Bricks, mortar & bridges. Compare the cash-flow engines ofincome-producing property and long-lived infrastructure projects.

• Equity vs. debt vs. REIT structures for property exposure.
• Greenfield, brownfield and secondary-stage infrastructure—how risk and return step down each stage.
• Inflation linkage, GDP sensitivity and diversification traits of each sub-asset.

After this module you’ll know why toll roads trade like bonds and officesbehave like equities.