Real Estate Process for Development and Investment (REPDI)
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Real Estate Process for Development and Investment (REPDI) Course
Introduction:
Real estate makes up roughly one-third of all capital assets and makes up a large share of non-petroleum economic activity in every country. It is an opportunity for business that you cannot pass up. You may benefit from this industry by enrolling in one of our real estate investment courses. Making wise decisions about financing, managing, purchasing, or selling real estate assets requires an awareness of the concepts, designs, construction processes, management practices, and marketing strategies used in real estate. Additionally, the Gulf region's booming real estate industry offers plenty of chances for real estate growth and investment—but only for astute individuals who make astute business decisions. You can do these and more with the aid of real estate development courses.
Course Objectives:
- Achieve a thorough understanding of the entire real estate development and investment processes, as well as the roles of project stakeholders
- Appreciate the scope of marketing and sales for real estate development and investment
- Gain extensive knowledge of the commercial and legal issues and opportunities for the property industry
- Develop the ability to identify and negotiate important aspects of real estate contracts
- Learn how to assess the full range of risks in any real estate proposition for successful portfolio management
Who Should Attend?
This real estate management course is designed for all property professionals who participate in the development process and those who finance, manage, buy or sell real estate, including:
- Architects
- Urban Planners
- Real Estate Managers
- Real Estate Analysts and Investors
- Real Estate Planners and Developers
- Property Owners and Managers
- Government Officials and Regulators
- Lawyers
- Accountants
- Valuers
- Mortgage Brokers, Bankers, and Lenders
- Investment Bankers/Managers, Venture Capitalists, and Private Equity Specialists
- Finance Managers and Analysts
Course Outlines:
Development, Investment and Why Real Estate Matters
- What real estate is and its significance worldwide and in the Gulf
- Definitions and differences: types of real estate, development, and investment
- Global position by sector and activity
- Real estate development, investment, and management within the larger global economy
- Management and HR
- Key stakeholders within the property industry
The Stages of the Development and Investment Process
- Introduction to the real estate development process
- The raw materials: land and demographics
- History of real estate development
- The role of market research and forecasting
- Flow diagrams of real estate development
Real Estate Investment
- Why invest?
- Major international investors: their objectives, needs, and strategies
- Performance monitoring
- What should a market study include?
Developers
- Types of developers – public and private
- Size and financial credibility of developers by project
- Developers and their partners
- The role of the public sector and its influence on developer strategy
- Success criteria for developers
Working with Consultants
- The theory and practice of outsourcing
- Establishing the role of consultants in different organizations
- Establishing clarity in consultant assignments
- Consultant selection
- Costing consultancy
- Legal aspects of consultancy
The Land Bank
- Land zoning and the decision for development – examples from the region
- Land prices and the cost of holding land
- Opportunity costs
- Land ownership obligations
- Enhancing land – services and base construction
- Subdividing and selling off
Site Analysis for Development
- Criteria for site analysis
- The methodology of site analysis
- Due diligence
- The creation of demand – how long can it work?
Site Selection for Investment and Development
- Bid-rent curves and ‘natural’ zoning
- Linkage and transfer costs
- A comparative review of sites
- Conversion vs. Greenfield – arguments for and against
Highest and Best Use
- Concept and applicability
- Changes in HBU analysis in recent years
Project Feasibility
- Technical feasibility
- Financial and commercial viability
- Role of competitors Integration with other projects and capital rationing
- Differences between investment and development feasibility studies