After completing this course, the learner will be able to :
Understand how governing bodies and different service providers practically contribute to governance and control of real estate investment products.
Looking at operating models/roles
Discuss how these actors help manage risk and compliance
Understand how the governing bodies and the different service providers practically contribute to governance and control of real estate investment products.
Consider a typical operating model and the roles and responsibilities of various parties and discuss how these actors help manage risk and compliance
Case study: Fraud over cash flow in investment structure (misdirection of cash)
The Board of the AIF, the Auditor and the Regulator
The AIFM - Portfolio management, the Asset Manager & the Property Manager
Case study: Tenant Bankruptcy, Breach in LTVs / DSCR loan covenants
The AIFM - Risk management & Compliance
Case study: A disruptive market event such as the GFC, leading to valuation, NAV and liquidity issues
The Valuation Function
The Administrator, Accounting Agent, Transfer Agent and Financial Controller
Everyone working with and wishing to develop their understanding Real Estate Investment Products, including Fund & Asset Managers, Accountants, Risk Managers, Bank Employees, Administrators, Corporate Secretaries etc.
Chambre de Commerce Luxembourg7, rue Alcide de Gasperi