il Quotidiano Immobiliare
Tecno at the Design Week 2020
Milano In the occasion of Milano Design City, Tecno opens its TClub to the public: the showroom at Caselli di Porta Garibaldi in the centre of Milan (Piazza XXV Aprile) has become an operative hub for recounting the evolution of working, conceived for a nomadic lifestyle consisting in an alternation of remote working and new occasions for collective participation. (...) ...
CDP Group: consolidated half-yearly financial report at 30 June 2020 approved
The Board of Directors of Cassa Depositi e Prestiti S.p.A. (CDP), chaired by Giovanni Gorno Tempini, has today approved the consolidated half-yearly financial report of the CDP Group at 30 June 2020, as presented by the Chief Executive Officer Fabrizio Palermo. (...) ...
Tecno furnishes the new BCG offices in Miami
Stati Uniti Boston Consulting Group has chosen Tecno furnishings for its new Miami offices: glass partitions and custom furnishings in high quality materials reflect the spirit of research and innovation at the core of the multinational company's business model. (...) ...
Cocuzza & Associati: Legal Kit #18
In this issue we talk about the first Italian decision on the suspension of the rent payment during the lock-down, the decree of the Courts of Rome of May 29, 2020. Following the health emergency due to the spread of the COVID-19 and the inevitable economic crisis, the Italian Government has introduced the prohibition for all companies to serve dismissals for economic reasons and, at the same time, has suspended all pending procedures. (...) Read more ...
illimity and Davis&Morgan announce that they have closed a new deal in the senior financing
illimity Bank S.p.A. and Davis&Morgan S.p.A. announce that they have closed a new deal in the senior financing segment worth a total of approximately 13 million euro by setting up a securitisation vehicle in which illimity has fully subscribed the Senior and Mezzanine A Notes and 5% of the Mezzanine B and Junior Notes and Davis & Morgan has subscribed 95% of the Mezzanine B and the Junior Notes. ...
Maire Tecnimont presents new Sustainability Report
A +14% rise in Middle Management positions occupied by women in comparison to last year, more than 66,000 training hours, a stronger focus on local content with the launch of a multi-year strategic program focused on In Country Value with the active involvement of all corporate functions, also at regional level. ...
New $400 mln contract awarded in Algeria for Marie Tecnimont
Maire Tecnimont S.p.A. announces that its subsidiary Tecnimont S.p.A. has been awarded by Groupement Bir Seba an EPC contract for the execution of the “Bir Seba Phase II and Mouiat Outlad Messaoud Field Development” Project, in Algeria. (...) ...
Politecnico University e Maire Tecnimont: tomorrow's professionals in class with the group's top manager
The "Chemical Projects Engineering and Management" course of the Politecnico University of Milan for the students of the degree in Chemical Engineering and Safety Engineering held its last class yesterday. The course is financed by Maire Tecnimont starting from the 2017-2018 Academic Year, for a period of fifteen years. Now in its third year, the course took place during the covid-19 phase with online lessons in English and is aimed at strengthening the interdisciplinary areas between the process design of a chemical...
Astaldi approves the establishment of the destined assets as per the concordat plan
Astaldi S.p.A., implementing the Composition Plan and Proposal submitted to the Court of Rome and positively evaluated by the creditors, informs that the Company’s Board of Directors decided the formation, pursuant to articles 2447–bis and seq., Italian Civil Code, of the liquidation perimeter to be exclusively used to satisfy the Company’s unsecured creditors by selling all the assets, rights and legal relationships included in said Liquidation Perimeter and the distribution of the net proceeds from the sale to the holders...
CDP: Shareholders’ Meeting approves 2019 financial statements
The Shareholders’ Meeting of Cassa Depositi e Prestiti Spa (CDP) today approved the financial statements as of 31 December 2019, with a net income of € 2,736,284,081. A dividend of € 2,152,931,020.24 will be distributed to Shareholders. ...
Tristan fund sells Rome asset to Corum AM
Roma Curzon Capital Partners IV, a real estate fund advised by pan-European investment manager Tristan Capital Partners, has completed the sale of an office facility in Rome, Italy, to the French institutional investor Corum AM. The transaction marks the Fund’s second sale from a portfolio acquired from Axa in Q4 2016, and follows the disposal of an office facility in Brescia, Italy in Q1 2018. Yassine Berkane, Director at Tristan Capital Partners, said: “Since the asset was first acquired we have helped to significantly grow its...
