There is substantial growth in the number of significant urban redevelopment projects in cities around the world. Investors are willing to take development risks only when there is an appropriate return to compensate for them, and cities are a reliable ‘investment partner’. Meanwhile, planning and construction cycles are still slow, and construction costs keep rising. With these dynamics at play, how can these projects attract investors? What innovations are needed to streamline the development process? What are some best practice examples of large-scale redevelopment in cities? And how does the rapidly changing environment impact on business models of developers and investors?
Moderator: Prof Greg Clark CBE, ULI Europe
Panellists:
Roger Madelin CBE, The British Land Company
Juan Mari Aburto, Mayor of Bilbao
Coen van Oostrom, OVG Real Estate
Dr Philipp Bouteiller, Tegel Projekt GmbH