Real Estate Research 2017-09-06T14:50:14+00:00

Real Estate Research

Learn from institutional real estate investment practitioners!

Why stock research and pitch matters?

  • Do you know how often you will be assigned stock research in interviews?

  • Do you know how you can impress hiring manager with your research reports?

  • Do you know how investment analysts conduct research on a daily basis?

  • Do you know the gap between academic training and industry standard when it comes to investment research?

James, CFA, Senior Real Estate Portfolio Manager

James brings with him more than 10 years of experience in evaluating, implementing and investing in operating companies and real estate. Presently, as the portfolio manager at The Straits Trading Company (“STC”), he oversees a portfolio of investments, in particular, stakes in ARA and Far East Hospitality. He is responsible for monitoring and strategizing to create value for the investments. Recent projects he successfully led and managed as owner’s representative include the acquisition of a distressed asset as well as the privatization of ARA.

Prior to joining STC, he was the Senior Manager at Ascendas Funds Management, the Manager of Ascendas Real Estate Investment Trust (“AREIT”), where he was responsible for developing management and transaction management of a mixed development, as well as investor relations and corporate development.

He penetrated the Finance and Investment field through Titan Capital Asia, where he joined as an Associate in 2007, just before the Global Financial Crisis. Under the tutelage of Mr. Tan Bien Kiat, Managing Director of Titan Capital, and previously the founding partner of TPG Newbridge Capital, he led in the analysis, structuring and the closing and exit of several transactions. He is experienced in evaluating deals in various industries (e.g. real estate, fund management, retail, engineering services, FMCG, resources, TMT, etc.) that are at various stages of their development.

James obtained a scholarship from the Defence Science and Technology Agency, where he spent 4 years of his career, managing and eventually leading a communications system project to its phase 1 completion. James graduated from the National University of Singapore with Bachelor of Engineering (First Class Honours) and is a CFA Charter holder.

Our Approach

  • Get a stock to cover from your mentor

  • Watch our pre-recorded video sessions that go through our curriculum (details follow)

  • Spend hours researching stock ideas

  • Meet your mentor online, to feedbacks on your research ideas and how to improve

  • Continue your research effort, until you are ready to deliver you stock pitch

  • Pitch your stock ideas in front of investment professionals

CURRICULUM

  • How to study publicly available information, including Annual Reports, Investor Presentations
  • Start with a basic real estate model
  • Add details to the model as more details are revealed in your research
  • Download ACRA filings to get more color, especially for Associates and JVs, and certain subsidiaries (Optional)
  • Analyse and assess various factors, such as property location, type of property, use of space, single/multi-tenants, occupancy, lease expiry, WALE, cap rates, land tenure
  • Analyse debt: gearing, interest rate, debt maturity profile
  • URA Realis
  • IPC market reports
  • URA Masterplan and URA website
    • Plot Ratio
    • Land Area
    • Development Charge
    • Differential Premium
  • IRAS
    • QC
    • ABSD
  • Gov bond yield, SOR, spreads and then assess cost of capital
  • Phases: Capital Investment/Risk Regime
  • Residual land values/Developer’s profit
  • Revenue and profit recognition
  • Estimate of value creation
  • Other considerations: Reputation, geopolitics, alignment of major shareholder, etc.
  • Used to assess the pulse of market
  • Four Quadrant Model
  • Demand & Supply, Inventory/Pipeline
  • Good insights may be found in the independent market studies of the various REITs
  • URA website
  • Technology disruption

How we deliver it?

