Financialization of urban transformations. Actors, instruments, practices in Italian cities’ major projects

Journal title RIVISTA GEOGRAFICA ITALIANA
Author/s Alberto Bortolotti
Publishing Year 2025 Issue 2025/3
Language Italian Pages 21 P. 126-147 File size 0 KB
DOI 10.3280/rgioa3-2025oa21177
DOI is like a bar code for intellectual property: to have more infomation click here

FrancoAngeli is member of Publishers International Linking Association, Inc (PILA), a not-for-profit association which run the CrossRef service enabling links to and from online scholarly content.

With the advent of the 21st century, the international debate regarding large-scale urban development projects in global cities has been revamped, with limited attention paid to real estate financialization, treating real estate as financial assets. Over recent decades, many urban areas have been transformed into tertiary districts, with land capital converted into financial capital, significantly impacting urban planning. In Italy, financialization has led to the concentration of banking capital and the professionalization of the real estate sector. This study examines the effects of financialization in the cases of Expo-Mind in Milan and Tiburtina-Pietralata in Rome, exploring the ‘Italian way’ to financialization through the actors, instruments, and practices shaping urban transformations.

Keywords: financialization, real estate, large-scale urban development projects, Expo-Mind, Tiburtina-Pietralata

Alberto Bortolotti, Finanziarizzazione delle trasformazioni urbane. Attori, strumenti, pratiche nei grandi progetti delle città italiane in "RIVISTA GEOGRAFICA ITALIANA" 3/2025, pp 126-147, DOI: 10.3280/rgioa3-2025oa21177