EIE311 Real Estate Development, Economic Analysis and Valuation
Showing course contents for the educational year 2015 - 2016 .
Course responsible: Dag Einar Sommervoll
Teachers: Sølve Bærug, Harald Bøvre
ECTS credits: 10
Faculty: Department of Landscape Architecture and Spatial Planning
Teaching language: NO
Limits of class size:
Teaching exam periods:
This course starts in Spring parallel. This course has teaching/evaluation in Spring parallel, .
Course frequency: Annually
First time: Study year 2011-2012
Introduction to DCF og NPV. Discount rates, Advanced micro-level valuation. Leverage and financing in practice. Real estate portefolios. Real options and land value. Leases and leasing strategy.
The student shall be able to utilize economic tools for advanced economick analysis of property development projects.
Lectures: ca. 4 h total per week. Self study and project work in small groups.
Some supervision in connection with project work/group work.
David M. Geltner, Norman G. Miller, Jim Clayton, Piet Eichholtz Commercial Real Estate Analysis and Investments (with CD-ROM) Other course material: Overview of course material and curriculum will be handed out at the start of the semester.
TBA270 (Construction Management) and EIE310 (Property market and analysis).
Knowledge of real estate and property development. BUS133 (Excel for Business) and BUS220 (Finance and Investment).
Tests. Project work in groups. Presentation of project work.
ca. 50 hours of lectures and common supervision, ca. 125 hours of project work/group work, ca. 125 hours of self study.
Minimum requirements for entrance to higher education in Norway (generell studiekompetanse)
Reduction of credits:
Type of course:
Ca. 40 hours of lectures. Ca. 10 hours common supervision related to the project work, øvinger mv.
Allowed examination aids: All types of calculators, all other aids.
Examination details: One written exam: A - E / Ikke bestått