Dr. Åke Gunnelin

Associate Professor

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Biography

Åke Gunnelin is an Associate Professor at KTH Royal Institute of Technology, specializing in Real Estate Economics. His main teaching focuses on financial economics and real estate finance, including property valuation. Gunnelin's research interests include real estate finance, with a strong emphasis on empirical studies of commercial property markets and advanced topics such as real option pricing and lease valuation. He plays a key role in several courses, serving as examiner and course responsible for Corporate Finance, Degree Project in Building Real Estate Economics, and Financial Investments. His commitment to merging academic knowledge with practical application makes him a valuable asset to the field.

Research Interests

Real Estate Finance Empirical Studies of Commercial Property Markets Real Option Pricing Lease Valuation

Courses

Corporate Finance (AI2144) Degree Project Building Real Estate Economics (AI206X) Financial Investments (AI2135) Investment Analysis (AI1108)

Requirements for KTH Royal Institute of Technology

Master Program
Requirements
GPA Requirement
Required:3
IELTS
Listening
Required:5.5
Reading
Required:5.5
Writing
Required:5.5
Speaking
Required:5.5
Overall
Required:6.5
TOEFL
Listening
Required:0
Reading
Required:0
Writing
Required:20
Speaking
Required:0
Total
Required:90
PTE
Listening
Required:0
Reading
Required:0
Writing
Required:62
Speaking
Required:0
Overall
Required:62
Prerequisites
Bachelor's degree (180 ECTS) in Science, Engineering, or a related field. Specific course requirements vary by department (e.g., Mathematics, Programming, or Subject-specific credits).
Application Checklist
  • Certificates and diplomas of completed degree
  • Transcript of records
  • Proof of English proficiency
  • Copy of passport or ID
  • Curriculum Vitae (CV)
  • Letter of Motivation
  • Letters of Recommendation (if required by program)
  • Summary of Project (if required)
Specialization Notes

Master's programs are organized under Schools; departments listed are units within these schools (e.g., EECS, ABE, CBH, ITM, SCI).