il Quotidiano Immobiliare
Arrow Capital Partners appoints Sam De Girolamo as head of Italy
Arrow Capital Partners, the international investor and operator of real estate in Europe and Asia-Pacific, has appointed Sam De Girolamo as Head of Italy following its successful launch of Strategic Industrial Real Estate(SIRE), a €2 billion pan-European joint venture with a leading North American private equity investor. With 15 years of experience, Sam is responsible for managing Arrow’s investment activities across Italybased out of their office in Rome. Prior to joining Arrow, he was the CEO and managing partner of a private...
Guild Living: new senior housing project in UK
Gran Bretagna Guild Living, Legal & General’s new operator and developer of urban later living accommodation, has acquired a prime 2.5 acre town centre site in Walton-on-Thames (Walton). Having launched in Q2 2019, this site represents the third scheme currently under development for Guild Living, as it aims to deliver over 3,000 new homes in the next five years to meet the UK’s longevity and urbanisation needs. Subject to planning, the Walton site will deliver around 300 new age-appropriate homes for the local...
Generali RE acquires prime office building in Lisbon
Lisbona Generali Real Estate has completed, on behalf of the Generali Europe Income Holding (GEIH) Fund, the acquisition of an office building in Lisbon, Portugal. The property, named Office Oriente, is situated in Rua do Mar da China in the core area of Parque das Nações, a modern office and leisure area developed in early 2000: a top quality river-front district characterized by office buildings, high-end residences, hotels, retail and leisure facilities, very well connected to the rest of city and airport...
27° Forum Scenari: W City, la città delle donne
Santa Margherita Ligure Avrà luogo, come di consueto a Santa Margherita Ligure (GE) la 27a edizione del Forum Scenari organizzato da Scenari Immobiliari che quest'anno verrà incentrato sul tema delle donne con la presentazione della ricerca nazionale “W City: le donne, la loro città, la loro casa”, realizzata in collaborazione con Gabetti Property Solutions. Come ogni anno anche il Quotidiano Immobiliare prenderà parte all'evento con i suoi forum QITV e le interviste insieme ai protagonisti dell'evento. Appuntamento venerdì 13 settembre e sabato 14 settembre, presso il Grand Hotel...
Rekeep: additional increase in sales at 30 June 2019
Zola Predosa The Board of Directors of Rekeep approves the Half-year Financial Report at 30 June 2019, which shows an additional increase in sales and profit margins. Consolidated highlights for the 1st half of 2019 (compared to the 1st half of 2018): Revenue: €490.1 million (+5.1%, compared to €466.3 million at 30 June 2018); Normalized EBITDA: €57.1 million (+2.1%, compared to €55.9 million at 30 June 2018); Normalized EBIT: €38.2 million (+3.0%, compared to €37.1 million at 30 June 2018); Net Profit: €3.8 million (compared to...
CDP Group approves the 2019 consolidated half-yearly financial report
Roma The Board of Directors of Cassa Depositi e Prestiti, chaired by Mr Massimo Tononi, approved the Consolidated Half-yearly Financial Report of the CDP Group at 30 June 2019 submitted by Chief Executive Officer Fabrizio Palermo. The CDP Group granted a total of 12.8 billion euro in loans through: CDP Enterprises (11.1 billion euro), for growth, innovation and international expansion of the entrepreneurial fabric of Italy; CDP Infrastructure, Public Sector and Local Development (1.5 billion euro), benefiting public entities and for the construction...
Generali Real Estate appoints Lukas Jeckel as the Head of Central Northern Europe Region
Generali Real Estate S.p.A. announces the appointment of Lukas Jeckel as the Head of Central Northern Europe Region, comprising Germany, Austria and Switzerland, with effect from August 1st, 2019. He succeeds Martin Schramm, who is leaving the Generali Group after 9 successful years, during which he was pivotal in developing the high quality real estate portfolio of Generali in Germany. Lukas Jeckel joined Generali Real Estate in 2010, and most recently was responsible for Asset Management activities in the Central Northern Europe...
CIR-F2i: subsidiary KOS signed the acquisition of the capital of Charleston Holding GmbH
Germania CIR announces that its subsidiary KOS has today signed a definitive agreement, subject to customary antitrust approvals, for the acquisition from EQT Infrastructure II Fund of 100% of the capital of Charleston Holding GmbH. Active in the supply of residential services for the non self-sufficient elderly and ancillary services for elderly patients and those with a high degree of disability, Charleston manages 47 nursing homes with a total of 4,050 beds and in 2018 generated revenues of approximately € 152 million. The enterprise...
Cain International: 120 mln di euro di bond per sviluppo Soho House Roma e Rosewood Hotel Venezia
Cain International, thea privately held real estate investment firm operating in Europe and the United States, is to provide a EUR120 million development bond to Italian development firm Barletta Group to support the continued expansion of the iconic Soho House and Rosewood Hotels brands into the Italian market. The facility has an initial 42-month term. Soho House Rome is to be developed on a site currently owned by Barletta Group in the heart of San Lorenzo, a neighbourhood known for its...
