All rights reservedHalbert, Ludovic2024-09-032024-09-032016978-85-7785-551-1https://hdl.handle.net/20.500.14235/1922Proceedings of the IV World Planning Schools Congress, July 3-8th, 2016 : Global crisis, planning and challenges to spatial justice in the north and in the southThe financial infrastructure underpinning the production of contemporary city-regions is transformed as financial intermediaries that pool economic agents’ savings and allocate them between various types of assets are gaining importance (Froud, Johal, & Williams, 2002 on coupon pool capitalism). Traditional savings-to-loans banking intermediation is thus partly giving way to the financial re-intermediation realized by the financial intermediaries active on capital markets. As other economic activities, the urban built environment is affected by this evolution: financial intermediaries find in a growing number of urban actors (households, municipalities, development companies…) and urban objects (land, buildings, highways, bridges, airports, sewers, photovoltaic panels…) investment opportunities that offer promises of future income streams (Leyshon & Thrift, 2007). By bundling them in ‘alternative investments portfolios’ (Torrance, 2008), and trading them publicly or over-the-counter, these financial intermediaries contribute to transform urban assets into financial commodities and financial subjects (Martin, 2002). This evolution in the financial infrastructure has sparkled several researches that look at how financial re-intermediation affects the production of the urban built environment (see Attuyer and Halbert, forthcoming). A key result is that, whether the local planning authorities welcome such financial intermediaries, negotiate the conditions of their investments, or even attempt to resist to them, they are always confronted to what appear to be financial intermediaries’ investments standards (David & Halbert, 2014; Guironnet, Attuyer, & Halbert, 2015; Theurillat & Crevoisier, 2014)(Theurillat et al., 2013; David and Louise, 2014; Guironnet et al., 2015).EnglishopenAccessconferenceObject1541-1544