Showing 1 - 10 of 110
Investors need to have confidence in the maturity of the market in terms of transparency of returns and risks. Information on property returns is normally available for prime markets whereas urban regeneration locations to varying degrees are characterized by an opaque rather than a transparent...
Persistent link: https://www.econbiz.de/10010623668
Amidst ongoing economic austerity, the UK government faces a significant challenge to fund major infrastructure projects. In many areas, market based solutions are not possible due to the scale of infrastructure required, at a time when land values are declining and occupier rents and yields...
Persistent link: https://www.econbiz.de/10011153595
At an international level governments are increasingly seeking to ensure greater involvement of the private sector in the financing and delivery of regeneration and sustainable communities. Regeneration is currently at the forefront of the UK Governmentís priorities (Urban White Paper, 2003:...
Persistent link: https://www.econbiz.de/10011153689
The financing of urban regeneration and levering of private-sector investment remains a major policy issue. This article, utilising the results of a behavioural survey, analyses the motivations of investors and their participation across a range of regeneration initiatives. The pattern of...
Persistent link: https://www.econbiz.de/10010888767
Initially, this paper reviews the relationship between the private housing sector and the macroeconomy. Attention focuses upon the divergent behaviour of the housing market at a regional level, using the case of Northern Ireland, relative to that for the national United Kingdom market....
Persistent link: https://www.econbiz.de/10010623677
Urban regeneration has been an integral focus of central government policy in the UK for more than three decades and has played a pivotal role in enhancing the competitiveness of the UK economy, repositioning cities and city regions as the mainstays of economic growth. Utilising IPD data, this...
Persistent link: https://www.econbiz.de/10010623701
The operation of the property market is constrained by an absence of information with barriers to data transparency arising from several sources. This paper reports upon research commissioned by the RICS into the concept of data sharing within the surveying profession with particular reference...
Persistent link: https://www.econbiz.de/10010623738
This paper is concerned with the role of private sector finance in urban regeneration. The theme is initially explored from a literature perspective examining recent initiatives and current policy directions. The central core of the analysis investigates investment behaviour and draws upon...
Persistent link: https://www.econbiz.de/10010623741
Attracting investment and finance into inner-city and other renewal areas poses particular difficulties and is frequently reliant on strong public-sector commitment through special incentives or other mechanisms to provide the conditions to lever private-sector activity. This paper initially...
Persistent link: https://www.econbiz.de/10010827323
Using a Markov Switching Model, the hypothesis that <italic>ex post</italic> commercial sector risk premiums have stable mean values within a time-varying framework is investigated. The probabilities of shifting expected values and the transitional probabilities of remaining in a high (low)-risk state at each...
Persistent link: https://www.econbiz.de/10010975412