European Master and Certification Program
in Risk Engineering and Management

FRME2-4:
Risk Management in Real Estate

Course code: 128057
Language of instruction: English
Lecturers: Prof. Dr. Dr. h.c. Dirk Linowski (Steinbeis University Berlin), Rolf Seebauer
Assessment: Defined in the module

Short description

Applying conventional Risk Management procedures and techniques in Real Estate is not possible and adapting them to this industry can be quite challenging.
Risk Management in the Real Estate industry does not solely concern the portfolio but also risks inherent to the structure and those embedded in the full investment value chain. In developing the Risk Management framework, best practice linked to the industry will need to be considered. This course will present those issues with a special attention to two pillars of Real Estate portfolio risk mitigation: a sound monitoring system and a rigorous investment policy.

Objectives

- to enable students to understand the specific features of real estate as an investment class (especially residential vs. commercial and industrial RE),

- to enable students to master practical examples of financial planning and real estate valuation, and

- to enable students to perform risk analyses for individual properties as for real estate investment vehicles.

Target Attendees / Participants

Students of Steinbeis Master of Business Administration

Course Content by Units

The course firstly provides an overview of real estate economics, followed by urban economics and real estate analysis. We, then, continue with real estate analysis at the micro-level and the-macro level, respectively. 

Teaching Methods

Classic lecturing

Free and interactive class discussion

Literature

D. Geltner, N. Miller (2013): Commercial Real Estate Analysis and Investments, 3 Edition, Oncourse Learning.

M. Miles, G. Berens (2013): Real Estate Development: Principles and Process, 4th Edition, Urban Land Institute.


For more information about the European Master and Certification Program in Risk Engineering and Management in general, go the Homepage.
For more information about the European Master Program in Risk Engineering and Management in general, go the Master Study page.
To see more courses in the curriculum, go to The curriculum page, or by date and topic go to the Calendar of Courses page.
Contact: via email sti889@risk-technologies.com or phone +49 711 1839 781 or +49 711 1839 647
(Course profile ID: FRME2-4:, generated on November 19, 2018)