Global Real Estate Capital Markets: Theory and Practice
Language: English
Published by Routledge, 2024
- Hardcover
- New
Seller: Ria Christie Collections, Uxbridge, United KingdomRia Christie Collections
AbeBooks seller since March 25, 2015
Condition: New
£ 190.46
Quantity: Over 20 available
Add to basketItem description from seller
In English.
Seller Inventory # ria9781032288017_new
- Title
- Global Real Estate Capital Markets: Theory and Practice
- Author
- Moss, Alex; Farrelly, Kieran
- Publisher
- Routledge
- Publication year
- 2024
- Condition
- New
- Binding
- Hardcover
- Language
- English
- ISBN 10
- 1032288019
- ISBN 13
- 9781032288017
- Item weight
- 580 grams
This book unravels the complex mechanisms involved in global real estate capital markets, enabling the reader to understand how they have grown and evolved, how they function, what determines market pricing, and how the public and private debt and equity markets are linked to each other.
Using their extensive professional experience, the authors combine a structured, rigorous understanding of the theory and academic evidence behind the main concepts with practical examples, applications, case studies, quizzes and online resources. The book will enable readers to understand for example:
· Why share prices of real estate companies can differ dramatically from the underlying value of the assets
· The differing investment objectives of different categories of investor and how this influences share prices and corporate funding decisions
· How sell-side analysts make their recommendations
· How buy-side analysts decide which sectors, funds and stocks to allocate capital to
· And how ESG considerations are relevant to capital market pricing.
The book is designed not just for advanced real estate students, but also for global finance courses, Executive Education short courses and as a primer for new entrants to the sector. It is key reading for the following groups:
· Property professionals working for a listed company wanting to understand the relationship between their underlying business and the stock market valuation
· Real Estate Private Equity teams looking to understand the valuation disconnect between public and private markets and arbitrage the Parallel Asset Pricing model
· Equity/Multi asset/Property analysts/fund managers who need to understand the specific characteristics of real estate vs the other ten equity sectors and understand when to increase and decrease sector weightings.
Online materials for this book can be found on the Routledge Resource website at https://resourcecentre.routledge.com/books/9781032288017.
"Synopsis" may belong to another edition of this title.
About the Author
Alex Moss is Director of the Real Estate Research Centre at Bayes Business School (formerly Cass), and Course Director for the MSc Global Finance online course and the MSc Real Estate course. He has been involved in research and transactions in the global real estate sector for over 30 years. His career has encompassed award-winning sell-side research (BZW), investment banking (CSFB), private equity (Apax Partners Capital) and fund management (M&G and Investec). He formed AME Capital in 2002, which developed a proprietary database and analytical tool for all listed real estate companies and real estate securities funds globally. This business was sold to Macquarie Securities in 2008, where he stayed for over three years as Head of Global Property Securities Analytics. In 2012 he formed Consilia Capital, a real estate investment advisory firm, and has developed an international institutional client base. In addition, at that stage he started publishing regularly in academic journals. As well as lecturing at Bayes he is also a visiting lecturer at UCL and Cambridge University. Alex is Chairman of the EPRA Research Committee.
Kieran Farrelly was formerly a Partner and Head of Market Research for the real estate team at the Stepstone Group. Prior to Stepstone, he was a Principal at the Townsend Group and a Director at CBRE Global Investors. His roles have encompassed portfolio management, investment underwriting across a range of conduits and global investment strategy. Previously, Kieran was a research analyst with M&G Real Estate. He holds a Ph.D. in real estate and planning from the Henley Business School at the University of Reading and a master’s in economics from the University of Warwick. He has guest lectured on a variety of real estate investment finance topics at UCL, the universities of Cambridge, Oxford and Reading, and London Business School. He has also authored several published academic real estate papers and is an Honorary Visiting Fellow at Bayes Business School.
"About the title" may belong to another edition of this title.
