17128 Property Development Finance

Description

This subject aims to develop problem-solving capabilities, and an understanding the basic finance theories and their practical application in property development, together with communication and client presentation skills. The subject covers the sources and types of finance available for various property developments; debt versus equity; specialised financing techniques including hybrids, long-term and offshore finance; project finance; and evaluation techniques and risk management. Students are involved in developing financing strategies for property development projects, building discounted cash flow (DCF) models for making financing decisions, and analysing risk using sensitivity and scenario analysis.