Urban rehabilitation is a public concern in an epoch of very scarce public means. Partnering with private real estate development (RED), reducing or eliminating public investment and maximizing positive externalities, is a must for urban authorities. How can RED fit this rationale with good...

Municipal Development Tax (MDT) has been important in funding municipalitiesí activities. Though initially conceived to anticipate possible negative development externalities, its role in the last 10 to 15 years has been to capture another slice of the foreseen developersí value added. MDT is...

ERES:conference

Concentrated Shopping Premises categories tend to be viewed by market analists (e.g., agency companies) as consisting of shopping centres, retail parks and outlets, though it is possible do find further categories in the former, through simple economic analysis. Some of the categories reflect...

Introduce and discuss methodological issues on this very specific kind of PPP, as the ones concerning space development are. The methodology should have a common basis throughout societies that share the same legal and economic principles. This methodology should have a strong relationship with...

Information for real estate market analysis is being provided mainly through three basic procedures ñ project-specific data collection, agents' reports and large country/city samples designed to benchmark management and compare returns with non-real estate assets. The former is becoming less...

Building valuation aims at stating a real estate value, which is the value of land and built premises. Hotel building valuation seems to have departed from the value statement for land and built premises and evolved to the mingling with hotel operating business. This evolution might require...

Development and investment decisions in local real estate markets as well as their risk ratings are supposed to bear connections with economic fundamentals or with direct price dynamics. If these connections change and become intriguing, market rationality has to be questioned. This paper checks...