-If Henderson specifically sees in the current enviroment opportunities for investments in Italy (there are some interesting opportunities on the market) or for sale of assets?
"We are not progressing with any sales or acquisitions at the moment however we continue development at our Barberino Outlet Centre (nr Florence). Henderson is committed to its Italian platform. It set up its office in Milan in 2000. It operates an SGR platform for the launch and management of Italian funds and currently has €1.1 billion assets under management . Our partnership with Investire Immobiliaire aims to increase our Italian product offering for both local and international investors. It has significantly boosted our strategic positioning within the Italian market, as well as opening up a new distribution channel for our real estate products."
-How do you view the Italian market at the moment? "After the election most international property investors have put acquisitions in Italy on hold again. Italy is currently too weak to attract core investors, and the Italian market has so far proved to be too rigid on pricing to attract opportunistic players. The latter currently favour Spain. Having said that, this month, significant yield increases reported by some agents in Italy have triggered opportunity investors to analyse the market, but so far these high headline yields are notional in absence of t...
Jones Lang LaSalle has hired Alessandra Rabuini - 15/05/2013, 10:35 | Italy | Jones Lang LaSalle S.p.A.
Jones Lang LaSalle has hired Alessandra Rabuini to support its logistics and industrial team in Italy, headed by Roberto Piterà. Rabuini has several years of experience in the property sector, particularly in logistics for pharmaceutical companies. She previously worked for ND Logistics, Dimaf (today known as CEVA), Gruppo Giraud Logistics, as well as Logistica Silvano Chiapparoli & Canali, where she held the post of commercial director of logistics activities. With main offices in Milan and Rome, JLL has about 100 staff in Italy.
Lucio Modestini, president of the fund, announces - 09/05/2013, 10:28 | Italy
For 2013-2015 - 08/05/2013, 10:30 | Italy | Fabrica Immobiliare SGR S.p.A., Doglio Marco
Italy International! is a special initiative organised by EIRE - 16/05/2013 | Milan | EIRE
EIRE Expo Italia
Real Estate, scheduled from 4th to 6th June and being held at
Fieramilanocity for the first time, is becoming increasingly
identified as an event open to international investors with an
interest in Italy. In this regard, "Italy International!" is a
special initiative organised by the EIRE Scientific Committee and
DLA PIPER with the intention of highlighting this theme. The
project will be hosted in the Investors' Lounge area and will be
divided into two different branches: a cycle of three conferences
dedicated to the investment world, and a presentation of the best
projects developed by international investors in Italy.
The shopping centre is sold at a price of around € 135 mn to private investor - 15/05/2013 | Bari | Foruminvest Italia S.r.l.
Bruno appointed as chairman, Caputi as deputy chairman, Iasi confirmed as CEO - 08/05/2013 | Milan | Prelios S.p.A.
Board approved the reports at 31 march 2013 of listed funds Tecla and Olinda - 30/04/2013 | Milan | Prelios SGR
01/12/2011 | Milan | Jones Lang LaSalle Hotels
Jones Lang LaSalle sells an important hotel portfolio in various locations in Italy.
Hotel Villa Carlotta e Hotel Milano
16 real estate funds will expire in the next three years - 13/05/2013 | Italy | Nomisma S.p.A.
In the next three years will expire 16 real estate funds with a total value of about 4.5 billion euro. Of these, in the light of the extensions already approved, about 1.2 billion should be sold by the end of this year. This figure is incompatible with the negligible size of the current market, also due to the concomitant liquidation of the financial instruments reserved for qualified investors considered elusive. However, it will hardly be possible to be g... [MORE]
Also for foreigners in Italy becomes more and more difficult to transfer money to their families of origin - 06/05/2013 | Italy | Nomisma S.p.A.
Only 3.2% of the homes of italian families possess all the “green” requirements - 29/04/2013 | Italy | Nomisma S.p.A.
Interview to Jamie Acheson* of Henderson Global Investors - 15/04/2013 | Italy | Henderson Global Investors
-Which is the performance of the
Outlet Mall Fund (if there are any updated data that can be
? "The Fund has
delivered an annualised IRR of 12.3% on invested equity from
inception to 31 December 2012."
Interview at Justin O'Connor, Ceo Cordea Savills - 02/11/2012 | Italy
World Capital: Milan, Via Monte Napoleone on top of the list - 07/05/2013 | Italy | World Capital Real Estate
The real estate consultancy company World Capital has released its latest Retail High-Street report, noting that rents in the main Italian high-streets have been stable compared to 2012. Rents stand at Euro 300-6,7 sqm/ year in northern Italy, Euro 400-6,100 sqm/ year in the centre, Euro 100-2400 sqm/ year in the south. In cities like Milan, Turin and Verona rents remain stable, whereas in Genoa, Florence and Venice they have fallen by... [MORE]
DTZ Property Times Offices in Milan and Rome, T4 2012 - 27/02/2013 | Milan, Rome | DTZ Italy
Investment Transactions 2012 - 05/02/2013 | Italy | Zaffaroni Luca
Residential Research - 20/12/2012 | Italy | Knight Frank
26/04/2012 | Piacenza
Parco Nuovo is an entrepreneurial initiative of bioarchitecture carried by Buzzi Unicem in Piacenza and belonging to a significative project of environmental sustainability. Its' masterplan has been made by Arch. Mario Cuccinella, Renzo Piano's pupil and winner of “Energy Performance + Architecture Award” in 2006, while its guidelines have been written by Arch. Alessandro Trivelli, winner of the Eurosolar Prize - Italian Section 2010 http://www.parconuovo.it/chisiamo.php
Parco Nuovo represents a new way of life,... [CONTINUA]
Sciaia di Brindisi: area Aeroporto-Porto-Castello Alfonsino