The 2017 Business Plan Competition

Theme

How would you innovatively invest $100 million in European real estate? You are working for a real estate investment firm and have been given $100 million in cash to invest in real estate within Europe. The Board of the firm has asked you to recommend an investment theme and develop a business plan in which you seek to maximize risk-adjusted returns. Conditions of the investment:

  • You must fully invest the cash within a one-year timeframe
  • You must realize a minimum of 2.0x multiple on equity within a seven-year timeframe, assuming an appropriate degree of risk (a marginally higher or lower return is acceptable, provided the return adequately compensates for the risk assumed)
  • You may invest in any geography and sector and via any instrument (public or private, debt or equity): themes that are especially novel will be awarded extra merit, provided these are executable
  • You may leverage the equity by raising debt but should address in your business plan the incremental risks and cost of doing so
  • Your presentation will include why entry pricing is sensible, ways in which you will add value throughout the hold period, strategic risks and how these are mitigated, and how you will exit the investment
  • Your presentation will include both a qualitative and quantitative evaluation of the opportunity

 

Prize

  • £1,000 and the opportunity to present the presentation at the conference

 

Eligibility

  • Entrants will be enrolled in an undergraduate or graduate program at the University of Oxford as of the date of the OxRES 2017 conference (March 1st, 2017)
  • Part-time students are eligible to enter
  • Team entries are permitted. Maximum of 4 members per team
  • Each entrant (and all members of any team) will be available to attend the OxRES 2017 conference

 

Timeline + Process

One-page proposal in Word format outlining the theme and business plan will be submitted before midnight on January 25th, 2017 to competition@oxres.org

 

  • The panel will select a small number of entrants (less than five) to proceed to the next round. This decision will be communicated to all entrants on or before January 31st, 2017
  • Entrants admitted to the next round will prepare in PowerPoint format a presentation giving a detailed overview of the theme and business plan (see “Theme” section below for a suggested guide to presentation content)
  • The presentation will include no more than 10 slides and should be verbally delivered in under 15 minutes
  • Entrants admitted to the next round will be assigned a mentor, who will be a professional currently working in the real estate sector, with whom entrants will be able to arrange one 30-minute call. During this call, the professional will provide guidance on the draft presentation and seek to answer any questions (both of which will be shared in advance by the entrant)
  • The final presentation will be submitted before midnight on February 17th, 2017
  • The panel will communicate the winner to all entrants on or before February 24th, 2017
  • The winner will present their presentation during the OxRES 2017 conference, on March 1st, 2017

 

Other

  • OxRES reserves the right in its sole and absolute discretion to amend the terms of the competition and/or to disqualify any entrant as it sees fit
  • The panel’s decision will be final
  • For further information, contact competition@oxres.org