Urban regeneration from an economic and value-based perspective forms a core part of the research portfolio of RPP. The major focus lies in the integration of the dynamics of property investment and development activity, financing vehicles and regeneration policy formulation. More particularly specific contributions to knowledge relate to enhancing transparency in regeneration investment, benchmarking of regeneration property investment returns and identification and removal of barriers to private sector investment in regeneration. The research results have feed directly into policy decision-making and have made a significant contribution to the UK government's policy agenda for sustainable communities.
Highly significant projects encompassing the regional, national and international spheres of influence have been delivered spanning innovative investment vehicles, evaluation of fiscal incentives, benchmarking of investment returns and barriers to private sector investment, the role of PPPs, Business Improvement Districts (BIDs) and tax incremental financing (TIFs). Key contributions to emerge are enhancing the understanding of the investment needs of institutional investors and financiers lending into regeneration and structures for innovative investment vehicles facilitating enhanced private sector investment into regeneration. Demonstrating the potential for fiscal measures to attract investment into regeneration, creating confidence in regeneration areas as potential investment locations thereby reducing the level of risk to private investors and benchmarking of regeneration property returns have been key drivers of RPP's underpinning research agenda in regeneration. The emphasis on value creation incorporating risk return analysis, transparency, and liquidity of regeneration markets is a key characteristic of the research. The core impact is the integration between performance and policy and how this has advanced the value creating element of regeneration and the financial engineering of the regeneration process through the use of innovative delivery vehicles.