Genuine Estate Performance
Occasion on 2015-eleven-03 09:00:00
Discover how to analyse real estate performance, linking asset level fundamentals all the way via to portfolio approach.
The course will use the newest educational techniques and innovative asset modelling providing in-depth coaching on true estate chance and return, benchmarking and attribution evaluation. The course is split into modules that examine every single factor of the portfolio life cycle, enhancing the fund managers ability to check the impact on overall performance from individual leases right by way of to strategic allocation of capital.
Who need to attend
Fund Managers actively engaged in method and tactical allocation of capital in genuine estate and mixed asset money.
Asset managers who would like to increase saleability by closely aligning investment characteristics with the criteria set by fund managers.
Any person whose remuneration is linked to the functionality of any investment approach the place actual estate is a element asset.
Case scientific studies & fiscal models
Thorough program manual
Two months of post course assistance
Day One – Measuring True Estate Efficiency and Knowing Benchmarks.
What is Overall performance Measurement?
Investment traits of true estate
Direct, indirect and multi-asset class portfolios
Risk and opportunites
Indentifying and categorising chance in real estate
Comprehending in which these hazards supply possibility at the asset and fund level
Situation Review: Central London Workplace Home
Risk and return
Calculating numerous asset and portfolio return measures
Knowing divergence in final results
Case Research: Total cash flow versions on genuine properties
Workout: Examination and completion of funds flow versions
Context: Case research compared with existing Index final results
Index development and benchmarking principles
Real estate indices versus other asset classes
The information assortment and transformation approach
When and how to develop your own benchmark
Exercise: Comparison of benchmarks
Day Two – Attributing Functionality and Rewarding Success
Asset allocation, stock assortment and cross item scores
Calculation anomalies, assumptions and convention
Refresher of the ideas of diversification and portfolio threat
Workout: Portolio produced and measured from the situation review properties
Adjusting functionality measures for threat
Discuss the applicability of measures in the context of actual estate investment characteristics
Exercising: Application of danger adjusted functionality measures
Case Examine: Analysing the Performance of a assortment of existing money
Incentive stuctures, hurdle charges and alignment of interests
Managing portfolio functionality
Focusing on fundamentals
Knowing and monitoring final results
How capital construction has an effect on chance and return
Benchmarking and attribution computer software
at Irwin Mitchell LLP
40 Holburn Viaduct
City of London, United Kingdom