Ria Christie Collections
Uxbridge, United Kingdom
AbeBooks seller since March 25, 2015
Shipping rates from United Kingdom to U.S.A.
| Item | 6 to 12 business days | 6 to 12 business days |
|---|---|---|
| First item | £ 11.29 | £ 12.99 |
Payment methods
Store description
Hello! Ria Christie Collections is an online venture that was initially set up in 2012 to sell books. We do not have a physical high street store. We are professional online booksellers. We only sell brand new books in perfect condition that we source from various suppliers and the publishers. Primarily, our aim is to provide an excellent service to all our customers. We always work as a team to achieve this. Our other objectives are to: 1. Ensure that all our products reach their destination quickly in a safe and secure manner 2. Answer to all our customer queries within 24 hours 3. Ensure that our customers are happy with their purchases 4. Provide all the items at a competitive price 5. Always listen to our customers Ria Christie Collections is not a registered company. It is a Sole Trader venture. Other key information is shown below: Contact Person Name: Rakesh Luchmun (Mr) Storefront Name: Ria Christie Collections Place of Establishment Address: Suite B; ARUN House; ARUN Building Arundel Road Uxbridge UB8 2RR United Kingdom E-Mail Address: riachristie@hotmail.co.uk VAT Number: GB 160 5650 25 We always work hard and aim to comply with all of Abebooks Policies. If you have any issues, please do not hesitate to write to us whether before or after a purchase. We promise to reply to you promptly and, in any case, within 24 hours. Thank you kindly! Yours sincerely Mr Rakesh Luchmun (Founder) and the Ria Christie Collections Team…
Specialty
Educational books, Textbooks, Fiction, Non- fictionSeller's business information
Ryefield Investments Limited
175 Pield Heath Road
Uxbridge, United Kingdom UB8 3NL
Terms of sale
All Returns and Refund are as per Abebooks policies.
Right of withdrawal
If you are a consumer you can withdraw from the contract in accordance with the following. Consumer means any natural person who is acting for purposes which are outside his trade, business, craft or profession.
Information regarding the right of withdrawal
Statutory right to withdraw
You have the right to withdraw from this contract within 14 days without giving any reason.
The withdrawal period will expire after 14 days from the day on which you acquire, or a third party other than the carrier and indicated by you acquires, physical possession of the last good or the last lot or piece.
To exercise the right of withdrawal, electronically fill in and submit a clear statement on our website, under "My Purchases" in "My Account". We will communicate to you an acknowledgement of receipt of such a withdrawal on a durable medium (e.g. by e-mail) without delay.
To meet the withdrawal deadline, it is sufficient for you to send your communication concerning your exercise of the right of withdrawal before the withdrawal period has expired.
Effects of withdrawal
If you withdraw from this contract, we will reimburse to you all payments received from you, including the costs of delivery (except for the supplementary costs arising if you chose a type of delivery other than the least expensive type of standard delivery offered by us).
We may make a deduction from the reimbursement for loss in value of any goods supplied, if the loss is the result of unnecessary handling by you.
We will make the reimbursement without undue delay, and not later than 14 days after the day on which we are informed about your decision to withdraw from this contract.
We will make the reimbursement using the same means of payment as you used for the initial transaction, unless you have expressly agreed otherwise; in any event, you will not incur any fees as a result of such reimbursement.
We may withhold reimbursement until we have received the goods back, or you have supplied evidence of having sent back the goods, whichever is the earliest.
You shall send back the goods or hand them over to Ria Christie Collections, Uxbridge, United Kingdom, without undue delay and in any event not later than 14 days from the day on which you communicate your withdrawal from this contract to us. The deadline is met if you send back the goods before the period of 14 days has expired. You will have to bear the direct cost of returning the goods. You are only liable for any diminished value of the goods resulting from the handling other than what is necessary to establish the nature, characteristics and functioning of the goods.
Exceptions to the right of withdrawal
The right of withdrawal does not apply to:
- The delivery of newspapers, journals or magazines with the exception of subscription contracts; and
- The supply of digital content which is not supplied on a tangible medium (e.g. on a CD or DVD) if you accepted when you placed your order that we could start to deliver it, and that you could not withdraw once delivery had started.
Shipping terms
Orders usually ship within 2 business days. If your book order is heavy or oversized, we may contact you to let you know extra shipping is required. Thank you!