Romania: Astaldi signed a contract worth EUR 356 million
Astaldi Group signed a contract worth EUR 356 million for the construction of more than 30 kilometres of the Sibiu-Pitesti Motorway, the most important section under construction in Romania. The contract was signed in the presence of the Prime Minister and the Minister of Transport of the Romanian Government. It is an EPC contract and concerns the design and construction of Lot 5 of the Sibiu-Pitesti Motorway, from Km 92+600 to Km 122+950. The planned duration of the works is 60...
Lunedì 11 maggio esce il rinnovato FocusQI Business
di Guglielmo Pelliccioli Lunedì 11 maggio esce il primo numero del FocusQI Business, la nostra decennale rivista periodica che da ora diventa mensile e in versione digitale. Perchè questo cambiamento? La risposta è semplice. La precedente edizione veniva pubblicata mediamente cinque volte l’anno in occasione dei grandi eventi del real estate (Mipim, Mapic Italy, Mapic, Progetti d’Italia, Convegno sui Servizi). Serviva a dare un quadro puntuale dell’evoluzione del settore immobiliare presentando agli operatori della filiera tutte le novità soprattutto in materia di progetti di sviluppo e...
COIMA receives the USGBC Leadership Award for its commitment to sustainable development
COIMA has received the 2020 Greenbuild Europe Leadership Award from the U.S. Green Building Council for its ongoing commitment to sustainable real estate development. The company has also started the process to obtain the “LEED for Communities” and “WELL Community” certifications for Milan’s Porta Nuova district, making it the world’s first neighbourhood redevelopment project to start on the journey to a double certification. This will improve Milan and Italy’s position among the most advanced of those pursuing leadership in ESG initiatives with a measurable...
Astaldi: the date of the judgement sitting for approving the composition with creditors has been set
Astaldi S.p.A. informs that the Court of Rome, Insolvency Division, with a special decree set for 23 June 2020, at 11:00 o’clock am (CET), the judgement sitting for approving the composition with creditors as per art. 180 of the Italian Insolvency Law. The decree takes note of the conclusion of the voting procedures regarding the proposal for a composition with creditors on a going concern basis (concordato preventivo in continuità aziendale) submitted by Astaldi to the Court, where the proposal was...
Generali Real Estate acquires Kotva department store in Prague
Repubblica Ceca Generali Real Estate has acquired the Kotva department store on behalf of the pan-european fund “Generali Real Estate Asset Repositioning S.A.” (GREAR) - a fund dedicated to value add strategies in all the major European countries - from the real estate company PSN. Sekyra Group will be in charge of development and extensive refurbishment project, to return Kotva to its former glamour and position it as a high-level shopping destination in the historical center of Prague. Kotva Department Store is a 28,000 sqm, 7...
CDP, new extraordinary measures for the Coronavirus emergency
Cassa Depositi e Prestiti reinforces its commitment to dealing with the economic emergency caused by the Covid-19 epidemic with a package of extraordinary measures for local entities and businesses. The Board of Directors approved a series of measures: 1.4 billion euro to 7200 local entities from the renegotiation of 34 billion euro of loans; 2 billion euro immediately available in support of medium and large enterprises. The measures approved today follow the 17 billion euro action plan to support the Italian economy launched...
I hate to say this, but...
Il nostro editoriale ‘Non vorrei dirlo ma...’ di questa settimana ha avuto un indice altissimo di lettori. Lo abbiamo tradotto in inglese per metterlo a disposizione di tanti manager e professionisti presso i loro paesi d’origine, a dimostrazione di come il popolo italiano sia determinato e coeso in questo momento drammatico. A friend called me recently, not just anybody, a university professor,in other words a person who doesn’t allow himself to be influenced by moods and maintains a clear vision of...
Maire Tecnimont: new engineering services awards in the core business thanks to Group "Digital Advantage Smart Platform"
Maire Tecnimont S.p.A. announces that its subsidiary Tecnimont S.p.A. has been granted awards for a total amount of approximately USD 10 million for technology-driven engineering services and feasibility studies in the petrochemical sector in Korea, Russian Federation and India. In particular, Tecnimont has signed a contract to develop the FEED (front end engineering design) and subsequent Detailed Engineering for the High Pressure section of a low- density polyethylene (LDPE) plant to be realized in Korea for one of the major energy and chemical...
