Course syllabus

Fastighetsfinansiering
Real Estate Finance

VFR120, 7,5 credits, A (Second Cycle)

Valid for: 2012/13
Decided by: Education Board 3
Date of Decision: 2012-04-04

General Information

Elective for: L4-fe, V5-bf
Language of instruction: The course will be given in Swedish

Aim

The objective of this course is to examine financing and security interests arising when developing real estate. The course is to provide knowledge and skills concerning the perspectives of both lenders and debtors.

Learning outcomes

Knowledge and understanding
For a passing grade the student must

Competences and skills
For a passing grade the student must

Be able to:

 

Judgement and approach
For a passing grade the student must

Contents

Knowledge as to financing issues is becoming increasingly important, particularly as alternative forms of financing are generated. This course primarily addresses financing and credit issues with a specific focus on different types of real estate credit and the financing of real estate projects. Current credit forms as to financing and the real estate market are analyzed and compared. Credit security is necessary in this context and in line with the significant societal interest that exists in real estate financing, the course has a particular focus on these.

Mortgaging deeds are extensively addressed as well as alternative security forms - such as floating charges and sureties. The methods used by credit institutions for assessments as to credit are addressed. The method used by the credit market to acquire capital - such as the issuance of bonds and securitization - are important components in the course. The project work consists of a credit application to be drafted in a group. The assessment of the application is also a group task.

Examination details

Grading scale: TH
Assessment: Participation in project works and a final examination.

Admission

Admission requirements:

The number of participants is limited to: No
The course might be cancelled: If the number of applicants is less than 15.

Reading list

Contact and other information

Course coordinator: Professor Ulf Jensen, ulf.jensen@lantm.lth.se
Course homepage: http://www.lantm.lth.se
Further information: The course is taught in Swedish and may be cancelled if fewer than 10 students apply.