Public real estate appreciation as a local development opportunity

The question of the reuse of the real estate divested by the Italian State has been at the center of the public debate. The government’s current objectives include not only to efficiently manage public real estate properties, but also to seize regeneration opportunities and give impulse to local development, which require further reflections. This paper analyzes the evolution of the policies for public real estate appreciation in the last decade, it then considers an innovative experience with real estate divested by the United States Federal Government to propose hypotheses for the experimentation and research regarding urban and local development policies.