Luxembourg continues to be the leading domicile in Europe for vehicles investing into internationally diversified real estate portfolios. With its pragmatic regulatory regime and tax efficient structures, Luxembourg has continued to drive forward its market growth, despite the turbulence of the last two years.
This ground breaking programme of trainings, created in a partnership between ALFI and the IFBL, aims to support the growing international reputation of Luxembourg as a market place for real estate investment funds (REIFs). It aims to do this through a continued increase in the level of quality and professionalism delivered by service providers and to provide a broader understanding generally of the
industry’s activities, actors and structures.
These courses offer a comprehensive learning opportunity for real estate professionals both in and outside Luxembourg and together represent an important additional possibility in career path certification at the IFBL. The courses are directed at all levels, from beginner to active professional and from those simply seeking to deepen their knowledge in specific areas to others wishing to consolidate and certify
their experience through recognised examinations.
New in 2012 for International Participants - In order to make our courses more accessible to those coming from outside Luxembourg, we have grouped together the fundamentals modules taking place in May 2012 and modified their start and end times.
Structure and contents
The new training offer consists of seven modules, allowing certification at various levels in: real estate administration, accounting and business processes management. The courses can also be attended individually with optional examinations, as per other courses currently available from the IFBL.
Three basic modules (M1) deliver the basic theory, providing the fundamentals of real estate, the basics of international real estate fund structuring and the roles and responsibilities of real estate professionals. A certification “Specialist Real Estate - Administration” will be issued to participants who sit and successfully pass the associated exams for these modules:
A combination of four further advanced specialist modules (M2 & M3 level), provide a more practical orientation, operating on the basis of exercises, case studies and opportunities to master complex issues through interaction with recognized industry professionals.
Two further advanced paths of certification are also available to: “Specialist Real Estate - Business Processes” or “Specialist Real Estate - Accounting” by sitting the Business Process and Controls or the Accounting modules respectively and passing their associated examination. These certifications can be complemented through valuable further optional modules: “Tax Compliance Considerations for
Luxembourg Fund Structures” and “Determination of Fair Value of Properties”.
Audience and objectives
The courses are directed at all levels, from beginner to active professional and from those simply seeking to deepen their knowledge in specific areas to others wishing to consolidate and certify their experience through recognised examinations.
Optional exams are available for all those seeking to certifiy their experience through recognised examinations.
Exam sessions take place every Tuesday and every last Thursday of each month except on school holiday weeks in Luxembourg. The participant’s choice is to be indicated on the registration form. The price of examinations is €40 for M1 modules and €45 for M2 & M3 modules.
M1 Examinations are 1 hour in length, M2 / M3 modules 1,5 hours in length and the M’ courses do not have examinations.
All the modules of this training pathway are offered in English.
Dates and registration fees
|Course module||Dates 2013||Registration fees|
|M1 REIF Fundamentals (8 hours)||22.04.2013 – 19.09.2013||EUR 195,-|
M1 REIF International Structuring (8 hours)
|23.04.2013 – 25.09.2013||EUR 195,-|
|M1 REIF Roles of Professionals (8 hours)||24.04.2013 – 07.10.2013||EUR 195|
|M2 REIF-Business Processes & Controls (16 hours)||15 and 16.10.2013||EUR 505,-|
|M3 REIF Accounting (16 hours)||24 and 25.10.2013||EUR 635,-|
|M2 REIF Tax Compliance for Luxembourg (8 hours)||11.11.2013||EUR 255,-|
|M2 REIF- Fair Value Properties (8 hours)||20.11.2013||EUR 255,-|
The dates of the next sessions will be published on this page as soon as they are known
The courses take place at the Training Center of LSC/IFBL, in the premisses of the Chamber of Commerce in Luxembourg.
7, rue Alcide de Gasperi
Registration and contacts
To register for this training, please take the following steps:
1) download the registration form below and fill it in
Registrations on a private basis:
If your registration is accepted, IFBL will send the invoice to your address. Your registration will be final upon receipt of the registration fees by IFBL.
Registrations on a professional basis (via your employer):
The IFBL will send the invoice to your employer
2) send the form back to IFBL
- by fax: (+352) 46 50 19
- by mail: B.P. 13, L-2010 Luxembourg
- by e-mail: scan form and send it to email@example.com
If you want to register for separate modules, please click on the modules listed under “Structure and contents”.
Applications for the complete programme have to be submitted at the latest 2 weeks prior to the beginning of the course.
Conditions for cancellation
Regarding our cancellation policy, please read our General Conditions or refer to the FAQ.
Contact the Institute
For further questions related to this training programme, please contact our Customer Service by e-mail (firstname.lastname@example.org) or by phone (46 50 16-1).