Optimised management for the development of extraordinary public properties

Journal of Property Investment and Finance

Volumn 32, Issue 2, 2014, Pages 187-201

  Manganelli, Benedetto ^a   Tajani, Francesco ^b  

^a UNIVERSITY OF BASILICATA   (Italy)

^b UNIVERSITY OF SALERNO   (Italy)

Author keywords

Investment valuation; Public property management; Public private partnership; Real estate appraisal

Indexed keywords

EID: 84904066625     PISSN: 1463578X     EISSN: None     Source Type: Journal    
DOI: 10.1108/JPIF-05-2013-0034     Document Type: Article

References (41)

1. Andrew, A., Pitt, M. (2006), "Property depreciation in government" in Journal of Property Investment & Finance, Vol. 24, No. 3, pp. 259-263.
2. Bennett, J., Iossa, E. (2002), "Building and managing facilities for public services", Department of Economics and Finance, Brunel University, London, Discussion Paper 02-08.
3. Bing, L., Akintoye, A., Edwards, P.J., Hardcastle, C. (2005), "The allocation of risk in PPP/PFI construction projects in the UK" in International Journal of Project Management, No. 23, pp. 25-35.
4. Bourguignon, C. (2013), "Leases, concessions, and authorizations: searching for an alternative to the privatization of federal domain in Brazil" in Land Use Policy, No. 33, pp. 100-110.
5. Boyce, B.N. (1975) in Real Estate Appraisal Terminology, American Institute of Real Estate Appraisers and the Society of Real Estate Appraisers, Chicago, IL, p. 107.
6. Calabrò, F., Della Spina, L., Sturiale, L. (2013), "Il cultural planning: modello di governance delle risorse paesistico-culturali nelle strategie di sviluppo in contesti rurali", Proceedings of the XVII - IPSAPA Interdisciplinary Scientific Conference Utopie e distopie nel mosaico paesistico-culturale, Vol. I.
7. Chang, Y.-C., Ko, T.-T. (2014), "An interactive dynamic multi-objective programming model to support better land use planning" in Land Use Policy, No. 36, pp. 13-22.
8. Chen, B.R., Chiu, Y.S. (2010), "Public-private partnerships: task interdependence and contractibility" in International Journal of Industrial Organization, No. 28, pp. 591-603.
9. Cheng, E.W.L., Li, H. (2004), "Exploring quantitative methods for project location selection" in Building and Environment, No. 39, pp. 1467-1476.
10. Clifton, C., Duffield, C.F. (2006), "Improved PFI/PPP service outcomes through the integration of alliance principles" in International Journal of Project Management, No. 24, pp. 573-586.
11. De Bettignies, J.E., Ross, T.W. (2009), "Public-private partnerships and the privatization of financing: an incomplete contracts approach" in International Journal of Industrial Organization, No. 27, pp. 358-368.
12. De Mare, G., Nesticò, A., Tajani, F. (2013), "Building investments for the revitalization of the territory: a multisectorial model of economic analysis" in Murgante, B., Misra, S., Carlini, M., Torre, C., Nguyen, H.-Q., Taniar, D., Apduhan, B.O. and Gervasi, O. (Eds.), Computational Science and Its Applications - ICCSA 2013, Vol. 7973, pp. 493-508.
13. Dent, P. (1997), "Managing public sector property assets: the valuation issues" in Property Management, Vol. 15, No. 4, pp. 226-233.
14. Derbes, M.J. (1981), "Highest and best use - what is it?", The Appraisal Journal, April.
15. Gilbert, H. (2003), "Contested public lands: values, power and public process in government asset disposal programs - a summary", paper presented at PRRES Conference, Brisbane, 20-22 Gennaio.
16. Grimsey, D., Lewis, M.K. (2002), "Evaluating the risks of public private partnerships for infrastructure projects" in International Journal of Project Management, No. 20, pp. 107-118.
17. Grimsey, D., Lewis, M.K. (2005a), "Are public private partnerships value for money? Evaluating alternative approaches and comparing academic and practitioner views" in Accounting Forum, No. 29, pp. 345-378.
18. Grimsey, D., Lewis, M.K. (2005b), Public Private Partnerships: The Worldwide Revolution in Infrastructure Provision and Project Finance, Edward Elgar, Cheltenham.
