Historic town centre management- The real estate industry

Abstract

In modern times, many of the socio-economic aspects of our lives (besides the classical understanding of the term industry) “evolved(?)” into industries: music, arts in general, sports, education, and health….have become professionally managed industries. Historical town centers provide goods and services and, in this context, can be regarded as industries, as a whole. All the elements of an industry can be identified in these complex “places”: provision of goods and services, human resources issues, technology, marketing, regulatory and legal aspects, and management…all of which point towards an approach that needs to be looked at as such. The most important industry in historic town centres is the real estate industry.