Urban renewal and Real Option Analysis. A case study

Abstract

The high variability of market prices and the uncertainty that, even in restrained timeframes, is characterizing the general economic situation, have led real estate operators to a prudent attitude, who tend to postpone or at least stagger the start of the initiatives on hold of more stable conditions. In this context, it is appropriate to use evaluation tools enable to enhance the investment capacity to be adapted to possible changes of the conditions initially hypothesized. In the present research Real Options Analysis (ROA) is applied to the evaluation of an investment in urban redevelopment of a former industrial complex. The result obtained shows the efficacy of the instrument.


Autore Pugliese

Tutti gli autori

  • Morano P , Tajani F

Titolo volume/Rivista

LECTURE NOTES IN COMPUTER SCIENCE


Anno di pubblicazione

2014

ISSN

0302-9743

ISBN

Non Disponibile


Numero di citazioni Wos

Nessuna citazione

Ultimo Aggiornamento Citazioni

Non Disponibile


Numero di citazioni Scopus

2

Ultimo Aggiornamento Citazioni

2017-04-22 03:20:59


Settori ERC

Non Disponibile

Codici ASJC

Non Disponibile