CBRE Global Investors acquires 120,000 sqm Italian logistics portfolio
Castrezzato, Turate CBRE Global Investors has acquired, on behalf of its Logistics Venture Fund, a circa 120,000 sq m Italian logistics portfolio which includes a 40,000 sq m Grade A logistics warehouse and 194,000 sq m of land for an 80,000 sq m speculative development. The portfolio was acquired off-market from Techbau. The Grade A warehouse is located in Turate (Como), North of Milan. The logistics single-dock asset is let for nine years to a well-known Italian retailer. The 194,000 sq m plot...
Astaldi: sold the third Bosphorous Bridge in Turkey
Astaldi S.p.A. informs that it has signed the closing on the sale of its interest in the concession for the construction and operation of the Northern Marmara Highway in Turkey to IC Ictas Sanayi ve Ticaret A.S. The agreement signed with Ictas – already evaluated by the Court of Rome as offering the best protection of creditors within the composition procedure that Astaldi is currently carrying out – includes terms and conditions that are consistent with the composition proposal filed by...
Astaldi, COVID-19 emergency: modalities for attending the creditor's meeting
Roma Astaldi S.p.A. informs of having received a mandate from the judicial commissioners Enrico Proia, Piergiorgio Zampetti and Vincenzo Mascolo, to disclose the attached communication, prepared by them and dated 11 March 2020, reporting the information on the modalities for attending the creditors’ meeting scheduled for 26 March 2020, from which the following is extracted: Solely for the purpose of allowing the holding of the creditors’ meeting of Astaldi’s S.p.A. composition procedure numbered 63/2018, in compliance with the provisions regarding the containment...
Eurocommercial Properties: Coronavirus impact on Italian retail
Italia "The Italian government signed a decree on 11 March 2020 by which all shopping centres and retail locations in Italy will be closed until 25 March 2020 except for grocery stores and pharmacies. This will impact the shops in our eight Italian shopping centers, namely Carosello, Collestrada, Cremona Po, Curno, Fiordaliso, I Gigli, I Portali and Il Castello", said Eurocommercial Properties by a press release about the impact of Coronavirus on Italian retail. "Since the initial trading restrictions were imposed...
First deal for DeA Capital Real Estate Iberia
Spagna DeA Capital Real Estate Iberia has completed its first deal. On behalf of an important insurance company, which is a Turnkey hotel project in Malaga, in the historical city center, 5 minutes walk from Calle Larios. It is being developed for a very well-known hotel chain and will be terminated in two years. It is a Forward Sale and Purchase Agreement and DeA Capital Real Estate Iberia will supervise and accompany the investor for the adequate and good execution until its completion. ...
Invel invests further €120m in Italian office market
Milano, Roma Invel Real Estate, the investment firm focusing on real estate and distressed debt opportunities across Europe, has invested an aggregate of €120 million into two office assets in Milan and Rome on behalf of an institutional investor, bringing Invel’s AUM in Italy to more than €750 million. The investment refers to a 28,000 sq m office building on Via Paolo di Dono in Rome’s Eastern EUR area from DeA Capital Real Estate SGR. The income-producing asset is let to a...
Union Investment and Generali Real Estate signed the agreement to acquire the Puerto Venecia shopping resort in Zaragoza
Spagna Union Investment and Generali Real Estate have signed the agreement to acquire the Puerto Venecia shopping resort in Zaragoza as part of a 50% - 50% joint venture. With around 19 million visitors a year, Puerto Venecia is one of the top 5 shopping destinations in Spain. The components of the transaction are a shopping centre with 193 shops and a retail park. The total rental area amounts to around 120,000 sqm. The vendors are intu properties plc and Canada Pension Plan...
Maire Tecnimont awarded a €450 mln refining project in Croatia
Croazia Maire Tecnimont S.p.A. announces that its subsidiary KT – Kinetics Technology S.p.A. has been awarded an EPC contract on a Lump Sum Turnkey basis by INA-Industrija Nafte, d.d. (INA) for a new Delayed Coking Complex for the Rijeka Refinery in Croatia, in the frame of the Rijeka Refinery Upgrade Project. INA has a leading role in the Croatian oil business and a strong position in the region. MOL Plc. and the Republic of Croatia are its biggest shareholders. (...) ...
