Course syllabus

Real Estate Finance

VFTN40, 7,5 credits, A (Second Cycle)

Valid for: 2019/20
Decided by: PLED L
Date of Decision: 2019-04-04

General Information

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


This course addresses the principles and practices of real estate (RE) financing. Special emphasis is placed on the role of RE in society, and the role of different actors within the RE market. The course provides knowledge and skills concerning different financing instruments and credit forms from both the society´s and private perspectives. The course also gives insight on issues such as RE portfolio management, RE transactions, socially responsible investing (SRI), as well as future developments in the RE market.

Learning outcomes

Knowledge and understanding
For a passing grade the student must


Competences and skills
For a passing grade the student must


Judgement and approach
For a passing grade the student must


This course focuses on the RE sector’s role in society, including the special characteristics and actors within the RE market. Focus is placed on the RE market’s connection to monetary policy, financial stability and crises. Furthermore, the course analyzes and compares the different types of RE credits, and discusses the financing of RE projects. Other topics comprise RE transactions and due diligence (DD), RE portfolio management, Socially Responsible Investing (SRI), as well as future developments in the RE market.

The course involves a project undertaken in groups.

Examination details

Grading scale: TH - (U,3,4,5) - (Fail, Three, Four, Five)
Assessment: Final examination and participation in and delivery of project.

The examiner, in consultation with Disability Support Services, may deviate from the regular form of examination in order to provide a permanently disabled student with a form of examination equivalent to that of a student without a disability.


Admission requirements:

The number of participants is limited to: No
The course overlaps following course/s: VFR120

Reading list

Contact and other information

Course coordinator: Riikka Kyrö,
Director of studies: Ingemar Bengtsson,
Course homepage:
Further information: The course will be mainly given in English, with certain parts in Swedish. Note that it is possible to take the course without Swedish language skills.