Real Estate Management and Valuation (Mar 2019)

Possibilities of Including Developers into Housing Stock Revitalization

  • Palicki Sławomir,
  • Strączkowski Łukasz

DOI
https://doi.org/10.2478/remav-2019-0010
Journal volume & issue
Vol. 27, no. 1
pp. 103 – 110

Abstract

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The article aims at analyzing the possibility of including developers (private companies focused on profits) into the process of revitalizing tenement houses located in the center of Poznan. The consideration is located in the capital city of Wielkopolska and takes into account the analysis of both the local housing real estate market and developers’ enterprises in the city. The authors, supported by economic calculation and a case study, have researched the case of a free-market developer’s project of revitalizing a well-located, yet run-down tenement house, and, on the contrary, the case of a developer taking over a property being a municipal resource. Having researched the market in order to set the parameters of further research works, both scenarios where evaluated when it comes to their economic, social and spatial results.

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