Value capturing of green investments. Greenpolicy and ambition Green investments by city Green development in city

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  • Value capturing of green investments

  • Greenpolicy and ambitionGreen investments by cityGreen development in city

  • Fysical space in the cityFinances Green investments by cityGreenpolicy and ambition

  • Value of greenIntrinsic value:- biodiversity

  • Value of greenIntrinsic value:- biodiversity

    Economic value :- welfare- health- environment- mobility- settlement factor

  • Value of greenIntrinsic value:- biodiversity

    Economic value :- welfare- health- environment- mobility- settlement factorFinancial value:- real estate

  • Value of greenCostsBenifitsAnalysis

    Intrinsic value:- biodiversity

    Economic value :- welfare- health- environment- mobility- settlement factorFinancial value:- real estate

  • financial value of Greencombination of development of green and real estate

  • Increase in value by greenEnvironmental characteristicsEconomy

    Future useProperty marketValue of green30%

  • Increase in value by greenPosition to property woningDistance to propertyOther greenQuality of greenValue of green10%Increase in value by greenEnvironmental characteristicsEconomy

    Future useProperty market

  • Public investmentsPrivate real estate valueGreen developmentValue development

  • Public investmentsPrivate real estate valueGreen developmentValue capturingValue development

  • Short termNew real estateValue of green

  • Short termLong termNew real estateExisting real estateValue of green

  • Playing field of partners in city/green development

  • Short termLong termNew real estateExisting real estatePartners

  • Short termLong termNew real estateExisting real estatePartnersPrivate InvestorOwner Corporation

  • Short termLong termNew real estateExisting real estatePartnersPrivate InvestorOwner Corporation

  • Actual increase of value real estatePressure on housing market

  • Be involved in chosing of partners with long term perspective:Actual increase of value real estatePressure on housing market

  • Be involved in chosing of partners with long term perspective:Actual increase of value real estatePressure on housing marketGreen and value capturing early in planning procesMake green an investment, not a cost

  • Use value added planning by designing and calculating at the same timeBe involved in chosing of partners with long term perspective:Actual increase of value real estatePressure on housing marketGreen and value capturing early in planning procesMake green an investment, not a cost

  • Use value added planning by designing and calculating at the same timeBe involved in chosing of partners with long term perspective:Actual increase of value real estatePressure on housing marketTiming!Green and value capturing early in planning procesMake green an investment, not a cost

    ******The economic and intrensic value is often determined By a Cost Benefit analysisOften used to determine the benefits and needs for an investmentThese models are about monopoly moneyFor the financial value for real estatesOften the hedonic price method is usedWith this method comparable houses are comparedOne near th egreen and the other notThe difference in price is an indicatioon of the value of greenThis is of course a very simplistic descirbtion of this method But what is important is that this method is about real moneyAnd to pay an investment you or a city will need real money

    *From research there is evidence that there are some circumstancesd that influenceTh eprice of a houseThe environmental circumstances are the distance to the green areaTh equality of the green areasBut also the other green areas in the neighbourhoodAn other important circumstance is the economy and housing marketWhen there is a crisis the prices of the houses wil not go up.

    *From research there is evidence that there are some circumstancesd that influenceTh eprice of a houseThe environmental circumstances are the distance to the green areaTh equality of the green areasBut also the other green areas in the neighbourhoodAn other important circumstance is the economy and housing marketWhen there is a crisis the prices of the houses wil not go up.

    *As a start I would like to introduce the concept of value capturingIt is a concept that has started in infrastructure developmentAnd nowadays is also used in social redevelopment of districtsYhe principle is that a public investmentFor example a green investment in a parkWill raise the value of the surrounding real estateThat is called value creationValue capturing is about fetching backA part of these investments as a citySo that more imnvestments can be doneMy lecture is not so much about proving this value creationBut about showing the strategy of fetching back the investments

    *As a start I would like to introduce the concept of value capturingIt is a concept that has started in infrastructure developmentAnd nowadays is also used in social redevelopment of districtsYhe principle is that a public investmentFor example a green investment in a parkWill raise the value of the surrounding real estateThat is called value creationValue capturing is about fetching backA part of these investments as a citySo that more imnvestments can be doneMy lecture is not so much about proving this value creationBut about showing the strategy of fetching back the investments

    *When we look at the effect of green on the price of real estateThere are two moments that there is a creation of value for real estates.The first one is with the development of housesIn th edevelopemnt there is taking into account that a house has a higher priceWhen it is near a parkAnd this value is calculated into the proce for the groundplot, or parcelThe second creation of value is during the next 10 till 15 yearsThe green will be fully develeoped and the developed houses are risen till 10 or 15 percentA problem is that this second rise of the value can not be calculated exacty at frontBecause there are these others circumstances that influence the priceTherefore the creation of value can not be calculated at the first fase when the houses are developed

    *When we look at the effect of green on the price of real estateThere are two moments that there is a creation of value for real estates.The first one is with the development of housesIn th edevelopemnt there is taking into account that a house has a higher priceWhen it is near a parkAnd this value is calculated into the proce for the groundplot, or parcelThe second creation of value is during the next 10 till 15 yearsThe green will be fully develeoped and the developed houses are risen till 10 or 15 percentA problem is that this second rise of the value can not be calculated exacty at frontBecause there are these others circumstances that influence the priceTherefore the creation of value can not be calculated at the first fase when the houses are developed

    *When we look at the actors that are involved in housing or city developmentIn this dia there the ones that are important for value capturingMaking a seperation on the short or long termThere are two parties that are interesting because of their roleThe investor and the hoyusing corporation

    *When we look at the actors that are involved in housing or city developmentIn this dia there the ones that are important for value capturingMaking a seperation on the short or long termThere are two parties that are interesting because of their roleThe investor and the hoyusing corporation

    *When we look at the actors that are involved in housing or city developmentIn this dia there the ones that are important for value capturingMaking a seperation on the short or long termThere are two parties that are interesting because of their roleThe investor and the hoyusing corporation

    *In this dia I have made a strategy for the useFor value capturing for green investments by citiesTo begin withValue capturing is only an option when the economy is good, and there is a pressure on the housing marketSo now you cannot use itAnd it doesnt bring a lot of money, only max 10 percent of the investmentBut if you can or want to use itYou have to do so early in the procesAnd green is not a cost but still an investment When you are early in the procesThen you can help decide which partners will be involvedAnd my proposal would beChoose a developer with a long term persepctive, because then you can use the total developer

    *In this dia I have made a strategy for the useFor value capturing for green investments by citiesTo begin withValue capturing is only an option when the economy is good, and there is a pressure on the housing marketSo now you cannot use itAnd it doesnt bring a lot of money, only max 10 percent of the investmentBut if you can or want to use itYou have to do so early in the procesAnd green is not a cost but still an investment When you are early in the procesThen you can help decide which partners will be involvedAnd my proposal would beChoose a developer with a long term persepctive, because then you can use the total developer

    *In this dia I have made a strategy for the useFor value capturing for green investments by citiesTo begin withValue capturing is only an option when the economy is good, and there is a pressure on the housing marketSo now you cannot use itAnd it doesnt bring a lot of money, only max 10 percent of the investmentBut if you can or want to use itYou have to do so early in the procesAnd green is not a cost but still an investment When you are early in the procesThen you can help decide which partners will be involvedAnd my proposal would beChoose a developer with a long term persepctive, because then you can use the total develope