Rigenerazione urbana
e finanziarizzazione
immobiliare a Milano

Alberto Bortolotti

doi:10.3280/TR2024-111015

Urban regeneration and real estate financialization in Milan

Journal title TERRITORIO
Author/s Alberto Bortolotti
Publishing Year 2026 Issue 2024/111
Language Italian Pages 9 P. 164-172 File size 281 KB
DOI 10.3280/TR2024-111015
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This article explores the relationship between real estate ﬁnancialization and the plan-making of urban transformations. In recent decades, ﬁnancialized real estate markets have reshaped planning practices, maximizing extractive dynamics of urban rent in major projects. This phenomenon has facilitated the regeneration of brownﬁelds even though it has limited the compensations in favour of the public city. The analysis of the Milano Porta Romana and Milano Innovation District cases highlights how such projects create new settlements but return few services to the neighborhoods. In essence, ﬁnancialization has contributed to increase these processes by marginalizing planning in recapturing real estate capital gains.

Keywords: real estate financialization; Milan; large-scale urban development projects

Alberto Bortolotti, Rigenerazione urbana e finanziarizzazione immobiliare a Milano in "TERRITORIO" 111/2024, pp 164-172, DOI: 10.3280/TR2024-111015