Explores the Swiss real estate market structure, financial aspects of rental properties, net rental income, costs of equity and debt, and the impact of value-added works.
Explores the leverage effect in financing, showcasing how borrowing money can magnify returns and the importance of considering different interest rates in leverage analysis.
Delves into the concept of consent to pay in real estate economics, exploring the relationship between land price and investors' required rates of return.
Explores the impact of debt and taxes on firm value and shareholder wealth, covering Modigliani/Miller theorem, leverage effects, debt financing mechanics, and valuation methods.
Covers credit risk structuring, bank capital ratios, funding determinants, and optimal capital structure, emphasizing interbank lending and covered bonds.