Forces of change shaping the future commercial real estate market in the Helsinki Metropolitan Area in Finland

Toivonen, Saija; Viitanen, Kauko

doi:10.1016/j.landusepol.2014.09.004

Cited by 22 publications

(14 citation statements)

References 13 publications

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“…Due to the significant contribution to all the sustainability dimensions, the built environment sector has also become one of the sectors with the most potential in global efforts for achieving sustainable development goals (IPCC, 2014;Puppim De Oliveira et al, 2013). Therefore, demands for integrating sustainable innovations into the practice of the built environment have been raised (Toivonen, 2011;Toivonen & Viitanen, 2015Yildiz & Ozerim, 2014).…”

Section: Background and Motivation Of The Researchmentioning

confidence: 99%

Social sustainability tool for assessing land use planning processes

Rashidfarokhi

Yrjänä

Wallenius³

et al. 2018

European Planning Studies

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Section: Background and Motivation Of The Researchmentioning

confidence: 99%

Social sustainability tool for assessing land use planning processes

Rashidfarokhi

Yrjänä

Wallenius³

et al. 2018

European Planning Studies

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“…The urban economic mechanisms captured in SLEUTH are formed by more fundamental social drivers, such as societal values and moral outlooks, habits, and beliefs (Toivonen and Viitanen, 2015). Calibrated SLEUTH coefficients can reproduce the consequences of those latent factors, as seen in patterns of growth and of use of space.…”

Section: Livability and Sustainability Indicatorsmentioning

confidence: 99%

“…If we see the latter as referring to governance of urban commons, then it is clear that urban DNA communicates something about growth patterns in urban space and at the same time gives hints about the governance of urban commons. Such a viewpoint is grounded in long-standing theories in human geography and urban-architectural studies, holding that social norms and values affect the production and use of urban space, and in turn (but not in that order) urban space influences social norms and values (Eco, 1986;Hillier and Hanson, 1988;Habraken, 1998;Toivonen and Viitanen, 2015). It is also grounded in operational planning support systems, which focus on the co-evolution of land use, infrastructure, and urban economic activity (e.g., Anas, 2013;Echenique et al, 2013;Geertman et al, 2013).…”

Section: Livability and Sustainability Indicatorsmentioning

confidence: 99%

Urban DNA and Sustainable Cities: A Multi-City Comparison

Votsis

Haavisto

2019

Front. Environ. Sci.

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The concept of urban DNA has been frequently utilized to describe how a set of urban growth parameters may encode the manner in which cities evolve in space and the spatial forms they assume as they do so. The five growth coefficients of the SLEUTH (Slope, Land-use, Exclusion, Urban, Transport, Hillshade) cellular automaton model of land use change and urban growth are often seen as an operationalization of urban DNA. For both theoretical urban studies and applied urban modeling, it is important to further develop this concept by understanding whether main urban DNA classes relate to distinct outcomes in terms of livability and sustainability. This study initiates this line of research by gathering empirical evidence about urban DNA and livability-sustainability indicators across a global sample of cities. It produces a behavioral taxonomy of cities according to their urban DNA and performance in livability and sustainability indices and indicators, and attempts a further link with the concept of urban commons. The results show that, notwithstanding variation across cities, it is possible to distinguish six such types of cities with relatively distinct behaviors and performances: multinodal, dispersed cities, with mixed outcomes (type A); multinodal, contiguous, slow-growing (type B); transport-oriented, dispersed, fast-growing (type C); large, buzzy, constrained (type D); dense, contiguous, fast-growing (type E); and transport-oriented, contiguous, interactive (type F) cities.

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“…Knowing the dynamic context, RVS players need to analyze the forces of change shaping values [10]. Information restrictions undermine valuation reliability.…”

Section: Informationmentioning

confidence: 99%

Investigating the UAE Residential Valuation System: A Framework for Analysis

2015

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Abstract-The development of the United Arab Emirates (UAE)into a regional trade, tourism, finance and logistics hub has transformed its real estate markets. However, speculative activity and price volatility remain concerns. UAE residential market values (MV) are exposed to fluctuations in capital flows and migration which, in turn, are affected by geopolitical uncertainty, oil price volatility and global investment market sentiment. Internally, a complex interplay between administrative boundaries, land tenure, building quality and evolving location characteristics fragments UAE residential property markets. In short, the UAE Residential Valuation System (UAE-RVS) confronts multiple challenges to collect, filter and analyze relevant information in complex and dynamic spatial and capital markets. A robust (RVS) can mitigate the risk of unhelpful volatility, speculative excess or investment mistakes. The research outlines the institutional, ontological, dynamic and epistemological issues at play. We highlight the importance of system capabilities, valuation standard salience and stakeholders trust.

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Forces of change shaping the future commercial real estate market in the Helsinki Metropolitan Area in Finland

Cited by 22 publications

References 13 publications

Social sustainability tool for assessing land use planning processes

Social sustainability tool for assessing land use planning processes

Urban DNA and Sustainable Cities: A Multi-City Comparison

Investigating the UAE Residential Valuation System: A Framework for Analysis

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