- Household finance (mortgages),
- Asset pricing; IPOs,
- Real estate finance,
- Real options,
Gianluca Marcato is Professor of Finance and Real Estate and Director of the PhD and DBA Programmes at Henley Business School (University of Reading).
Gianluca is also Director of the INREV/Henley Certificate in European Non-Listed Real Estate Investment, Visiting Professor at the University of Amsterdam and at the Center for Real Estate and Environmental Economics at NTNU Business School (Norway). After his 3 year tenure as AREUEA board member, he continues to serve on the International Committee. Previously, he worked at Cass Business School and Bocconi University and was Visiting Fellow at NYU and LSE.
His research interests lie in household finance, asset pricing, IPOs and real estate finance. He is a recipient of several research grants from institutions and industry bodies and has published his work in various journals including Journal of Corporate Finance, Real Estate Economics and Journal Real Estate Finance and Economics.
As a consultant in the real estate industry, he led the introduction of a new real estate index and bench-marking service for MSCI/IPD in Italy, created the Jones Lang LaSalle style index, and worked for several other companies on issues such as performance measurement, investment and securities appraisal, portfolio management and real estate finance. He also developed a series of executive training for companies (e.g. Prudential, Generali, Bloomberg) and collaborated with the Bank of Italy to train supervisors and consult on the establishment of a new national legislation for real estate funds.
- PhD in Finance (Cass Business School)
- MSc in Real Estate Investment (Cass Business School)
- BSc in Business and Administration, Major: Corporate Finance (Bocconi University)
- Chartered Institute for Securities & Investment (CISI), Member
- Financial Conduct Authority (FCA): Certificate for Corporate Finance Representatives
Current and recent PhD students
Carlos Garcia: Real Estate Investor Behaviour, Role of 'Flippers' in the Real Estate Market. Lead supervisor
Shotaro Watanabe: Strategic default in the U.S. housing market and household portfolio choice. Lead supervisor
Fengting Zhang: Media effects on real estate and financial markets. Lead supervisor.
Rohit Lalit Bajaj: Board Gender Diversity, Firm Value and Performance. Co-supervisor.
Qi Dong: Board reforms and IPO underpricing. Co-supervisor.
Summary module description: This module introduces students to basic financial mathematics and their application for the pricing of equities, bonds, mortgages and real estate assets. Following some introductory material on...
This module presents concepts of real estate finance, both theoretically and empirically. ...
Real Estate Finance
The module presents in depth concepts of real estate finance, both theoretically and empirically. It can be seen as an advanced course in corporate finance (funding and valuation) applied to...
- Household finance (mortgages)
- Asset pricing; IPOs
- Real estate finance
- Real options