Course

[25 Aug 26] Advanced Real Estate Strategies: Securitization and Corporate Resilience for Developers

OVERVIEW    

With increasing financing complexities and shifting market dynamics, property developers need to understand securitization and capital market strategies. This course covers securitization processes and capital market solutions for property developers. Participants will examine asset-backed securitization, bond structures, profit participation schemes, and REIT frameworks.

The course addresses current market challenges: anti-speculation measures, interest rate impacts, and changing workspace demands. Strategic responses are examined including asset-light transitions, fund management businesses, offshore expansion, privatization options, and alternative asset diversification.

TOPICS COVERED

• Real estate & securitization process
• SREIT - Market size, growth drivers, structure types (offshore/onshore/mixed), external vs internal management
• SREIT legislative framework – Collective Investment Scheme (CIS) regime, valuations, business trust structure, leverage limits, sponsor requirements
• Analyzing REITS - DPU yields, performance metrics, interest rate impacts, mergers, internalisation, fee structures
• Long term future of real estate - Anti-speculation measures, interest rates, geopolitical risks, WFH impacts, decarbonisation, AI 

LEARNING OUTCOMES 

• Define securitization and evaluate bond structures and profit participation schemes
• Analyze SREIT market dynamics including growth drivers, anchor strategies, and tax benefits
• Compare SREIT structures - external vs internal management and asset classifications
• Assess REIT performance through DPU yields, interest rate sensitivity, and merger analysis
• Evaluate capital strategies including fund raising mechanisms, fee structures, and internalisation processes
• Identify market challenges from regulatory measures, interest rates, geopolitical risks, and climate impacts
• Formulate developer strategies including asset-light transitions, fund creation, offshore expansion, and diversification options

TARGET AUDIENCE

• Business development professionals in real estate development firms
• Investment analysts specializing in property markets
• Real estate asset managers

KNOWLEDGE PARTNER

Mr Tay Kah Poh

Kah Poh brings over 35 years of real estate expertise spanning practice and education. Currently a CEA-registered salesperson with VestAsia and former NUS Adjunct Associate Professor, he taught property development, investment, and ethics. Previously Executive Director at Knight Frank Singapore, he led consultancy teams serving corporate and government clients, and held senior roles including Head of Agency and Residential Services. He also served as Executive Vice President at Pacific Star private equity and consulted for Straits Trading Co Ltd. He holds an MA (Business Admin) from the University of Georgia, and a BSc (Est Mgt) (Hons) from NUS. He served previously as a member of the Strata Titles Board, and a member of the Disciplinary Committee of the CEA. He is currently the First Vice President of the Valuation & General Practice Division of the Singapore Institute of Surveyors and Valuers. He was, until 2020, an independent director of Roxy Pacific Holdings Ltd, a main board listed boutique developer.  He was also previously an independent director with Winmark Investment Holdings Limited (fka Serrano Limited), a building materials company, where he chairs both the Nominations and Remuneration Committee and is a member of the Audit and Risk Committee. 

Terms & Conditions

Request for withdrawal must be made in writing. We encourage particpants to nominate a replacement for the session. Refund requests are subject to approval on the following conditions: 

• Requests sent in at least 2 weeks before commencement: 50% of course fee refunded.
• Requests sent in less than 2 weeks before commencement: No refund, full course fee payable.

Ticket Information