Urban placemaking and the commercial property investor/developer

Real estate investment companies direct substantial capital flows into built environments and are significant urban place‐makers. Geographers have long been interested in the ‘urbanisation of capital’ but more recently attention has been directed towards the activities of specific property actors. E...

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Bibliographic Details
Published in:New Zealand geographer Vol. 80; no. 3; pp. 197 - 208
Main Author: Murphy, Laurence
Format: Journal Article
Language:English
Published: Melbourne John Wiley & Sons Australia, Ltd 01.12.2024
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ISSN:0028-8144, 1745-7939
Online Access:Get full text
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Summary:Real estate investment companies direct substantial capital flows into built environments and are significant urban place‐makers. Geographers have long been interested in the ‘urbanisation of capital’ but more recently attention has been directed towards the activities of specific property actors. Employing a firm‐level analysis, this paper presents a case study of Kiwi Property, a large‐scale property company with an investment portfolio exceeding $3 billion. The study charts its corporate and financial dynamics and examines examples of its speculative real estate developments. Employing a firm‐level analysis offers insights into complex and contingent investment processes shaping urban placemaking.
ISSN:0028-8144
1745-7939
DOI:10.1111/nzg.12410