0
sessions of video
0
one-to-one mentorship with senior investment analyst
0
weeks of rigorous training
0
stock pitch

Unlimited instant messaging and email support from mentors

Our Confidence

  • You will learn from practice, not just theory

  • You will experience the toughest technical questions you could get from your interview

  • You learn first-hand experience of how investment analysts approach a stock idea

  • You accumulate real experience of stock research

  • You accumulate real experience from potential internship with our partner network

Just Name Some Success Stories

  • Lihiang, lead ASEAN bank analyst at Maybank Kim Eng

  • Shane, consumer analyst at Daiwa Capital Market

  • Sophie, transport analyst at UOB Kay Hian

  • AKY, offshore & marine analyst at Religare Capital Market

  • Rei, quant analyst at Acadian

  • Li Feng, fixed income portfolio manager at UOB Assset Management

  • Willie, fixed income analyst at DBS

Our nine years of experience tells us that once you master the skills in our Research Like a Pro, your chance of landing an investment analyst job is very high, as past champions in our research competition have all landed a job in three months!

Read more success stories!

Additional  Benefit

  • Free entry to Springboard events for one year

  • Join Springboard event at partner rate for life.

  • Access to Springboard partners for career advice.

  • Opportunity to intern for our partners network to accumulate experience and build your credibility

  • Join exclusive Springboard alumni network

  • Job referral as and when there are opportunities

Enrollment and Costs

  • Beginning of every month

Contact us for pricing and earlybird

FAQs

Do you offer discount? 2017-08-20T15:03:43+00:00

We have early bird discounts for our students. Please use contact us form to find out details from us.

What would I get, at the end of Model Like a Pro and Research Like a Pro? 2017-08-20T15:05:09+00:00

At the end of the our Model Like a Pro mentorship program, you are expected to build a professional looking financial model with all the essential components, including integrated income statement, balance sheet and cash flow statement, DCF valuation, and company valuation metrics. You should have no problem answering financial modelling related questions during your interviews.

At the end of our Research Like a Pro mentorship program, you are expected to conduct an in-depth research on a listed company, with all the essential analytical framework that professionals are using on a daily basis. You will deliver a stock pitch to a panel of professional investment analysts.

If you are doing well in your stock pitch, you should have no problem conquer stock pitch challenge in every investment analyst interviews, based on our experience.

Interview – are you fit for the role? 2017-08-08T07:17:06+00:00

Prepare yourself for the powerful “Tell me about yourself.” question. Often, it can make or break your interview and your chances of a great front office career.

Make yourself appropriately comfortable. The grill is intended to assess how suitable you are for the vacant role, not who you are or aren’t. So, don’t take it too personally and get too upset. At the end of the day, it won’t kill you and will only make you stronger. Believe in yourself and just do your best. If you can (and only if you can), help drive the process to get the interviewers to know more about you and how you fit in. More importantly, find out appropriately that the job is indeed what you understand it to be.

Don’t spoil it. Arrive punctually, dress appropriately and ask questions appropriate for each stage of the interview.

What should I do with my CV? 2017-08-20T15:07:33+00:00

Concise, Up to the point, Show your relevance.

To the busy hiring manager in the finance industry, the CV should be limited to one-page, concise and to the point. If the reader can’t figure out your point after the first 5 words, don’t count on it that they will grind their brain juices to go further.

Give your CV a story, and know the story. A story is more powerful than fragmented details that point to everything, or worse, nothing at all.

Don’t give your CV any spoilers. No mistakes please, no careless omissions and definitely no misrepresentations of your experience and skills. As Confucius would have it, “Wise are those who say they know when they know and who say they don’t know when they don’t.”

Why don’t you disclose program costs?  2017-08-20T14:40:32+00:00

We are a premium mentorship platform with many intangible benefits to our students.

As we don’t compete with other typical training programs by pricing and we do only provide our services to a small group of privileged students, we don’t wish to disclose our mentorship fees publicly.

If you are interested, please fill up the contact us form and we will get in touch with you to assess your suitability for our program.

Can I apply for direct admission into the Advanced Track Intern Program? 2017-08-20T14:31:21+00:00

Since 2009, we have been investing our resources into building good and strong relationships with institutions, teams and established professionals in the industry. We only recommend our best apprentices/interns to them.

