Clik here to view.
YIELDS – AN ANDREW BAUM APPROACH
In my time of studying property and property finance, one of the neatest equations I came across was introduced to me by Andrew Baum. He is a big advocate for thinking about property yields in the...
View ArticleClik here to view.
APC BONANZA
With APC season fast approaching, we’re going to be uploading a series of blogs that will hopefully be of use to those of you guys who are sitting – and maybe a refresher to some of you for who RICS...
View ArticleClik here to view.
DO I NEED TO “KNOW” THE LANDLORD AND TENANT ACT?
This is a question asked by every APC candidate, at some point during their preparation. Weirdly, even if it’s not a competency at all, you do need to know some of it. I’ll pick up some key points...
View ArticleClik here to view.
SWAPS – A beginner’s guide in a property context
A swap is a swap, as you know it – exchanging one thing for another. In a plain vanilla world, you might expect the cost of a loan to be, say 7% per annum. However, banks look to match their income to...
View ArticleClik here to view.
EXIT YIELDS – Myths dispelled
Myth 1. Growth is explicit in the cashflow. Therefore use a growth explicit exit yield. Myth 2. You should not forecast – it is not your job. Myth 3. You can only go on property market evidence today I...
View ArticleClik here to view.
ENTREPRENEURIALISM IN PROPERTY – a dying art?
In 1925 Edward Erdman walked boldly into a west end shop, dressed in a bowler hat and stiff collar. Asking to speak to the Chairman, he told floor staff that his visit was “special and personal”. His...
View ArticleClik here to view.
10 APC TIPS
Some last minute tips from our twitter feed, for anyone about to sit: #APC tip no.1: learn by constantly asking and answering sample questions orally with others (in particular, get as many mocks from...
View ArticleClik here to view.
ULI: ARE WE RESTRUCTURING OUT OF THE DEBT CRISIS – Advice from the experts on...
As a new member of ULI, I decided to try out their seminar on loan maturities and insolvency. It was an excellent event, with an experienced (but relatively young) panel. There was a long and...
View ArticleClik here to view.
APC QUESTIONS
There have been a few APC questions kicking around this season. Now available to all: Accounts Why assess covenant strength? The risk of tenant default affects security of income. It affects the...
View ArticleClik here to view.
ULI EUROPE: Mentorship programme 2013
I thought I would do a quick post to promote what I think is a really useful programme for young people in the industry. The Urban Land Institute is running a mentorship programme for its young members...
View Article
