bsc. real estate finance and investment [ardhi university-tanzania]

Company Proprietary and Confidential

REFI Programme in a Nutshell

Noah AmriJune,6 2014

SRES PROFESSIONAL DAY

B.Sc. REAL ESTATE FINANCE AND INVESTMENT(B.Sc. REFI)


REAL ESTATE BUSINESS

o To most of us - both as individuals or a corporates owning of real estate either through construction or purchase, represents the biggest expenditure we would ever make.

o These construction activities and purchase transactions happen every day at some point and place involving the transfer of really huge amounts of funds.


o Hence real estate is a business of its own kind, involving investment of large capital outlays for either purchase or construction of properties.

o The business does not only require different financing mechanisms but also critical analysis of technical, economical, legal and environmental viability and perfomance of the investments.

o As the case, investment in real estate should always be viewed from an

investment perspective of analysing risk and return profiles of the respective investment projects.


o The changing socio-economic and political climate of the country has definitely contributed much towards a new thinking on the part of the government and all stakeholders, that investng in real estate must be taken seriously. On the wake of these developments tracer studies showed a gap in experts in some areas of real estate discipline. This culminated into the establishment of more real estate degree programmes at Ardhi Universitry, on top of traditional programmes, B.Sc. REFI is one the new programmes


o Carrying out of real estate investments needs specialised skills due to the distinct nature of this asset class as opposed to other investment vehicles such as shares and bonds, and these skills are comprehensively acquired in B.Sc. Real Estate finance and Investment.

o The degree programme produces highly qualified graduates with extensive knowledge on the field of real estate investments; its legal and technical issues plus financing options, on both international and national real estate markets.

o The programme started in 2007, being a four year programme of which its first graduates entered the industry in 2010. Graduates being thouroughly equiped with industrial based tools and skills have since then proved to be the best in the industry as reported by many employers.


SOME FUNCTIONS OF REAL ESTATE INVESTMENT ANALYSTS

Bsc.REFI

Project feasibility

and Appraisal

Real estate

financing options

Real estate marketing

and agency

Appraising the

performance of

investments

Legal issues on Real estate

investments

Investment project

planning and

management

Management of the Inv.

property, tenants and

lease agreements


RANGE OF REFI EMPLOYERS

REFI EMPLOYERS

Pension funds

Insurance companies

Private equity firms

Commercial Banks

Real Estate development companies

Architectural and

Construction companies

Accounting and Finance management

Firms

Investment departments

in Government

ministries

Mortgage Bankers and

broker


“B.Sc. REFI IS SPECIAL AND UNIQUE”

oThis is the unique degree programme and almost the only one offered in Africa -integrating real estate issues with finance on an investment perspective

oThe programme is a master’s programme like in nature since most of it is often studied at a masters level. Hence graduates being grounded for four years acquire extensive knowledge on real estate investing and finance

oA financial consultant can give the same advice to many investors to invest in shares of the same company but not same advice could be given to developers due to heterogeneity of real estate investments

oChallenging legal aspects and issues of real estate investment call for professionals with deep knowledge of real estate laws, zoning regulations and building codes.


oThe best people to practice mortgage(loan) underwitting in banks today are REFI graduates due to their deep understanding on real estate financing.

oOpen to both domestic and international employment opportunities REFI graduates are posed to take advantage of the current East African Community integration.

oThe course is recognized by many professional bodies including RICS, TIVEA and AfRES which offers more professional opportunities.

oReal estate is booming in Tanzania and in East Africa in general. The mortgage industry in Tanzania is also catching very fast.

oThe government is in the process of enacting a law to cater for real estate agents which among other things will require that every real estate brokerage firm to have a professional real estate agent.


SOME AREAS IN WHICH OUR GRADUATES HAVE PROVED TO BE QUITE USEFUL

Inve

stm

en

t Au

tho

ritie

s e

.g

EP

ZA

, T

ICAppraisal of investment sites and land banking

Selection of Investors

Evaluation of Investment proposals

Appraising the performance of

Investments

Marketing of Investment areas

Gov

ernm

ent

Min

istr

ies/

Age

ncy

Project planning and Investment decisions

Project management

Infrastructure financing decisions

Housing finance decisions

Land disputes with income properties


Pro

pert

y In

vest

men

t/Man

agem

ent

Firm

s

Property development and maintenance

advises

Real estate finance and investment decisions

Undertaking feasibility studies and project

appraisal

Real estate market analysis

Managing properties, tenants and lease

agreements

Evaluation of performance of real estate investments

Insu

ranc

e C

ompa

nies

, Pen

sion

fund

s co

mm

erci

al b

anks

and

Mut

ual b

anks

Advice provision for fund’s/company’s financial

planning

Risk analysis in different types of investment decisions making

Advice on financing real estate investments

Feasibility studies and project appraisals

Real estate marketing and agency

Loan underwriting: determining loan amounts, borrowers

creditworthiness and income potential of projects


THANK YOU FOR LISTENING

“REFI THE GEMSTONE FOR QUALITY PROPERTY INVESTMENT”

Prepared by:

Noah Amri – 4048/T.2011+255 716 828 150

[email protected]

bsc. real estate finance and investment [ardhi university-tanzania]

Real Estate

o real estate

real estate finance

real estate financing

real estate issues

real estate investing

real estate agents

confidential o

real estate degree programmes