This subject describes the origins and history of REIT's both internationally and in Australia and examines the asset classes over the economic and investment cycles. The application of portfolio theory is also covered and focuses on the role real estate assets in both listed and unlisted forms can play in creating a diversified portfolio. Specific industry topics are analysed including REIT capital structure, fund evaluation and performance measurement. Additionally, the subject analyses the taxation in the property development and investment processes including corporate and individual income taxation structures, capital gain taxation, goods and service tax implications and various type of depreciation, capital allowances and research and development allowances.
|Faculty||Faculty of Society & Design|
1. Demonstrate an understanding of the financial system and tax regime and the implications of financing decisions and tax strategies.
2. Understand the history and composition of the diverse REIT industry.
3. Gain insight into modern portfolio theory and its application to real estate markets.
4. Understand how REIT funds operate and the various structures used to manage funds in the industry.
|Withdraw – Financial?||13/02/2021|
|Withdraw – Academic?||06/03/2021|