Real Estate Investment & Asset Management
Asset Management & Value Creation
The owner-side discipline of growing an asset's income and value - business plans, NOI growth, leasing strategy, capex and repositioning, ESG, reporting, and the hold-vs-sell decision. This course takes the perspective of the asset manager acting for an owner or fund, translating an investment thesis into a live business plan and executing the value levers that move net operating income and, through it, capital value.
The promise
Turn an investment thesis into a live asset business plan that grows income and value.
By the end you can
- Build an asset business plan for NOI growth
- Set leasing, capex, and repositioning strategy
- Embed ESG and reporting into the plan
- Make a defensible hold-vs-sell call
Where this course takes you
This course is part of 2 role tracks. Each ends in a professional deliverable and stacks toward a named certificate.
You'll produce: An investment committee memo — underwriting, a valuation cross-check, due-diligence findings, financing, and a clear recommendation.
Real Estate Investment Analysis certificateYou'll produce: A business plan for an asset — value-creation levers, leasing strategy, capex, ESG, and a hold / sell view.
Asset Management & Value Creation certificateCurriculum
The Asset Manager's Mandate
Translate the owner's objectives into a business plan and learn to read an asset through its rent roll, WAULT and lease events.
Driving NOI - Income
Grow the income line: leasing and rent reviews, arrears, recoveries and other income, and building an NOI bridge from last year to plan.
Driving NOI - Cost & Operations
Protect the income line by managing opex and service charge, procurement and contracts, and operational efficiency and benchmarking.
Leasing, Repositioning & ESG
Decide between retention and re-letting, appraise capex for refurbishment or repositioning, and understand ESG and the green premium / brown discount.
Performance, Reporting & Hold/Sell
Report asset KPIs to owners, connect the business plan to valuation, and make the hold-vs-sell decision.
Course assessment
Sign in to open lessons and track your progress.
The capstone project
This course ends in a real professional deliverable. Complete the course — including the capstone — and your certificate is issued automatically.
Your final deliverable
Asset Management Plan Capstone
A written 12-month asset management plan containing:
- Diagnosis - the two or three root causes of underperformance, evidenced from the rent roll, cost base and ESG position.
- Objectives - specific, mandate-aligned goals for the 12 months (occupancy, NOI, WAULT, ESG), with market-dependent targets flagged as requires local market data.
- Value levers, sequenced - a ranked table across income, cost, capital and risk, each action sized by lever and timing (not fabricated amounts), with early low-risk wins first.
- Leasing / cost / capex actions - retention vs re-letting decisions with an effective-rent rationale, service-charge and procurement fixes, and any capex justified as incremental value vs cost.
- NOI bridge - a line-by-line walk from current NOI to plan-year NOI, separating contracted from speculative lines, each tied to an action.
- KPIs and milestones - a quarterly dashboard (occupancy, NOI vs plan, WAULT, collection rate, non-recoverable opex per sqm, capex vs budget, energy intensity).
- Top three risks and mitigations, plus an early hold-vs-sell view referencing the mandate and fund life.
The plan should be internally consistent (levers, bridge and KPIs align), disciplined about market data (every price/yield/cost marked requires local market data), and defensible to an investment committee.
Graded on five criteria
- Method & rigour — The right framework, applied correctly, with the working shown — not just an answer.
- Data honesty — Every figure is sourced, triangulated, or explicitly flagged “requires local market data”. Nothing is invented.
- Analysis & judgment — Assumptions are explicit, at least one alternative is weighed, and the key risks are quantified.
- Recommendation — A clear, decision-useful conclusion a professional could act on — with the conditions that qualify it.
- Communication — Structured, concise, and client-ready — the argument lands.
Pass criteria
A submission passes when it meets the bar on all five criteria — the work is something a competent professional could put in front of a client or committee. The Verified Professional credential is issued on a pass.
Resubmission
Work that isn't there yet comes back marked “needs work” with specific feedback. You revise and resubmit — there is no penalty and no limit on attempts.
More in this academy
Investment Analysis Essentials
Underwriting fundamentals: cash flows, cap rates, and returns under uncertainty.
Real Estate Due Diligence
How to investigate a real estate acquisition before you commit. This course teaches the due diligence framework and red-flag thinking across the three core workstreams -- legal/title, financial/commercial, and technical/physical -- and shows how to turn findings into conditions, price chips, or a walk-away. Built for emerging-market realism, where title and registration risk is acute and thin data makes physical and commercial verification decisive.
Capital Markets, Debt & REITs
How real estate is financed and how capital is raised — the capital stack, debt, equity structures, REITs and listed real estate, and capital raising through the cycle, with emerging-market capital realities.