MANAGEMENT, DEVELOPMENT AND EXPLOITATION OF THE PUBLIC REAL ESTATE PROPERTY OF GREECE

Asimina Demou and Panagiotis Zentelis

ERES from European Real Estate Society (ERES)

Abstract: The paper begins by making a reference to the Hellinic Public Real Estate Corporation (HPREC) established in 1979 and its main targets, which are: * the listing, mapping and cadastral survey of all the public real estate assets. * the management and exploitation of the properties through private sector incentives. * the development of housing projects catered to the public sector needs. // The HPREC possesses a significant portfolio of properties that renders it potentially a major player in the field of real estate. To this end, this paper suggests various measures that will enable HPREC to meet its full potential. In continuing, a short descriptive reference is made to the LIS which includes all the properties, a system which has already been developed and is already functioning. The paper makes specific propositions regarding the upgrading of the LIS for the purpose of simplifying and making more efficient the management of the properties included in the system. In addition, a geographical representation of the properties is presented that includes information regarding their permitted use, their dimensions and their value. Furthermore, the paper discusses the regulation and the possibilities regarding the exploitation of the public properties in Greece. More specifically, a reference is made to: * the regulation that must be applied; * the alternative ways of exploitation of the properties; * the institutions through which this exploitation and development may occur. // Finally, the paper suggests priorities with respect to which properties should be slated fist for exploitation.

JEL-codes: R3 (search for similar items in EconPapers)
Date: 2006-01-01
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Persistent link: https://EconPapers.repec.org/RePEc:arz:wpaper:eres2006_168

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