Corporate RE Finance

This seminar provides a comprehensive overview of financial analysis and management in a corporate real estate context.
Heavy emphasis is placed on case study work to demonstrate concepts, using Microsoft Excel. The seminar begins with a review of fundamental corporate finance principles such as risk and return, cost of capital, net present value, and discount rate selection. Using spreadsheet case studies, these concepts are applied to the analysis of alternative lease structures, lease buyouts, and buy vs. lease decisions. The real estate investor's perspective on these issues is also explored.

The concept of financial risk in a corporate real estate context is then examined. Participants will learn how to identify risk in corporate real estate portfolios and evaluate its impact on shareholder value. Duration matching, a methodology used to manage risk, will be introduced. If time permits, several financial structures – ownership, operating and capital leases, synthetic leases, and credit tenant lease financings – will be studied and their financial impact will be evaluated.

Prerequisites

There are no prerequisites for taking the seminar, however, some prior exposure to corporate finance concepts (e.g. net present value) and/or real estate accounting is helpful. This is not an introductory seminar, though some time will be spent reviewing fundamental concepts. Some familiarity with Microsoft Excel is helpful, though not required – case study work will be done in pairs, and an effort will be made to ensure that each pair has at least one member with Excel experience.

Seminar Overview

• Corporate finance fundamentals

• Financial analysis

• The real estate investor's view

• Financial structures

• Risk management

How You Will Benefit

• Strengthen your ability to intelligently discuss financial issues with the finance group or CFO

• Increase capacity to develop business cases founded on sound corporate finance principles

• Identify financial risks within the corporate real estate portfolio and develop risk mitigation strategies

• Increase understanding of the financial management process, and application to corporate real estate

Who Should Attend

Corporate real estate managers and directors who want to develop a better understanding of corporate finance principles and their application to corporate real estate decision making and management.

Venue TBA

For Seminar Fees and Registration click here: Seminar Fees and Registration