*6.1. Reference Scenarios*

Each of the areas defined by the reference axes identifies a strategic field in which to develop the process of valorisation (Figure 3). For greater clarity, limit situations are represented by hypothesising extreme values for the indices (1 or 0). The following scenarios were identified:


**Figure 3.** Representation of reference scenarios: (**a**) reference scenario A; (**b**) reference scenario B; (**c**) reference scenario C.

## *6.2. Directions*

In addition to the scenarios presented above, it is possible to encounter limited conditions where only one of the three indicators prevails over the other two. In this situation, the public administration can proceed with activities to increase at least one of the other two indices to reflect one of the scenarios presented above (Figure 4). However, for a number of reasons, this is not always possible; while the indicators Itm (technical-maintenance) and Iut (use) can be modified by making small improvements to an asset or by offering incentives to rental through no-charge lease agreements, it is difficult to influence the Ivu indicator (urban values) without making substantial changes to the urban setting (which require lengthy periods of time) sufficient to modify the structure and equilibriums of the real estate market. The directions identified are:

• Direction 1: An asset is located in a prestigious area, presents a poor technical-] maintenance level and is unoccupied. In this situation, it is possible to imagine Development Direction 1A: the public institution could adopt a place-based approach that involves local communities, using their knowledge, collaborating with all territorial stakeholders and promoting institutional cooperation. Another option is Development Direction 1B: the public institution may decide to invest in the redevelopment of the asset and then place it on the market (e.g., dilapidated buildings in prestigious urban contexts).


**Figure 4.** Representation of directions: (**a**) development 1A; (**b**) development 1B; (**c**) single 2; (**d**) single 3.
