Local Authority Property Management is going through significant changes. Decreasing capital allocations from central government, changes in the population demographics, moves toward service delivery by non-traditional suppliers and local government reorganisation are just a few influences...

The benefits of sector and regional diversification have been well documented in the literature but have not previously been investigated in Italy. Using annual data from 1989 to 2003 we decompose property returns into a national effect three sector specific-effects and four economic regional...

[abstract missing - contribution appeared in the programme]

In the last decade, Italian laws have introduced a number of important instruments to overcome the division between the commissioning and the delivery of public works in the urban planning process. The first step in this direction was made by the Law 179/1992 that introduced Urban Renewal Plans....

In January 2005, the International Valuation Standards Committee (IVSC) published the International Valuation Guidance Note No. 8 entitled The Cost Approach for Financial Reporting - (DRC). This guidance note provides background to the use of Depreciated Replacement Cost (DRC) in connection with...

[abstract missing - contribution appeared in the programme]

Recently, the Law, no. 296 (Budget Law) introduced a new tax regime option for joint stock companies listed on Italian market (SIIQñSociet‡ di Investimento Immobiliare Quotate),whose main activity is real estate investments. The new regime offers significant advantages for the companies...

The need to evaluate Ã?Urban IIó socio-economic programmes financed by the European Union's Structural Funds has stressed the role of evaluation during the decision making process. The implementation of those Programmes has been a major factor behind the rapid growth in evaluation practice....

The Italian property market has experienced a sustained period of growth since the end of the 1990s and during the last 10 years. A large amount of this growth is attributed to the fortunes of Rome and, especially, Milan over this period but national growth has been strong in most sectors. Thus...

Spain and Italy represent two of the most important Mediterranean Countries belonging to the European Union. Both Italian and Spanish property market have experienced a sustained period of growth since the mid of the 1990s and until 2008, followed by a rapid decline. Those countries are both...