{"title":"Andrew E. Baum","description":"\u003cp\u003eAndrew E. Baum's works delve into the complexities of property investment and real estate finance, offering detailed analysis and practical insights. His writing is essential for readers seeking a deeper understanding of investment appraisal and the financial mechanisms shaping real estate markets.\u003c\/p\u003e\n\n\u003cp\u003eCombining rigorous research with clear explanation, Baum's books serve both professionals and students in the finance and investment sectors. Expect material that balances theory with real-world application, illuminating the nuances of property investment decisions.\u003c\/p\u003e","products":[{"product_id":"real-estate-investment-and-finance-by-david-hartzell-9781119526094","title":"Real Estate Investment and Finance","description":"\u003cdiv class=\"book-description\"\u003e\n\u003cp\u003e\u003cb\u003eThe fully revised and updated version of the leading textbook on real estate investment, emphasising real estate cycles and the availability and flow of global capital.\u003c\/b\u003e\u003c\/p\u003e\n\n\u003cp\u003e\u003ci\u003eReal Estate Investment\u003c\/i\u003e remains the most influential textbook on the subject, used in top-tier colleges and universities worldwide. Its unique, practical perspective on international real estate investment focuses on real-world techniques which measure, benchmark, forecast, and manage property investments as an asset class. The text examines global property markets and real estate cycles, outlines market fundamentals, and explains asset pricing and portfolio theory in the context of real estate.\u003c\/p\u003e\n\n\u003cp\u003eIn the years since the text’s first publication, conditions in global real estate markets have changed considerably following the financial crisis of 2008-2009. Real estate asset prices have increased past pre-crisis levels, signalling a general market recovery. Previously scarce debt and equity capital is now abundant, while many institutions once averse to acquiring property are re-entering the markets. The latest edition – extensively revised and updated to address current market trends and practices as well as reflect feedback from instructors and students – features new content on real estate development, improved practical examples, expanded case studies, and more. This seminal textbook:\u003c\/p\u003e\n\n\u003cul\u003e\n  \u003cli\u003eEmphasises practical solutions to real investing problems rather than complex theory.\u003c\/li\u003e\n  \u003cli\u003eOffers substantial new and revised content throughout the text.\u003c\/li\u003e\n  \u003cli\u003eCovers topics such as valuation, leasing, mortgages, real estate funds, underwriting, and private and public equity real estate.\u003c\/li\u003e\n  \u003cli\u003eFeatures up-to-date sections on performance measurement, real estate debt markets, and building and managing real estate portfolios.\u003c\/li\u003e\n  \u003cli\u003eIncludes access to a re-designed companion website containing numerous problems and solutions, presentation slides, and additional instructor and student resources.\u003c\/li\u003e\n\u003c\/ul\u003e\n\n\u003cp\u003eWritten by internationally-recognised experts in capital management and institutional property investing strategies, \u003ci\u003eReal Estate Investment, Second Edition: Strategies, Structures, Decisions\u003c\/i\u003e is an indispensable textbook for instructors and students of real estate fund management, investment management, and investment banking, as well as a valuable reference text for analysts, researchers, investment managers, investment bankers, and asset managers.\u003c\/p\u003e\n\u003c\/div\u003e","brand":"Unknown","offers":[{"title":"Default Title","offer_id":47000723030252,"sku":"9781119526094","price":128.99,"currency_code":"NZD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0705\/7784\/8556\/files\/16208003482586.jpg?v=1763300543"},{"product_id":"property-investment-appraisal-by-steven-devaney-9781118399552","title":"Property Investment Appraisal","description":"\u003cdiv class=\"book-description\"\u003e\n\u003cp\u003e\u003cb\u003eDiscover an insightful examination of the property investment appraisal process from leaders in the industry.\u003c\/b\u003e\u003c\/p\u003e\n\n\u003cp\u003e\u003ci\u003eProperty Investment Appraisal\u003c\/i\u003e explains the process of property investment appraisal: the process of estimating both the most likely selling price (market value) and the worth of property investments to individuals or groups of investors (investment value).\u003c\/p\u003e\n\n\u003cp\u003eValuations are important. They are used as a surrogate for transactions in the measurement of investment performance and they influence investors and other market operators when transacting property. Valuations need to be trusted by their clients and valuers need to produce rational and objective solutions. Appraisals of worth are even more important, as they help determine the prices that should be paid for assets, even in times of crisis, and they can indicate market under- or over-pricing.\u003c\/p\u003e\n\n\u003cp\u003eIn a style that makes the theory as well as the practice of valuation accessible to students and practitioners, the authors provide a valuable critique of conventional valuation methods and argue for the adoption of more contemporary cash-flow methods. They explain how such valuation models are constructed and give useful examples throughout. They also show how these contemporary cash-flow methods connect market valuations with rational appraisals.\u003c\/p\u003e\n\n\u003cp\u003eThe UK property investment market has been through periods of both boom and bust since the first edition of this text was produced in 1988. As a result, the book includes examples generated by vastly different market states. Complex reversions, over-rented properties and leaseholds are all fully examined by the authors.\u003c\/p\u003e\n\n\u003cp\u003eThis Fourth Edition includes new material throughout, including brand new chapters on development appraisals and bank lending valuations, heavily revised sections on discounted cash flow models with extended examples, and on the measurement and analysis of risk at an individual property asset level. The heart of the book remains the critical examination of market valuation models, which no other book addresses in such detail.\u003c\/p\u003e\n\u003c\/div\u003e","brand":"Unknown","offers":[{"title":"Default Title","offer_id":47461317902572,"sku":"9781118399552","price":154.99,"currency_code":"NZD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0705\/7784\/8556\/files\/9781118399552-property-investment-appraisal.jpg?v=1774964607"}],"url":"https:\/\/bookhero.pro\/collections\/andrew-e-baum.oembed","provider":"Book Hero","version":"1.0","type":"link"}