Foreign investment in the real estate sector in Spain exceeds 29,000 million euros in the last four years
University launches new Master's Degree in Real Estate at Madrid campus with IESE Business School faculty partnership
FotoJoséJuan Rico/Mayka García Hípola is the academic director of Master's Degree University in Real Estate Strategy and Business.
18 | 01 | 2021
In terms of GDP, Spain is the second largest international market for real estate investment, ahead of countries such as the United States, Germany and France, and only behind the United Kingdom, with foreign investment in the last four years of more than 29,000 million euros.
With the goal of helping the professionalization of the Real Estate sector, the University of Navarra will offer -starting next academic year 21-22 at its Madrid campus- a new Master's Degree in Real Estate Strategy and Business,Master's Degree in Real Estatewith the partnership of the IESE Business School faculty .
As explained by its academic director, Mayka García Hípola -a professor with a PhD in Architecture at School of Architecture of the University of Navarra- "We are currently immersed in a digital, social, environmental and urban revolution that is transforming the way we live (14% of real estate transactions are residential and 4% are hotels), the way we work (21% are offices and 9% are industrial) and the way we buy (10% of real estate transactions are now retail )".
"In addition," adds the expert, "the traditional options are being strongly joined by alternatives that place the collective before the individual - the co-working and co-living-Decentralized versus localized, or hybrid options that mix residential with commercial and/or offices". "New business models are also emerging with force, such as the built to rentand 42% of operations are already land-based. Hence, it is a growing strategic field that requires professionals with a solid training theoretical, ethical and internship", details.
Madrid World Capital of Construction
Recently the School of Architecture of the University of Navarra has been incorporated as academic partner MWCC(Madrid World Capital of Construction), "an ecosystem with more than 80 public and private entities, companies, programs of study of architecture and engineering that, from the city of Madrid, are committed to international leadership in a sector in which we have a competitive advantage," says the director of the program.
This Master's Degree -which can be taken in double format with the Master's Degree University Enabling Degree in Architecture (MUA)- has a module of external practices, in addition to the work Final Master's Degree, and with specific training in data analysis. "The heart of the program is a solid academic training with a central role of Ethics as an underlying principle in all actions and decisions taken in the Real Estate field," stresses the director of the School of Architecture, Miguel A. Alonso del Val. "The MRE completes the training offer that the School has been providing in Madrid since 2015 with the MDGAE, the MUA and the double program MAS, with the goal, in this case, to extend our reach also to other professionals in the sector, such as economists, engineers or technical architects," he culminates.