MSc Real Estate: field trip to Madrid

Group meal on the final night in Madrid

The students on the MSc Real Estate went on a field trip to Madrid last week (16 - 20 May). As you can see from the photos taken by Mike Patrick, the city looks amazing - click on the red links for more information. Through a series of talks and presentations from local experts and visits to key locations, the fieldtrip introduced the students to the issues of real estate markets in a major European city. The fieldtrip was designed to integrate a range of core real estate skills and disciplines and to:

• enable a comparison of retail outlet mall formats in different locations
• develop an understanding of the role of retail development in urban regeneration
• understand the key metrics in each commercial centre
• make a comparative assessment of the developments

The students (and staff) enjoyed presentations and walking tours with a number of local experts including:

Credit Suisse (Madrid) gave a presentation on the Spanish economy and the different sectors of the property market.

Knight Frank Madrid gave a presentation on the Madrid office market, both leasing and investment.

Nuveen Investment Management gave a tour around two of their Madrid area shopping malls and presented on how they manage them. These were Islazul and Xanadu (which has an indoor ski slope).

The Cuatro Torres Business Area - not far from the Bernabeu Stadium (home to Real Madrid)

The Gate of Europe part of the Cuatro Torres Business Area

The students listening to a presentation at Islazul shopping centre

Outside Islazul 

...and Islazul again

Xanadu shopping centre - a vast space with...

...a food court and restaurant seating for 7,000

And Snozone - Europe's largest indoor snow resort (including this dry ski slope) 

And then, back to Oxford.

For more information on the MSc Real Estate, take a look here:

MSc Real Estate on the website (course details)

MSc Real Estate on the blog