Build a global business career in REAL ESTATE
Why Real Estate?
Real estate, or property, includes housing, offices, shopping malls, warehouses and factories. Real estate is the world’s most valuable asset. Mega real estate projects such as China’s ‘One Belt, One Road’ initiative is estimated to be worth more than a trillion US dollars alone. Furthermore, real estate plays a crucial role in economic growth and development.
What kind of work will I do?
The real estate industry is much more than just property transactions! Real estate is a long and complex process that starts with initial investment decisions, leading to appraisals, planning and design work, followed by construction, management, maintenance and asset maximisation. Real estate professionals use their specialist knowledge in finance, economics, planning, law, construction and valuation to solve a wide and varied range of problems such as:
- What is the business case for setting up a corporate HQ or industrial operation at a new location?
- What strategy will maximise the financial returns on a real estate investment trust (REIT)?
- What is the best deal structure to finance a real estate project in terms of funding sources, borrowing, return-on-investment and risk?
- What approach can an owner use to increase the value of their real estate assets, attract quality tenants, negotiate leasing arrangements and build long-term win-win relationships?
What career paths are available?
There is a high demand for qualified real estate professionals worldwide. Real estate professionals have excellent career prospects and the diverse range of opportunities in the sector include:
- Real estate investment
- Property and asset management
- Capital markets
- Commercial and retail property leasing
- Project and development services
- Valuation
- Advisory and consulting
- City and urban planning
Real estate professionals are typically employed by property developers, institutional real estate investors, property services consultancies, financial institutions, asset management firms and government agencies. Experienced professionals can even start their own firm.
Why study real estate versus a general business degree?
A degree in real estate will provide you with in-depth knowledge and skills specific to the real estate industry, giving you a distinct career advantage over those with a general business degree. Furthermore, in Malaysia and other countries, real estate professionals are licensed and having a recognised real estate degree is advantageous for professional recognition.
Why study with Henley Business School?
Real Estate and Planning at Henley Business School is ranked 1st in the UK for 'Land & Property Management' in 2017, 2018, 2019 and 2020 in the Complete University Guide. The programme at Henley Business School Malaysia carries professional recognition in Malaysia (BOVAEP and RISM), the UK (RICS) and Singapore (SISV).