Developing a model of financing for brownfield redevelopment: how to integrate contamination risks and legal & political risks ?

Research output: Contributions to collected editions/worksArticle in conference proceedingsResearch


The paper presents first results and ideas from an ongoing project dealing with the construction of a private closed-end fund for the municipal area of Hannover, Germany. It is argued that for assessing the economic prospects of the project it is helpful to apply a Monte Carlo (MC) simulation approach. Thereby, it is possible to account for contamination risks. Questions that must be solved are (1) to find probability distributions for the uncertain variables and the correlations among these, (2) to adequately intergrate legal and political parameters ...
Original languageEnglish
Title of host publicationTowards more effective and sustainable brownfield revitalisation policies : a publication of the Research Program "Research for the Reduction of Land Consumption and for Sustainable Land Management (REFINA) of the Federal Ministry of Education and Research (BMBF); proceedings of teh 2nd International Conference on Mangaing Urban Land
EditorsDetlef Grimski
Number of pages10
PublisherSaxonia Standortentwicklungs- und Verwaltungsgesellschaft
Publication date2007
ISBN (Print)978-3-934409-33-0, 0-9547474-4-5
Publication statusPublished - 2007
EventInternational Conference on Managing Urban Land - 2007: Towards More Effective And Substainable Brownfield Revitalisation - Stuttgart, Germany
Duration: 25.04.200727.04.2007
Conference number: 2