Our experience tells us that only time on the Foundation Program will tell us how good an apprentice is. This is aligned with how some hiring managers lament at how HR interviews and CV screening tools fall short of delivering the candidates they want. Our program is a different engagement tool structured to be more meaningful for hiring managers who are serious about looking for someone good. If we don’t maintain our tough demand on quality, we would lose their trust and support.

There are people who may feel shortchanged going into the Program, believing how “over-qualified” they are for the Program. Most of them eventually agree that they could have been trying to bite far more than they can chew.

If you are GOOD, we will share our invaluable network of front office mentors, alums and institutions with you and make this difference to your career success.

Would you rather go into a career path by yourself, or with the SpringBoard network behind you?

Is there guaranteed hiring? 2017-08-20T14:22:19+00:00

There isn’t any bona fide training institution on earth that can guarantee you a job once you complete the program. Springboard’s program is aimed at improving your chances of getting a job, rather than guaranteeing you a job. Nonetheless, you can rest assured that we will work hard to help you jumpstart your front office career, and we have a wealth of experience and success at it. 1 in 3 of our apprentices became success stories within 3-6 months of completing the advanced program (Research Like a Pro).

Am I too old to do career switch? And therefore joining your mentorship Program. 2017-08-20T14:25:25+00:00

We (and the industry) generally consider an age above 30 years to be a barrier of entry to the industry: as people reach their 30s, they have a certain level of income, and require a certain level of work-life balance.

Switching into the competitive finance industry likely means getting entry level pay and working >12 hours a day. This is a huge sacrifice to one’s lifestyle. With some years of working experience in an irrelevant role, people could have already shaped their own way of working and become resistant to changes as required by the industry.

If you are above 30 years old and still wish to change your career, please feel free to contact Springboard for a non-obligatory assessment of your chance of making the switch.

How does Springboard Program differentiate itself from other training programs (including CFA, CAIA) out there? 2017-08-20T14:33:07+00:00

SpringBoard TM is a career mentoring platform and is a very different platform from most other programs in the market.

Firstly, we emphasize on practical experience, and do not focus on an end in academic training and discussion.

We are proud that we are likely the ONLY institution to help you earn relevant experience and secure relevant job referees. In this industry where relevant experience is of utmost importance, we provide you with an experience closest to that.

If your quality of work convinces us that you belong to our group, we will stand behind you and push you towards career success. We help you gain access to exclusive hiring opportunities through our network.

Second, through years of experience, we know what employers in the investment industry are looking for and how a student can be best prepared for the scarce opportunity. There is no second in the market that is as specialized as us.

What are your requirements for the program? 2017-08-20T14:41:12+00:00

We don’t make it a hard criteria for entrance into our mentorship program. However, it is preferable that one has at least passed CFA level 1 exam or have studied a finance/accounting degree so that value of our program can be fully utilized.

More importantly, you must possess the passion and hunger for a front office career. Many can claim that they have what it takes to make it in this career, but our program is structured to pick out the deserving for entry into the high-octane front office, where we take pains to convince hiring partners to offer you that rare opportunity.

Our focus is on bringing up one’s potential to maximize the chance of a successful career switch and smoothen the transition process.

Do you require the student to have passed CFA exam or prior finance-related experience before signing up your program? 2017-08-21T06:58:07+00:00

We don’t make it a hard criteria for entrance into our mentorship program. However, it is preferable that one has at least passed CFA level 1 exam or have studied a finance/accounting degree so that value of our program can be fully utilized.

If you don’t have CFA level 1 or equivalent study experience, we have prepared an accounting 101 session for you where you can learn the basic terminology of account for financial statement.

More importantly, you must possess the passion and hunger for a front office career. Many can claim that they have what it takes to make it in this career, but our program is structured to pick out the deserving for entry into the high-octane front office, where we take pains to convince hiring partners to offer you that rare opportunity.

Our focus is on bringing up one’s potential to maximize the chance of a successful career switch and smoothen the transition process.

Enquiry About Our Mentorship