Evaluation of investor behaviour in urban regeneration

The financing of urban regeneration and levering of private-sector investme nt remains a major policy issue, This article, utilising the results of a b ehavioural survey, analyses the motivations of investors and their particip ation across a range of regeneration initiatives. The pattern of investment activity over the market cycle, reasons for holding an urban regeneration portfolio, evaluative factors and perspectives concerning the attraction of private finance into urban regeneration are considered. The findings indic ate that regeneration initiatives provide a significant cushioning effect b ut that, in terms of holding projects in a property portfolio or evaluating schemes, market-based factors relating to return and risk are core influen ces.