Alternative assets valuation and valuation oversight: real estate
Real estate continues to be one of the most active and profitable investment opportunities. In today’s rapidly changing environment, real estate professionals are looking across the enterprise and are continuously assessing opportunities to grow revenue and better manage costs and risks in order to remain competitive in the marketplace. The proper understanding of the key risk is of paramount importance and relates to the value of real estate assets.
Market uncertainty, inflation, rising interest rates and pressure from governing bodies for additional regulation in the alternative investment sector such as real estate are some important elements which we believe will put an increasing emphasis on the requirement to have a strong and reliable fair valuation process for alternative assets. Going forward, general partners can expect investors, auditors and regulators to scrutinise their valuation estimation more closely.
PwC Academy is pleased to offer this course designed to help participants to navigate through the challenges associated with real estate valuation oversight.
This module is part of our Alternative assets valuation training curriculum.
Duration: 3h
Language: Available in English
Number of participants: up to 15
Available as intra-company course (i.e. dedicated session on demand)
Course content can be customised on demand under specific conditions.
Objectives
By the end of this course, participants will be able to:
- explain the steps involved in the real estate valuation process;
- critically analyse the real estate opportunities;
- better understand real estate investment decisions;
- gain significant insight into the most widely practised property income valuation techniques;
- understand how a real estate valuation report is performed;
- know where to find key information;
- understand how to challenge key information;
- locate dedicated market data to benchmark real estate valuation parameters.
Content
- Real property concepts and characteristics
- Influencing factors on real estate values
- Various types of value and economic principles
- Solid foundation on basic appraisal principles
- Main valuation risks
- Valuation review procedures from an audit perspective
- Local and European market updates
- Case study allowing participants to apply the concepts presented during the training
Target audience
- Accountants/administrators
- Internal auditors dealing with real estate issues
- Professionals of the financial sector dealing with real estate investments
- Bankers and credit officers
- Real estate investors and analysts
- Current and future risk, valuation and portfolio managers
- ManCo/AIFM conducting officers/directors in charge of risk and portfolio management
- ManCo/AIFM board members
Our lead experts
This training is coordinated by Alexandre Goossens, Partner at PwC Luxembourg and RICS member.
Alexandre Goossens is a partner at PwC Luxembourg, specialising in Alternatives Valuations Real Estate Services with over 15 years of experience as both a consultant and valuer in the real estate market. Since joining PwC in 2014, he has led a team responsible for the annual review of more than 2,000 assets across real estate, debt, infrastructure, and forestry, managing a comprehensive global real estate market database. Alexandre oversees the implementation of models and processes for fund management under AIFMD, focusing on valuation, risk, and portfolio management. He is an active member of RICS and serves as lead instructor for real estate valuation courses internally and externally, including lecturing at Neoma Business School Reims. His notable projects include managing valuation teams, co-leading PwC’s valuation center of excellence, conducting gap analyses for AIFMD functions, and advising on real estate transactions and strategy.
