An introduction to the application of investment and finance theories to both the general investment markets and the property market.Aims to further develop students’ understanding of the cause of mis-pricing property assets and enable students to critically appraise issue relating to the selection, analysis and monitoring of property assets within he multi-asset portfolio. Topic to be covered include investment theory and the investment decision, characteristics of property as an investment; the nature of risk and return associated with property investments; role of property in the multi-asset portfolio; application of modern portfolio theory; performance monitoring; emergence of new financial products in the property sector and market efficiency and the cause of mis-pricing.
