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Olga Kaganova

Olga Kaganova



Senior Fellow


Dr. Kaganova is an internationally recognized expert on government property asset management, which includes specific expertise in land management, public-private partnerships, and land-based infrastructure finance. She advised governments of all levels on modernization of their land and asset management. In particular, among dozens of cities she advised are St. Petersburg, Moscow, Warsaw, Mecca, and Cape Town. She has also worked on land and property market reforms in countries with emerging markets, and in particular within government decentralization context. She has worked in 25 countries in Europe, Asia, Africa, and South America, on projects funded by the World Bank, USAID, and the Inter-American Development Bank.

Dr. Kaganova also has experience in needs assessment, surveys, real estate market and feasibility studies, property valuation, financial analysis of investment projects. She has published widely on real estate issues, including the book Managing Government Property Assets: International Experiences (UI Press, 2006) that she co-edited and co-authored several chapters. Her teaching experience includes visiting lectures and seminars at Johns Hopkins University, Penn State University, and Central European University (Budapest) – among other distinguished universities – and design and delivery of numerous executive training courses for audiences ranging from World Bank staff to local governments and real estate professionals in various countries. Dr. Kaganova is Advisor for the National Executive Forum on Public Property (Canada).

Prior to joining UI in 1994, she was a founding partner in AUREC, a private real estate consulting company in St. Petersburg, Russia. She holds PhD in Applied Mathematics from the Institute of Biophysics, Academy of Science (Krasnojarsk, Russia) and the following international professional designations: Counselor of Real Estate (CRE) and Fellow of the Royal Institution of Chartered Surveyors (FRICS).

Email: OKaganova@urban.org

Areas of expertise

Government asset management; land policy; public-private partnerships, land-based infrastructure finance

Country Experience:
Albania, Armenia, Bosnia & Herzegovina, Bulgaria, Chile, Croatia, Egypt, Ethiopia, Georgia, Hungary, Indonesia, Kosovo, Kuwait, Kyrgyzstan, Macedonia, Moldova, Montenegro, Poland, Russia, Serbia, Saudi Arabia, South Africa, Tajikistan, Ukraine, Yemen.

Selected Publications from Olga Kaganova

  • Asset Management: An International Perspective
  • Integrating Land Financing in Subnational Fiscal Management
  • Government Property Assets in the Wake of the Dual Crisis in Public Finance and Real Estate: An Opportunity to Do Better Going Forward?
  • Guidebook on Capital Investment Planning for Local Governments
  • Publications by topic:
    International Development
    International Public Administration & Local Government
    International Urban Development & the Environment
    International Housing and Land Markets

    See all publications by Olga Kaganova

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