19. Hanis, M.H., Trigunarsyah, B., Susilawati, C. (2010), "Elements of public asset management framework for local governments in developing countries", paper presented at 8th International Conference on Construction and Real Estate Management (ICCREM 2010), Royal on the Park Hotel, Brisbane, 1-3 December.
20. Hoppe, E.I., Schmitz, P.W. (2010), "Public versus private ownership: quantity contracts and the allocation of investment tasks" in Journal of Public Economics, No. 94, pp. 258-268.
21. IVSC (2007) in International Valuation Standards, 8th ed., International Valuation Standards Committee, London, pp. 28-29.
22. Jolicoeur, P., Barrett, M. (2005), "Coming of age: strategic asset management in the municipal sector" in Journal of Facilities Management, Vol. 3, No. 1, pp. 41-52.
23. Kaganova, O., Nayyar-Stone, R. (2000), "Municipal real property asset management: an overview of world experience, trends and financial implication" in Journal of Real Estate Portfolio Management, Vol. 6, No. 4, pp. 307-326.
24. Kettani, O., Khelifi, K. (2001), "PariTOP: a goal programming-based software for real estate assessment" in European Journal of Operational Research, No. 133, pp. 362-376.
25. Leung, B.Y.P., Hui, E.C.M. (2005), "Evaluation approach on public-private partnership (PPP) urban redevelopments" in International Journal of Strategic Property Management, Vol. 9, No. 1, pp. 1-16.
26. Lundström, S., Lind, H. (1996), "Valuation of public real estate: context and concept" in Journal of Property Valuation & Investment, Vol. 14, No. 4, pp. 31-40.
27. Manganelli, B. (2011), Il deprezzamento degli immobili urbani, Franco Angeli, Milano.
28. Manganelli, B., Basile, G. (2013), "Appreciation model of a public entity set of assets in the accounting system" in International Journal of Finance and Accounting, Vol. 2, No. 2, pp. 55-60.
29. Manganelli, B., Tajani, F. (2009), "Modelli di stima nel mercato immobiliare: l'utilizzazione della programmazione lineare" in Valori e Valutazioni, Vol. 3, pp. 79-89.
30. Martimort, D., Pouyet, J. (2008), "To build or not to build: normative and positive theories of public-private partnerships" in International Journal of Industrial Organization, No. 26, pp. 393-411.
31. Maskin, E., Tirole, J. (2008), "Public-private partnerships and government spending limits" in International Journal of Industrial Organization, No. 26, pp. 412-420.
32. Melnikas, B. (2005), "Urban development and property management in the context of societal transformations: strategic decision-making" in International Journal of Strategic Property Management, Vol. 9, No. 4, pp. 247-268.
33. Morano, P., Tajani, F. (2013), "The transfer of development rights for the regeneration of brownfield sites" in Applied Mechanics and Materials, Vol. 409-410, pp. 971-978.
34. Pierson, G., McBride, P. (1996), "Public/private sector infrastructure arrangements" in CPA Communique, Vol. 73, pp. 1-4.
35. Sagalyn, L.B. (2007), "Public/private development" in Journal of the American Planning Association, Vol. 73, No. 1, pp. 7-22.
36. Savas, E.S. (2000), Privatization and Public-Private Partnerships, Chatham House Publishers, New York, NY.
37. Savas, E.S. (2005), Privatization in the City: Successes, Failures, Lessons, CQ Press, Washington, DC.
38. Spackman, M. (2002), "Public-private partnerships: lessons from the British approach" in Economic Systems, No. 26, pp. 283-330.
39. Wills, P. (2009), "Managing government property assets: international experiences" in Public Management Review, Vol. 11, No. 5, pp. 725-728.
40. Young, P. (1994), "Market valuation with no market - valuing properties with little evidence" in Journal of Property Valuation & Investment, Vol. 12, No. 3, pp. 9-27.
41. Zitron, J. (2006), "Public-private partnership projects: towards a model of contractor bidding decision-making" in Journal of Purchasing & Supply Management, No. 12, pp. 53-62.