IDEAS home Printed from https://ideas.repec.org/p/arz/wpaper/eres2018_326.html
   My bibliography  Save this paper

Collaborative property-based management schemes in urban rehabilitation projects: instruments and possibilities for adaptation in post-socialist societies

Author

Listed:
  • Astghik Grigoryan

Abstract

It is difficult to avoid the impact of economic restructuring on the landscape and social and economic life of many cities which were used to grow within certain economic structure and also supported by the state (Healey, 1997). In many post-socialist countries the collapse of the socialist system was followed by a number of economic, social and legal reforms, due to which the land and property ownership in most of the countries has been transferred from public to private sector. However, in most cases the state transferred to private hands not only the ownership to the property but also the problems related to the quality of that property. The issue has a specific importance with regard to multi-unit housing since the latter occupies the largest share of urban fabric worldwide.While having scarce public resources the promotion of private property-based investment projects becomes a sound solution in qualifying urban residential spaces and overcoming urban decay. Such projects will be successful if applying collaborative approaches and enhancing the value added by the project.The aim of this study is to discuss the possibilities and constraints for application of certain models of collaborative approach to property-based urban management in post-socialist planning practice. Armenia (Yerevan) shall be considered as a particular case of post-socialist transitional society. The discussion shall be based on surveys conducted within the scope of research project.The results show that even in societies where the private property rights and respective regulations are relatively recent the collaboration in urban regeneration projects is more successful when the allocation of the global project value added to each participant is evidenced and rationalized, whereas supportive institutional framework and participation of financial institution as a project stakeholder are considered essential preconditions.

Suggested Citation

  • Astghik Grigoryan, 2018. "Collaborative property-based management schemes in urban rehabilitation projects: instruments and possibilities for adaptation in post-socialist societies," ERES eres2018_326, European Real Estate Society (ERES).
    • Handle: RePEc:arz:wpaper:eres2018_326
    as

    Download full text from publisher

    File URL: https://eres.architexturez.net/doc/oai-eres-id-eres2018-326
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    collaborative management; post-socialist society; property-based investment project; Urban Space Quality;
    All these keywords.

    JEL classification:

    • R3 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:arz:wpaper:eres2018_326. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Architexturez Imprints (email available below). General contact details of provider: https://edirc.repec.org/data/eressea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.