Real Estate Finance and Sustainability of Urban Transformation Projects
Posted: 28 Nov 2018
Date Written: November 16, 2018
The realization of urban transformations, especially if it is aimed at large-scale building heritage enhancement and refurbishment, or infrastructure transformations - as in the case of the Sustainable Smart City projects - can take place through complex projects starting from the identification of the economic and social value of transformations, the "Highest and best use (HBU)" and the financial sustainability of the initiatives. Project goals that require appropriate ex ante studies aimed at verifying the economic sustainability of the projects.
The economic evaluation of the project is based on an appropriate feasibility study (Sdf) aimed at verifying ex ante, with a holistic approach, the possibility of realizing the best project idea in consideration of the analysis of technical profiles, urbanistic-building aspects, legal and economic, including those of financial sustainability and management of the work."
Keywords: Real Estate Finance, Smart City, Economic Feasibility, Sustainable Urban Development
JEL Classification: R00
Suggested Citation: Suggested Citation