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Finance, Investments & Funds

Advanced Property Fund Administration

Course details

CPD Points





Full day (09:00-17:00)

Course Overview

Property fund administration is a specialist area, and this course is designed to provide an overview of some of the more common areas fund professionals might encounter in this sector and how they are dealt with in practice.

Course Content

This course will cover:

Refresher on the background of Property Funds

  • Different Types of Property Funds
  • Roles and Responsibilities
  • Key Documents and Agreements in Property Funds

Taxation in Real Estate

  • Mind and Management
  • Relevant Real Estate Taxes, GST, Rental Income, Purchasing Tax, Withholding Tax
  • Tax Structures
  • Transfer Pricing
  • Real Estate Disposal Structures
  • Interest Cover Ratio
  • OECD Principles

Overview of the Property Fund Lifecycle

  • Establishment of Structure
  • Initial Call/Close from Investors
  • Initial Real Estate Purchase carried out 2nd Close/Call
  • Following Further Purchase
  • Valuation undertaken after First Quarter
  • Obtaining External Funding
  • First Financial Year End
  • Fund Maturity
  • Fund Wind Down
  • Final Distributions

Understanding the Role of Debt in Property Funds

  • Debt Yield and Syndication
  • Debt Waterfalls
  • Debt Management
  • Debt Security
  • Debt Levels / LTV
  • Internal V External Debt

Property Fund Accounting Considerations

  • Initial Property Purchase
  • Capital versus Revenue Transactions
  • Grossing Up
  • Methodology in regard to the Revaluation of Property
  • Accounting Standard Consideration under IFRS
    • Leases – IFRS 16
    • IFRS 15 – Revenues
    • IFRS 7 & 9

Property Fund Valuation

  • Pitfalls and Practical Case Study Session
  • Red Book Valuations

Course Benefits

This course is designed to provide you with a detailed look at the topical issues involved with the administration and accounting for property funds. By attending you will gain an enhanced understanding of property fund accounting and administration.


Basic fund and property fund experience.

Next Steps

If you would like to book a place on this course please click on the ‘Book Course’ button to the right of this page and login or register for a user account to complete your booking(s). Any queries please do not hesitate to contact us via [email protected] or call us on 01481 224570.

If no date is scheduled for this course at the present time please click on the ‘Register Interest’ button and login or register for a user account so that we can add you to our course interest register. This register allows us to contact our tutors and finalise dates for a course as soon as we have a few people who have expressed their interest, so the more delegates who register their interest, the sooner we can schedule a particular course.

Course Tutor

  • Will Morgan

    Will Morgan is an award-winning tutor, a qualified accountant and consultant working with clients in Guernsey, Jersey, Dublin and the UK. Will founded Offshore in 2007 along with partner John Richardson to provide accounting, training and consulting solutions to numerous regulated and commercial clients in a wide variety of industries.

    Will is an experienced trainer with exceptional practical knowledge of accounting standards. Will’s training has been adapted over the years based on the work he has undertaken in the Channel Islands, understanding the practical skills that professionals need, rather than theoretical concepts. His classes are highly interactive; sometimes amusing and always engaging.

Upcoming Courses

Some courses we run are scheduled based on demand. Please ensure you register your interest to ensure we know which courses you would like to attend.