Urban Development and Property Management in the Context of Societal Transformations: Strategic Decision‐making

Abstract

The urgent problems of urban development and strategic property management in the context of economic, social, political transformations in the society are analyzed. The possibilities of multicriteria strategic decision-making are described. The following objects are analyzed: urban development under the conditions of transformations as a major research object in the area of strategic property management; cities and their development as an environment of property creation and accumulation; transformation processes as general context of the urban development and of the creation and accumulation of property; the major trends of the transformation processes in Central and Eastern Europe, the main criteria and indicators of them; the evaluation criteria used in the area of urban development and property strategic management in the conditions of transformation processes; multicriteria decision-making in the area of urban development and property strategic management.

The firm geography of Central and Eastern Europe and the Western Balkans

“…The relationship between urbanization and the environment in Eastern Europe has been poorly investigated, indicating a need for further research in this area [75]. The influence of globalization, internationalization, and societal transformations on urban development and property management has been particularly strong in the countries of Central and Eastern Europe [76]. Urban shrinkage has become a common pathway in post-socialist cities, posing new challenges for traditionally growthoriented spatial planning [77].…”

Geographic Communication for Sustainable Decisions / Geografinės Informacijos Komunikavimo Priemonės Ir Tvarioji Plėtra

“…Various geographic information technologies and methodologies can be applied for different activities related with sustainable development that is demonstrated by the studies performed in Lithuania (Baltrėnas et al 2007;Ginevičius et al 2008;Melnikas 2005;Sakalauskas and Zavadskas 2009;Stankevičius et al 2010;Vaišis and Januševičius 2008;Veteikis and Jankauskaitė 2009;Zakarevičius et al 2009;Zavadskas et al 2003): Information Systems (GIS)-based evaluation of geographic diversity, determination and disparities); b) discovering spatial structures, diversities and similarities, trends and patterns that facilitate building more adequate development models; c) analyzing feasibility, mechanisms and processes of sustainable development (both confirmatory and exploratory geographic analysis, synthesis, modelling); d) development, measuring, monitoring and evaluation of sustainability indicators (GIS analysis and information systems); e) communication of information (geographic integration of information on spatial data infrastructures and cartographic products); f) collaboration, participatory learning and actions (geographic data portals and maps as tools for sharing spatial insights and ideas). As about 80% of public sector information can be linked geographically, cartography as visual representation of geographic data is a very efficient method of information communication.…”

The optimal combinations of the eligible functions in multiple property assets enhancement

“…Therefore, the decision-making process for the public property assets enhancement must carefully assess any future scenarios as well as consider the costs, the benefits and the risks of each possible solution, in order to i) maximize the effects on urban structures for the community, ii) produce new opportunities, iii) generate a social and economic development (Leung and Hui, 2005;Melnikas, 2005).…”