The light at the end of the tunnel looks further than ever for Italy. According to Confindustria Italy has to acknowledge the worsened market situation against the forecasts in December 2011, having “direct effects on GDP, job market and government finances”, therefore the “actual recovery will start in six month time”. CSC forecasts in 2012 the drop of GDP by 2.4%, compared to 1.6% in December. The trend in 2013 will suffer from the heavily negative inheritance of 2012, dragging the GDP from +0.6% to -0.3%. Moreover according to CSC constructions will go down by 7.5% (-5.1% in December) and by another 1.1% in 2013 (compared to +0.8%).
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Thursday, 23 May 2013 06:19 |
REGISTRY
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Confindustria: constructions go down by 7.5% and by another 1.1% in 201328/06/2012, 09:18 | Italia | Confindustria
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Last 10 Insertions
> Milan: Qataris buy 40% of Porta NuovaIn the flagship development from Hines Italia - 17/05/2013, 10:27 | Milan, PropertyEu | Hines Italia sgr
> Spazio Industriale to be managed by IDeA FimitThe fund manages Euro 350 mn industrial and logistics assets - 16/05/2013, 11:08 | Italy | IDeA Fimit
> Rcs to sell real estate properties by the end of 2013The Group will not sell Via Solferino headquarter - 15/05/2013, 11:10 | Milan
> JLL adds to Italian logistics teamJones Lang LaSalle has hired Alessandra Rabuini - 15/05/2013, 10:35 | Italy | Jones Lang LaSalle S.p.A.
> Prelios confirmed at the top of sustainabilityA+ for Prelios Sustainability Report 2012 - 14/05/2013, 11:17 | Italy | Prelios S.p.A.
> More investments in Italy, but the market is still stuckQ1 results negatively influenced by the uncertain political election results - 14/05/2013, 11:13 | Italy | Bnp Paribas Real Estate Italia
> Milan Office: decreasing take-upAverage rents keep on going down - 14/05/2013, 11:12 | Milan | Bnp Paribas Real Estate Italia
> Residential market: worst results ever since 1985In 2012 transactions down by 25.7% - 14/05/2013, 11:11 | Italy | ABI - Associazione Bancaria Italiana, Agenzia delle Entrate
> Pension Fund of Agenti di Assicurazione: Euro 30 mn invested in real estateLucio Modestini, president of the fund, announces - 09/05/2013, 10:28 | Italy
> Caputi: in a 3-year period we will sort out PreliosCaputi has been appointed vice president of the real estate Group - 09/05/2013, 10:21 | Milan | Prelios S.p.A., Caputi Massimo
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