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Global property investment | strategies, structures, decisions / | Andrew Baum and David Hartzell. (Record no. 1243)

MARC details
000 -LEADER
fixed length control field	08086nam a2200373 a 4500
001 - CONTROL NUMBER
control field	b10564421
003 - CONTROL NUMBER IDENTIFIER
Πεδίο ελέγχου	CY-PaNEU
005 - DATE AND TIME OF LATEST TRANSACTION
Πεδίο ελέγχου	20240719090036.0
006 - FIXED-LENGTH DATA ELEMENTS--ADDITIONAL MATERIAL CHARACTERISTICS
fixed length control field	a\|\|\|\|\|r\|\|\|\|\|\|\|\|\|\|\|
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field	140910s2012 enka sb 001 0 eng d
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
ISBN	0470673990
Επεξηγηματικές πληροφορίες	hardcover
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
ISBN	1444335286
Επεξηγηματικές πληροφορίες	pbk.
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
ISBN	1444361953
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
ISBN	9780470673997
Επεξηγηματικές πληροφορίες	hardcover
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
ISBN	9781444335286
Επεξηγηματικές πληροφορίες	pbk.
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
ISBN	9781444361957
040 ## - CATALOGING SOURCE
Original cataloging agency	DLC
Language of cataloging	English
Transcribing agency	DLC
Modifying agency	BTCTA
--	YDXCP
--	CDX
--	C#P
--	DLC
--	WaSeSS
--	CY-PaNEU
Κανόνες περιγραφικής καταλογογράφησης	AACR2
050 00 - LIBRARY OF CONGRESS CALL NUMBER
Classification number	HD1382.5
Item number	.B378 2012
100 1# - MAIN ENTRY--PERSONAL NAME
Personal name	Baum, Andrew E.
9 (RLIN)	688
240 10 - UNIFORM TITLE
Ομοιόμορφος τίτλος	Global property investment (Online)
245 10 - ΤΙΤΛΟΣ & ΔΗΛΩΣΗ ΥΠΕΥΘΥΝΟΤΗΤΑΣ
Τίτλος	Global property investment
Medium	[electronic resource]
Remainder of title	strategies, structures, decisions /
Statement of responsibility, etc.	Andrew Baum and David Hartzell.
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Place of publication, distribution, etc.	Chichester, West Sussex ;
--	Hoboken, New Jersey :
Name of publisher, distributor, etc.	Wiley-Blackwell,
Date of publication, distribution, etc.	2012.
300 ## - PHYSICAL DESCRIPTION
Extent	xvi, 559 p. :
Other physical details	ill. ;
Dimensions	25 cm.
504 ## - BIBLIOGRAPHY, ETC. NOTE
Bibliography, etc. note	Includes bibliographical references and index.
505 8# - FORMATTED CONTENTS NOTE
Formatted contents note	Machine generated contents note: Preface. Acknowledgements. PART ONE REAL ESTATE AS AN INVESTMENT: AN INTRODUCTION. Chapter 1 Real estate -- the global asset. 1.1 The global property investment universe. 1.2 Market players. 1.3 Property -- its character as an asset class. 1.4 Conclusions. Chapter 2 Global property markets and real estate cycles, 1950-2010. 2.1 Introduction. 2.2 The United States. 2.3 The United Kingdom. 2.4 Continental Europe. 2.5 Asia. 2.6 Conclusions. Chapter 3 Market fundamentals and rent. 3.1 Introduction: the global property cycle. 3.2 The economics of rent. 3.3 Forecasting rents. 3.4 Conclusions. Chapter 4 Asset pricing, portfolio theory and real estate. 4.1 Risk, return and portfolio theory. 4.2 A property appraisal model. 4.3 The model components. 4.4 The required return for property assets. 4.5 Forecasting real estate returns. 4.6 Conclusions: a simple way to think about real estate returns. PART TWO MAKING INVESTMENT DECISIONS AT THE PROPERTY LEVEL. Chapter 5 Basic valuation and investment analysis. 5.1 Introduction. 5.2 Estimating future cash flows. 5.3 The discount rate. 5.4 Conclusions. Chapter 6 Leasing. 6.1 Introduction. 6.2 Legal characteristics of leases. 6.3 The leasing process. 6.4 Important economic elements of a lease. 6.5 Lease economics and comparison: effective rent. 6.6 Conclusions. Chapter 7 Valuing commercial real estate: the unleveraged case. 7.1 Introduction: the investment opportunity. 7.2 Developing a pro forma income statement. 7.3 Valuation using the cap rate. 7.4 Valuation using cash flows. 7.5 Applying discounted cash flow to analyze investment feasibility. 7.6 Conclusions. Chapter 8 Mortgages: an introduction. 8.1 Introduction. 8.2 What is a mortgage? 8.3 The risks and returns of mortgage investment. 8.4 The financial components of a mortgage. 8.5 The mortgage menu. 8.6 An introduction to mortgage mathematics. 8.7 Conclusions Chapter 9 Commercial mortgage underwriting and leveraged feasibility analysis. 9.1 Introduction. 9.2 The mortgage underwriting process. 9.3 Investment feasibility with leverage: before-tax analysis. 9.4 Investment feasibility with leverage: after tax analysis. 9.5 Conclusions. Chapter 10 Valuing the private real estate entity. 10.1 Introduction: the four quadrants and private equity. 10.2 Sponsor economics. 10.3 The life cycle of a private equity fund. 10.4 Fund economics. 10.5 Waterfall structures. 10.6 Private equity funds in the credit crisis. 10.7 Conclusions. PART THREE REAL ESTATE INVESTMENT STRUCTURES. Chapter 11 Unlisted real estate funds. 11.1 Introduction to unlisted real estate funds. 11.2 The growth of the unlisted real estate fund market. 11.3 Unlisted fund structures. 11.4 Characteristics of unlisted real estate funds. 11.5 Liquidity and valuation issues. 11.6 The case for and against unlisted real estate funds. 11.7 Conclusions. Chapter 12 Public equity real estate. 12.1 Introduction. 12.2 REITs and REOCs. 