Astaldi: start of preliminary activities for the sale of the Third Bosphorus Bridge
Turchia Following the authorisation obtained from the Insolvency Division of the Court of Rome, Astaldi informs to have started the preliminary activities for transferring to IC Ictas Sanayi ve Ticaret its interest in the assets of the concessionaire for the Third Bridge over the Bosphorus in Turkey. The transfer agreement – evaluated by the Court at the time of its authorisation of a broader settlement agreement with Ictas as offering the best protection of creditors within the composition procedure that the company...
Eurocommercial inaugurated two extensions in Italy
Milano, Cremona, Curno On 28 November, Eurocommercial inaugurated the extensions of Curno shopping centre and Cremona Po in time for Black Friday. Curno shopping centre has just opened an innovative food hall offering a distinctive and modern gastronomic experience with 17 restaurants, 600 seats and thematic internal and external areas dedicated to children. The new 5,283m2 “Cucine di Curno” has dramatic and sustainable designs under a luminous 17-metre high dome. On 28 November, Eurocommercial inaugurated its new 10,900m2 shopping village next to Cremona Po which...
Astaldi: meeting with creditors on 26 March 2020
Astaldi informs that in the decree filed on today’s date, the Insolvency Division of the Court of Rome deferred the hearing for the meeting with creditors and relative voting to 26 March 2020 at 10.30 a.m. It also set the 31 December 2019 as the deadline for informing the creditors, by the Judicial Commissioners, of the notices provided for by the insolvency regulations. The new schedule results from the filling of the vacant positions on the Board of Judicial Commissioners,...
Astaldi: works underway to build the new hospital in Linares, Cile
Cile The 103 billion Chilean peso (EUR 150 million) contract for the New Hospital in Linares, Chile, with Astaldi’s share amounting to 100%, has now entered its construction phase. The contract will make a new, 329-bed healthcare complex available in the Region of Maule. The works are slated for completion in the first half of 2024. The EPC (Engineering, Procurement, Construction) contract calls for designing and building a new facility that will cover an area of 94,500 square metres, distributed over...
Astaldi: the Court integrated the board of judicial commissioners
Roma Astaldi S.p.A. informs that the Insolvency Division of the Court of Rome assigned the position of judicial commissioners to Vincenzo Mascolo and Piergiorgio Zampetti who will work together with Vincenzo Ioffredi in the context of the composition procedure which the company is currently carrying out. ...
Beyond Digital: Maire Tecnimont creates value by putting emphasis on people and supply chain
Milano Maire Tecnimont launches Beyond Digital, an event aiming to go beyond the rhetoric on digitalization and discuss the various experiences in an open debate, overcoming stereotypes and expectations. The goal of the event is to create a new operational model that focuses on people's commitment and on strengthening transversal supply chain processes. The explosion of data availability, artificial intelligence, and the overcoming of physical and organizational boundaries are determining a real digital revolution on a large scale. Yet, almost 75%...
Maire Tecnimont signs an agreement for the sale of MGR Verduno 2005 to HISI
Verduno Maire Tecnimont and HISI Srl (Holding di Investimento in Sanità e Infrastrutture – “HISI”) announce that they have signed an agreement concerning the sale to HISI of MGR Verduno 2005 S.p.A. Following a public tender issued by ASL CN2, the territorial arm of the Ministry of Helath, MGR was awarded the construction and the concession to manage the “Alba-Bra” hospital (located in Verduno, Piemonte) for a period of 20 years. The sale and purchase agreement provides the immediate transfer of the majority stake in...
Tristan Fund Acquires Prime Mixed-Use Asset in City Centre of Florence
Firenze Curzon Capital Partners 5 LL (CCP 5 LL), the core-plus fund advised by Tristan Capital Partners, has acquired a c. 4,300 sqm GLA mixed-use asset in a prime location of Florence’s city centre in an off-market deal from a private investor. The asset comprises residential as well as retail space, with upside asset management potential. The property is located in the historical centre at the northern end of Via de Tornabuoni overlooking Piazza degli Antinori and adjacent to the Palazzo Antinori....