Portfolio Construction
Delivered by leading industry professionals, this course explores how investors decide their allocations to real estate and build optimal portfolios by size, location and available products in today's market. This knowledge underpins almost every decision made in non-listed real estate, wherever you sit in the industry.
Participants will learn how to apply general allocation techniques when constructing non-listed real estate portfolios, and will deepen their understanding of portfolio construction and long-term development, and how strategic decisions influence long-term performance.
The Attendance Fee is:
€950 for INREV members
€1200 for non-members
If you are not an INREV member and wish to register, please contact INREV Academy.
This course addresses the fundamentals of portfolio construction theory and its practical application, as well as the limitations of real estate portfolios in practice.
It examines real estate investment strategies against the backdrop of the macroeconomy and property market cycles, and shows how investors take a multi-asset approach using real-life examples. The course also covers the role of leverage in a real estate portfolio and addresses key strategic issues such as fees, risk and fund and manager selection, with the opportunity to discuss these topics directly with senior industry leaders.
The course begins with a networking dinner on the evening of 10 November, a great opportunity to meet fellow participants and speakers before a full day of interactive sessions, discussions and a case study exercise.
The course will cover the following topics:
- Theory and practice of portfolio construction, and the realities of diversification
- The role of the macro economy, property market cycles and long-term megatrends in steering portfolios
- The role of real estate in a multi-asset portfolio, and related access routes
- Leverage and other strategic issues, including expected vs. realised returns and the impact of fee structures
- Fund and manager selection, including sourcing techniques and due diligence
- An interactive case study exercise to apply what you've learned to a real-life scenario
Upon completion of the course, participants will be able to:
- Apply general allocation techniques when constructing non-listed real estate portfolios
- Understand how investors decide their allocations to real estate and build optimal portfolios by size, location and available products
- Recognise how the macroeconomy and property market cycles affect real estate performance
- Recognise the benefits and risks of leverage, and the impact of different fee structures on performance
- Understand how investors identify and select the right managers
This course is ideal for early- to mid-career professionals across the non-listed real estate industry. It's designed for those who want to sharpen their understanding of portfolio construction for an existing indirect real estate portfolio, and stay ahead of market trends.
It's a strong fit if you're an institutional investor or adviser, work in investment or fund management, or are building your career in investor relations, research or strategy. You'll learn directly from, and network with, peers and senior leaders shaping the sector.
Location
This course counts towards the INREV Academy Certificate for Non-listed Real Estate Investments. It is a mandatory course for the Portfolio Management stream and an elective course for the Corporate Finance stream.
Questions about training and education?
Please don't hesitate to contact us.