Investing in regeneration is private finance or public infrastructure the problem?

Dixon, Tim

Investing in regeneration is private finance or public infrastructure the problem? - 2006 - Property Forecast 9(4) April 2006, 6-7(2) .

In the light of HM Treasury approval of REITs, this article considers whether sustainable regeneration will really be brought about by the movement towards property as an investable, mainstream and liquid asset class. Argues that the current slow progress in sustainable development is caused more by inadequate infrastructure such as transport at areas of rapid growth such as the Thames Gateway rather than lack of private sector investment. Stresses the need for joining up at national, regional and local levels of government. REITs may provide an impetus to regeneration, but these issues still hamper the long-term vision of sustainable communities.