Valuation of multifunctional land use by commercial investors: a case study on the amsterdam zuidas mega-project
Henri de Groot () and
Erik Verhoef ()
Additional contact information
C.A. Rodenburg: Vrije Universiteit Amsterdam, Faculteit der Economische Wetenschappen en Econometrie (Free University Amsterdam, Faculty of Economics Sciences, Business Administration and Economitrics
No 24, Serie Research Memoranda from VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics
The Amsterdam Zuidas area is planned to become a large multifunctional development area with a mix of offices, dwellings and facilities. As part of a broader empirical investigation, the valuation of multifunctional land use of this mega-project by a specific class of stakeholders, viz. commercial investors, is examined in this paper. We are in particular interested in the expected impact of locational characteristics on urban land rent in the area. The study is based on an extensive interview questionnaire, in which also future development scenarios and spatial externalities are investigated. The study reveals that the expectations of investors are driven by a complex set of factors. Particularly important are accessibility and image. The relative importance of multifunctionality is found to be modest.
Keywords: Multi-functional land use; location factors; land use; agglomeration (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
Journal Article: VALUATION OF MULTI-FUNCTIONAL LAND USE BY COMMERCIAL INVESTORS: A CASE STUDY ON THE AMSTERDAM ZUIDAS MEGA-PROJECT (2008)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:vua:wpaper:2009-24
Access Statistics for this paper
More papers in Serie Research Memoranda from VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics Contact information at EDIRC.
Bibliographic data for series maintained by R. Dam ().