The Business of Cities has contributed a chapter on real estate and value to a new collection un-habitat-city-leaders-handbookproduced by UN-Habitat and released at Habitat III in Quito. The chapter, entitled The Role of Real Estate in Urbanizing Cities, is one of 15 chapters in the book, and benefited from partnership with co-author Doug Carr at Jones Lang LaSalle. The chapter explains how cities can use land use planning and asset management to create and capture value, and also highlights mechanisms to attract private capital co-investment.
The handbook is a unique collection that has involved the collaboration from numerous institutions and partners of UN-Habitat, including Oxford University, Lincoln Institute of Land Use Policy, C40, the IMF, and Brookings Institution. The handbook is designed for city leaders and technical staff and showcases innovative solutions for enhancing municipal finance and closing the investment gap for cities.