Organized by the scientific committee of the Chair in Economics of Urban Ecological Transition, in partnership with the United Nations Environment Programme (UNEP), this third scientific workshop will bring together researchers, economic stakeholders, and real estate and urban professionals to analyze the economic functioning of the value chain of urban and real estate projects, focusing on the perception, distribution, and remuneration of risks among the various stakeholders.

In a context of ecological transition and the transformation of urban development models, urban projects involve a diversity of stakeholders – local authorities, developers, promoters, investors, insurers, architects, and design offices – intervening at different stages of a project's lifecycle. Each faces economic, technical, regulatory, or financial risks, which they seek to anticipate, manage, or transfer. However, these dynamics are often poorly understood among stakeholders, which can lead to tensions and misunderstandings within the value chain.

The objective of this new edition is to better understand the economic behavior of stakeholders involved in urban projects, by analyzing their perception of risk and the strategies implemented to address it. The workshop will also seek to shed light on the value creation mechanisms in real estate projects and how this value compensates for the risks assumed by the various stakeholders, by examining their role in financing and managing operations.

This afternoon session will bring together academics and professionals involved in urban development.

Discussions will prioritize dialogue between project owners and design teams, by combining the perspectives of local authorities, developers, financiers, promoters, insurers, architects, and design offices. The workshop will be held under Chatham House Rule to foster open and constructive dialogue among researchers, public decision-makers, and practitioners.

Discussions will be organized, in a round-table format, around three main questions:

• What are the risks faced and borne by the various stakeholders in the real estate value chain?
• How are these risks distributed and compensated within urban projects?
• What effects do these mechanisms have on urban development and the evolution of urban development models?

Through dialogue between academic research and professional practices, this workshop will contribute to enriching collective reflection on the economic foundations of urban development and risk-sharing mechanisms in real estate projects, in a context of environmental transition and the restructuring of urban economic models.

Featuring:

Géraldine AJAX (Marketing Strategy Director, Espaces ferroviaires), Nicolas BAUDUCEAU (Director of the Consulting, Prevention and Emerging Risks Department, Caisse Centrale de Réassurance - CCR), Antoine BOURGUIGNON (CEO, SGP Immobilier), François BOURVIC (CEO, Marne Au Bois SPL), Franck BOUTTÉ (Principal, Atelier Franck Boutté, Grand Prix de l'Urbanisme 2022), Nathalie CAILLARD (Chairwoman of the Management Board, AMPERE Gestion, CDC Habitat), Eymeric DE MONTAUZON (Founding President, EPPC), Caroline DELGADO-RODOZ (CEO, OGIC), Pierre-Yves GUICE (CEO, Paris La Défense), Thierry LAGET (Deputy CEO, CDC Habitat Partenaires), Élodie LE BRETON (Director of Sustainable Strategy, GA smart Building), Xavier LÉPINE (Société Des Nouveaux Patrimoines, Neoproprio), Julia PFERTZEL (Development Director - Augmented Architecture - Groupe Patriarche), Julien ROUSSEAU (Principal, Fresh Architectures), Sébastien VANHOOVE (General Manager, Carrefour property).

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Organizing and Scientific Steering Committee: Bruno BARROCA, Isabelle CHESNEAU, Jonathan DUWYN, Sonia GUELTON, François GRUSON, Renaud LE GOIX, Ingrid NAPPI, Marion PERNEY, Abdelkader SLIFI and Marcus ZEPF.

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