The shortage of financial resources is a Europe-wide problem. Coming out of the economic and financial crisis, countries as well as municipalities have decreasing means to fulfil all their public commitments. For this reason, the main aim of this COST Action is the development of a common framework for value capturing and the provision of innovative tools for public value capture based on comparative analysis to optimize the allocation of development costs and benefits as well as to disencumber the public budget. Therefore , the 1st Management Committee meeting of the Cost Action CA17125 – Public Value Capture of Increasing Property Values – took place in Brussels, at the Cost Association, this last August.