Financial Modelling for Real Estate Investment Trusts (REITs) Part 2: Refining the Core Financial Statements, Analysis and Valuation

Pre-Requisite: Completion of Financial Modelling for Real Estate Investment Trusts (REITs) Part 1: Building the Core Financial Statments

Key Learning Aims:

  • Demonstrate how to fill up gaps in the Balance Sheet, Income Statement and Cash Flow Statement
  • Test the robustness of the projected financial statements using signposts
  • Estimate a REIT’s funding requirements
  • Evaluate the accretion/dilution impact of an acquisition to a REIT
  • Propose a funding mix for an accretive acquisition
  • Assess a REIT’s future financial health using projected financial ratios
  • Propose a financial policy for a REIT to adhere to leverage targets
  • Value the REIT using the Dividend Discount Model (DDM)
  • Illustrate the effect of new unit issuance on the valuation of a REIT
  • Compare the value, financial ratios and financial leverage compliance of the REIT under different operating scenarios and assumptions

This Program is Recommended For:

  • Investment and research analysts
  • Investment banking professionals (Corporate Finance, Equity Capital Markets and Debt Capital Markets professionals)
  • Investment managers
  • Real estate valuers and analysts
  • Real estate developers and investors

Program Duration: 4 Hours

SIDC CPE Points: 10 SIDC CPE Points

Download the program brochure here.

Course Instructor

Kah-Teck Wong Kah-Teck Wong Facilitator

Kah Teck has more than a decade of capital markets experience. He was a portfolio strategist in CIMB Investment Bank and AmInvestment Bank where he was responsible for spearheading investment advisory and product development initiatives and also played an active role in evaluating numerous plain vanilla and hybrid fund raising options. He has also worked for the Securities Commission in research and formulating capital market development policies.

Now the Managing Director and Principal Trainer for FMTCS Sdn Bhd, Kah Teck passionately shares his knowledge and experience with professionals in many of Malaysia’s leading financial institutions and government-linked institutions. His trainees frequently credit him with the ability to make finance interesting and demystify complex finance concepts. 

Kah Teck graduated summa cum laude with a dual degree in finance and economics from the University of Pennsylvania’s Wharton School and School of Arts and Sciences, and holds an MBA (with Honors) from the Booth School of Business, University of Chicago. He is also a Chartered Financial Analyst (CFA) charterholder. Kah Teck was also awarded the ASEAN scholarship to pursue pre-university studies in Singapore. 

His teaching and research interests are in corporate finance, derivatives, securities valuation, financial risk management, financial modelling and financial analysis.

One-Time Payment

3 months of access