State aid issues in property development: the Greek case

Nikolaos Triantafyllopoulos

ERES from European Real Estate Society (ERES)

Abstract: Through the Special Urban Plans (SUPs) established in Greece, ad hoc increased property development rights are granted with the aim of facilitating private investment, by way of derogation from the general planning regulations. SUPs provide significant advantages to businesses, while mechanisms for public value capture, or compensatory benefits for the community are absent. This review paper argues that these advantageous regulations raise concerns of allocation of non-recovered, indirect state aid to business through their properties, thus distorting competition and violating EU rules.

Keywords: private property development; public value capture; state aid; Urban Planning (search for similar items in EconPapers)
JEL-codes: R3 (search for similar items in EconPapers)
Date: 2025-01-01
References: Add references at CitEc
Citations:

Downloads: (external link)
https://eres.architexturez.net/doc/oai-eres-id-eres2025-135 (text/html)
https://architexturez.net/system/files/eres2025_13 ... 50115224615_1071.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 403 Forbidden

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:arz:wpaper:eres2025_135

Access Statistics for this paper

More papers in ERES from European Real Estate Society (ERES) Contact information at EDIRC.
Bibliographic data for series maintained by Architexturez Imprints ().