Page 8 - MONECO Financial Training Catalogue

REAL ESTATE VALUATION MODELLING WORKSHOP

DATES: March 16 – 17, 2026 • PRICES: € 1,400 In-class, € 1,050 Online • LOCATION: Prague and Online
Attend this intensive 2-day training program and learn:

• How valuers use traditional Course Description
and modern methods to Real estate valuation models can be opaque and difficult to decipher but are a crucial
element of the world of investment and development. This course, aimed at professionals,
appraise property. will provide an insight into the processes involved in property valuation in order that
bankers, investors and fund managers can better understand what to expect from
• How to start building cash a valuation report.
flow models to appraise On Day 1 we will start with an introduction to the main concepts, offering an overview of
the main methodologies employed in the appraisal of real estate, and how to construct
property assets. basic cash flow models.
Day 2 will build on Day 1, introducing more complex valuation components while building
• How to interpret the an understanding of the wider property market and the influences of real estate’s unique
results through better aspects. We will finish the course by looking at development property valuations and the
approaches that valuation professionals use.
understanding of the What is the goal of this training?
underlying inputs and The goal of this training event is to introduce professionals new to the real estate industry
assumptions. to valuation modelling using Excel. You will also learn the relevance of real estate as an
investment medium, particularly relevant as the availability and sophistication of property
investment products continues to grow.
• Building debt into cash flow Who should attend?
models. • Investors and Developers
• Fund Managers
• Valuations of development • Asset Managers
sites. • Property Analysts
• Real Estate Financers
Methodology
The course is divided into 8 sessions where we will explain each topic through the
presentation and real-life examples. Each session comprises classroom teaching
combined with interactive group exercises and discussions, each accompanied by
a case study.

30
MONDAY, MARCH 16 12 –13 30 Session 6: Multi-let properties
00
09 – 09 15 Lunch break • Valuing multi-let assets
00
30
Welcome and Introduction 13 –17 • Valuation specifics by property type –
30
15
09 –12 Session 3: inherent differences between the main
Session 1: Growth Explicit Models of Valuation sectors
Introduction to Property Valuation • Cash flow for real estate investments • WAULT ad Running yield
• Run through of topics for the two • Discount rate Case study: Shopping centre valuation
days. • Net Operating Income – qualitative v quantitative approaches
• Property as an Asset • Discounted Cash Flow (DCF) model
30
• Introduction to methods of property for RE 12 –13 30
valuation UK model – 5 traditional • Internal Rate of Return v NPV Lunch break
30
methods of valuation plus modern Case study: Valuation of a single-let 13 –17 00
methods investment opportunity Session 7: The effects of debt
• US/International model – 3 • Levered cash flows
approaches Session 4: • Effects of loans on financial metrics
• Worth v Price v Value Building a more complex cash flow • New trends in debt
Case study: Consideration of model • Risk analysis (sensitivity, scenarios)
investment assets – what features • Spreadsheet management & good Case ssstudy: Building debt into our
drive value? modelling habits cash flow model
• Headings
• Develop suitable formulas
Session 2: Session 8: Development properties
Starting small – valuation of • Inputs • Stages of development
a single-let property (Investment Case study: Valuation of a single-let • Traditional Methods
method) investment opportunity (continued) • Modern Methods
• Inputs • Comparison
• Consider and compare lease terms TUESDAY, MARCH 17 Case study: Valuation of development
00
30
• Calculation of a suitable capitalisation 09 –12 sites
rate Session 5: Using the model
• Valuation Arithmetic (PV, Year’s • Modelling an investment opportunity Summary and Conclusions of the
Purchase, growth) • Tenancy schedules, operating Workshop
• Outputs expenses, capital works
Case study: Case study: • Purchase/disposal
comparison of valuation methods • Reviewing model outputs
Case study: Building on the model,
preparing for multi-let

8 Hybrid course – both classroom and online training available.