Urban placemaking and the commercial property investor/developer

Abstract 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.

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Publication Details

Journal
New Zealand Geographer
Published
2024-11-08
DOI
https://doi.org/10.1111/nzg.12410
Primary Topic
Housing, Finance, and Neoliberalism
Type
article
Field-Weighted Citation Impact
0.00
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article

Urban placemaking and the commercial property investor/developer

Laurence Murphy
New Zealand Geographer
Housing, Finance, and Neoliberalism
article

Urban placemaking and the commercial property investor/developer

Laurence Murphy
article en

Abstract

Abstract 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.

New Zealand GeographerVol. 80(3)
University of Auckland (NZ)
Sustainable cities and communities
Openalex Percentile: Top 73%
Housing, Finance, and Neoliberalism
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