£1,995 – £2,747

Introduction to Property Development & Investment

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Location

SO16 7PT

Best Western

Chilworth

Southampton

SO16 7PT

United Kingdom

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Event description
Finance introduction to Property Development & Investment

About this Event

Introduction to property development and investment

• Property development and investment as a business

• Market overview & where to find opportunities and the pipeline

• Development and investment strategies

• Financial return metrics

• Real estate economics & cycles – entry & exit planning

• Exit strategies

Identifying and evaluating investment opportunities

• Market analysis: The real estate market cycle and investment opportunities

• Real estate investors: Hight Net Worth Individual’s Pension and Other Institutional Funds

• Valuation for commercial and residential properties

• Assessing Gross Development Values (GDV), key development costs, professional fees, interest costs and contingencies.

• Financial analysis: Discounted Cash Flow (DCF), profit on cost calculation, IRR, NPV, equity multiple

• Maximum bid price for site

Obtaining planning permission and enhancing existing planning permission

• Planning permission explained

• Types of permits (no planning, outline, permitted development, full permission, enhancement potential)

• Pitfalls to watch for and managing expectations

Structuring the offer for the site

• Reducing capital requirements: Purchase options explained

• Delayed completion options

• Full cash offers

• Landowner joint-ventures

• Aligning capital in a bid to offer for the site

• Landowner taking back 2nd mortgage on site

• Overage agreements

• Assessing the legal title and searches

Construction & project management

• Contracting, monitoring works and phase completions

• Cost control, overruns and how to deal with budgets

• Setting up the professional and advisory teams: from quantity surveyors, to architects, accountants, construction companies, financial modelling & control, joint-ventures partners, solicitors and lawyers, and tax advisors

• Sourcing, engaging and motivating the team

Day 2

Funding and financing the real estate development project

• Sources and types of funding available: rates, sample terms and investment structures

• Principles of corporate finance: picking the right capital structure to fund the property development project

• Forward funding

• Typical senior debt terms and structures

• Typical mezzanine debt terms and structures

• Sourcing additional equity

• Inter-creditor and shareholders agreement

• Basics of development loan structures

• Lending criteria and typical capital structures

• Lending fees

Introduction to UK Taxation of Real Estate

• Principles of taxation for real estate

• Property taxes and financial returns

• Taxes on acquisition, development, occupancy and disposal

• Off-shore versus on-shore companies’ taxation

Exit options, sales, marketing strategy and tactics in practice

• Marketing and client segmentation

• International investors and marketing overseas

• Marketing strategy and tactics for your project

• Estate agents: structures, hiring and firing

• Structuring offers for buyers

• Controlling sales and marketing budget

Day 3

Case study:

High-Rise and Fall

The story of how the European commercial property industry transformed from a local, small-scale business to an international, financially sophisticated, multi-billion-euro industry that was ultimately devastated by the 2008 crash.

By Andrea Carpenter

Sustainability in real estate

• The value of green buildings

• Sustainability certifications

• Environmental, social and governance for development and investing

• Well-being in real estate

Property Management

• Property management requirements and strategies

• Asset management plans, processes and control techniques

Case study:

Development sites in Hertfordshire From 2013 – 2016

See how we have adapted to the market of today - by looking at projects we are interested in now.

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Date and Time

Location

SO16 7PT

Best Western

Chilworth

Southampton

SO16 7PT

United Kingdom

View Map

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