration of specific strategies for structuring global real estate portfolios. It will also provide students with an analytical framework and the tools to analyze and value cross-border real estate investments in developed and emerging markets. Given current market conditions, attention will also be paid to asset management strategies.
This course will be case-based, but will also rely heavily on faculty and guests lectures. Classes will typically include:
- Top-down macroeconomic analysis of target geographies
- Exploration of a specific global real estate investment strategy
- Bottom-up risk-adjusted return analysis of real estate investments
The course will culminate in the preparation and presentation of an investment memorandum on a specific global real estate investment opportunity.
Professor Douglas is a senior executive in the real estate industry with over 30 years experience developing and executing real estate transactions and financial strategy including corporate and project level acquisitions and dispositions, debt and equity financing and restructurings and recapitalizations. Her career has also included pioneering work on commercial mortgage back securities and equity investment in emerging markets.