| Type: | Postgraduate Subject |
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| Code: | SSUD71-126 |
| EFTSL: | 0.125 |
| Faculty: | Faculty of Society and Design |
| Semesters offered: |
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| Credit: | 10 |
| Study areas: |
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| Subject fees: |
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Description
This subject equips students with a detailed understanding of corporate finance including capital raisings, private equity, and restructuring. Tax issues are also covered including technical application and effects on risk management. The subject also describes the origins and history of REITs and examines real property as an asset class over the economic and investment cycles. The application of portfolio theory is also covered and focuses on the role of real property assets in both listed and unlisted forms in creating a diversified portfolio. Specific industry topics are analysed including capital structure, REIT fund evaluation and performance measurement and property debt securitisation.
Subject details
Learning outcomes
- Demonstrate a range of theoretical and practical skills for understanding and applying financial knowledge to real property transactions.
- Demonstrate an understanding of the financial system and tax regime and the implications of financing decisions and tax strategies.
- Gain insight into modern portfolio theory and its application to real estate markets.
- Understand the history and composition of the diverse REIT industry.
- Understand how REIT funds operate and the various structures used to manage funds in the industry.
- Demonstrate how real estate funds raise capital and the debt securitisation process.
- Evaluate real estate funds’ performance.
Enrolment requirements
| Requisites: |
Nil |
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| Assumed knowledge: |
Assumed knowledge is the minimum level of knowledge of a subject area that students are assumed to have acquired through previous study. It is the responsibility of students to ensure they meet the assumed knowledge expectations of the subject. Students who do not possess this prior knowledge are strongly recommended against enrolling and do so at their own risk. No concessions will be made for students’ lack of prior knowledge.
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| Restrictions: |
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Subject outlines
Subject dates
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September 2024
Non-Standard Offering Enrolment opens: 14/07/2024 Semester start: 09/09/2024 Subject start: 09/09/2024 Cancellation 1: 23/09/2024 Cancellation 2: 30/09/2024 Last enrolment: 22/09/2024 Withdraw - Financial: 05/10/2024 Withdraw - Academic: 26/10/2024 Teaching census: 04/10/2024
| Non-Standard Offering | |
|---|---|
| Enrolment opens: | 14/07/2024 |
| Semester start: | 09/09/2024 |
| Subject start: | 09/09/2024 |
| Cancellation 1: | 23/09/2024 |
| Cancellation 2: | 30/09/2024 |
| Last enrolment: | 22/09/2024 |
| Withdraw - Financial: | 05/10/2024 |
| Withdraw - Academic: | 26/10/2024 |
| Teaching census: | 04/10/2024 |