17776 Retail Investment Property Analysis6cp
Requisite(s): 12535 Development Feasibility and Modelling
This subject develops students' understanding of how to analyse investments in large and complex retail properties. Key to this understanding is an appreciation of the differences and similarities between retail and other classes of commercial real estate investments. Drawing on skills developed in 17556 Investment Property Valuation, the subject discusses the underlying drivers of value in particular types of retail. It examines the holistic retail asset lifecycle, the unique importance of retail and the retail offer on a retail investment, the retail development process feasibilities, viability analysis, process and approvals through to opening and stabilisation, and understanding the role of retail in the investment portfolio. Students develop an in-depth understanding of the due diligence process.
Detailed subject description.