12.3 Listed funds and mutual funds. 12.4 Exchange traded funds (ETFs). 12.5 The U.S. REIT experience. 12.6 The global REIT market. 12.7 REIT pricing. 12.8 Conclusions. Chapter 13 Real estate debt markets. 13.1 Introduction. 13.2 A brief history lesson. 13.3 Wall Street Act I: the early residential mortgage-backed securities market. 13.4 Wall Street Act II: senior-subordinated securities, the advent of structured finance. 13.5 Wall Street Act III: the evolution of structured finance. 13.6 Collateralized debt obligations (CDOs). 13.7 Summary. 13.8 Mezzanine debt. 13.9 Cash-out refinancing. 13.10 All good things must come to an end. 13.11 Conclusions. Chapter 14 Real estate derivatives. 14.1 Introduction. 14.2 A short history of the real estate derivatives market. 14.3 Total return swaps. 14.4 Structured real estate index notes. 14.5 Traded property futures and options. 14.6 Pricing property derivatives. 14.7 Property derivatives: pros and cons. 14.8 Property derivatives: spin-offs. 14.9 Conclusions. PART FOUR CREATING A GLOBAL REAL ESTATE STRATEGY. Chapter 15 International real estate investment: issues. 15.1 Introduction: the growth of cross-border real estate capital. 15.2 The global real estate market. 15.3 The case for international real estate investment. 15.4 The problems: an introduction. 15.5 Technical issues. 15.6 Formal barriers. 15.7 Informal barriers. 15.8 Conclusions. Chapter 16 Building the global portfolio. 16.1 The top-down portfolio construction process. 16.2 Strengths, weaknesses, constraints: portfolio analysis. 16.3 A pricing approach for international property. 16.4 Managing currency exposure and currency risk. 16.5 Portfolio construction. 16.6 Conclusions. Chapter 17 Performance measurement and attribution. 17.1 Performance measurement: an introduction. 17.2 Return measures. 17.3 Attribution analysis: sources of return. 17.4 Attribution analysis: the property level. 17.5 Attribution analysis: the portfolio level. 17.6 Attribution and portfolio management: alpha and beta. 17.7 Performance measurement and return attribution for property funds. 17.8 Conclusions. Chapter 18 Conclusions. 18.1 Why property? 18.2 Liquid structures. 18.3 Unlisted funds. 18.4 International investing. 18.5 Best practice real estate investing. 18.6 Pricing. 18.7 The future. References. Glossary. Index.
506 ## - RESTRICTIONS ON ACCESS NOTE
Terms governing access	Access restricted to BGSU students, faculty and staff.
520 ## - SUMMARY, ETC.
Summary, etc.	"Developments in the sophistication of global real estate markets mean that global real estate investment is now being executed professionally. Thanks to academic enquiry, professional analysis and entrepreneurial activity, backed by the globalisation of all investment activity, there is now an available body of material which forms the basis of this scholarly but practical summary of the new state of this art. The measurement, benchmarking, forecasting and quantitative management techniques applied to property investments are now compatible with those used in other asset classes, and advances in property research have at last put the ongoing debate about the role of real estate onto a footing of solid evidence. The truly global scope and authorship of this book is unique, and both authors here are singularly well qualified to summarise the impact and likely future of global innovations in property research and fund management. Between them, they have experienced three real estate crashes, and have observed at first hand the creation of the real estate debt and equity instruments that led to the global crisis of 2008-9. Global Property Investment: strategies, structure, decisions offers a unique perspective of the international real estate investment industry with: a close focus on solutions to real life investment problems no excessive theoretical padding a target of both students and professionals highly qualified dual-nationality authorship"--
Assigning source	Provided by publisher.
650 #4 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element	Investments, Foreign.
9 (RLIN)	10111
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element	Real estate investment.
9 (RLIN)	329
655 #0 - ΟΡΟΣ ΕΥΡΕΤΗΡΙΟΥ – ΕΙΔΟΣ / ΜΟΡΦΗ (GENRE/FORM)
Genre/form data or focus term	Electronic books.
700 1# - ADDED ENTRY--PERSONAL NAME
Personal name	Hartzell, David.
710 2# - ADDED ENTRY--CORPORATE NAME
Corporate name or jurisdiction name as entry element	Ebrary Business & Economics Subscription Collection.
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Koha item type	Books

Holdings
Not for loan	Collection code	Owning library	Holding library	Date acquired	Total Checkouts	Total Renewals	Call number	Barcode	Date last seen	Date last checked out	Copy number	Price effective from	Koha item type
	NUP Main Collection: Textbooks	Library Neapolis University Pafos	Library Neapolis University Pafos	14/09/2010	22	18	HD1382.5.B378 2012	3005393	30/06/2025	24/06/2025	1	28/06/2020	Books
Not For Loan	NUP Main Collection: Textbooks	Library Neapolis University Pafos	Library Neapolis University Pafos	14/09/2010			HD1382.5.B378 2012	3005394	28/06/2020		1	28/06/2020	Textbooks
	NUP Main Collection: Textbooks	Library Neapolis University Pafos	Library Neapolis University Pafos	14/09/2010	9	3	HD1382.5.B378 2012	3005392	19/01/2024	09/08/2023	2	28/06/2020	Textbooks