Urban regeneration: innovating models and measuring impacts

Urban regeneration: innovating models and measuring impacts

Giancarlo Scotti guest at the Bocconi conference on urban transformation
 

The economic and social impact generated is a key indicator for CDP Real Asset when choosing investments, in keeping with the CDP Group's strategic objectives.

Examples of this are a long-term time horizon, complementary and additional attention to private operators, and the role as a catalyst for third-party resources, aspects that reflect the company’s guidelines.

This was explained by the company's CEO Giancarlo Scotti at the “Urban Regeneration: innovating models and measuring impacts” workshop organised in Milan by Bocconi University on 1 July 2024.

Another key concept mentioned by Scotti is the “market gap”, which is the compass for channelling the resources of CDP and other operators into projects of strategic sectors such as housing, heritage development, tourism and green infrastructure. As explained by the CEO of CDP Real Asset, these initiatives contribute to bridging the gap between the country's needs and the current market offer.

“Urban regeneration is the cross-cutting result of all our various efforts. Together with market operators we direct resources into projects that, by renovating and redeveloping long-abandoned buildings and areas, improve the social, economic and physical conditions of our cities’ spaces”, Scotti concluded.