Awards for an overall value of approximately UDS 700 million in technology-driven core business
Stati Uniti Maire Tecnimont S.p.A. announces that its main subsidiaries have been granted several awards for a total amount of approximately USD 700 million for licensing, engineering services, EP (Engineering and Procurement) and EPC (Engineering, Procurement and Construction) activities. These contracts, awarded by some of the most prestigious international clients, have been granted mainly in Europe, Americas, North Africa and South East Asia. ...
Maire Tecnimont awarded new licensing e services contract in Russia
Russia Maire Tecnimont S.p.A. announces that its innovation and license company Stamicarbon has been awarded a contract for License, Process Design Package (PDP) and Proprietary Equipment supply for a grass root urea melt and granulation plant forShchekinoAzot, to be built in Pervomayskiy, Tula region, Russia. Shchekinoazot is one of the leading Russian enterprises operating in the domestic and global chemical raw materials and products markets. (...) ...
Maire Tecnimont: Financial Statements at 31 December 2018 approved
The Shareholders’ Meeting of Maire TecnimontS.p.A. met in ordinary session, under the Chairmanship of Fabrizio Di Amato, taking into account the 2018 Group’sConsolidated Financial Statements, the Shareholders’ Meeting approved: the Company’s financial statements at 31 December 2018, which shows a net profit of Euro 39,466,209.44; and the proposal to distribute an overall dividend of Euro 39,108,211.41, equal to one third of the consolidated net profit at 31 December 2018 of Euro 117.4 million. The Shareholders' Meeting also resolved to appoint the Company's newBoard of Directors and also confirmed Fabrizio Di Amato in the role...
Generali Real Estate acquires Piekna 2.0 in Warsaw
Generali Real Estate, on behalf of Generali Europe Investments Holding (GEIH) Fund, has acquired Piękna 2.0, a landmark office building in Warsaw, from an investment fund advised by Griffin Real Estate. This prestigious property further strengthens Generali Real Estate’s managed portfolio in the Polish capital, which includes the KroLEWska building, Senatorska 18 and Plac Małachowskiego amongst others. ...
Astaldi will build a new section of the Naples-Bari High Capacity Railway Line
Napoli, Bari Astaldi Group has been awarded in joint venture a contract worth EUR 608 million to build additional 18.7 kilometres of the Naples-Bari high-capacity railway line in Italy. The new lot refers to the construction of the link that from Apice stretches to Hirpinia, also featuring the construction of the Hirpinia Station, as well as three bored tunnels and four viaducts. (...) ...
CDP: net income 2018 up to 2.5 billion
The Board of Directors of Cassa depositi e prestiti S.p.A. (CDP), chaired by Massimo Tononi, approved the draft separate financial statements and the consolidated financial statements2 at 31 December 2018, as well as the 2018 consolidated non-financial statement of the CDP Group pursuant to Legislative Decree no. 254/2016 submitted by the Chief Executive Officer Fabrizio Palermo. The draft financial statementswill be submitted for approval to the Shareholders’ Meeting, which will be called by the Boardof Directors. (...) ...
Rekeep S.p.A.: The Board of Directors approves the draft Separate and Consolidated Financial Statements at 31 December 2018
Zola Predosa The Board of Directors of Rekeep S.p.A. (“Rekeep”), the leading Italian group in the Integrated Facility Management sector, under the chairmanship of Giuliano Di Bernardo approved the draft Separate and Consolidated Financial Statements at 31 December 2018, which show a sharp increase in Net Profit, Revenues (+3.5%), tendered and renewed existing contracts (+48%) and substantially stable margins. (...) ...
Smart City and Electric Mobility: Intelligence and Innovation
Milano On March 15th, during the Milano Digital Week Route220, Quadro Vehicles and Cosentino Italia held the convention Smart City and Electric Mobility: Intelligence and Innovation. The event took place at the Cosentino Innovation Academy - Piazza Fontana 6, Milan - a unique space in which the most innovative surfaces meet the best design and decorative declinations. Carolina Solcia and Franco Barbieri, founders of Route220, together with the CEO of Quadro Vehicles, Paolo Gagliardo, and the General Manager of Cosentino Milan,...
Le novità di MIPIM
Cannes Il Mipim di Cannes, quest’anno a quota 30 (complimenti), è sempre un momento in cui si ricevono stimoli, spunti e idee nuove, ogni anno c’è sempre una chiave di lettura diversa del mercato immobiliare e l’Italia in questo contesto capisce di che considerazione gode sui mercati internazionali con la propria industry che ha ormai una professionalità riconosciuta. (…) Continua a leggere questo e gli altri articoli: ...
Maire Tecnimont: has announced result of 2018
Maire Tecnimont Group announcing 2018 consolidated results, which show growth of all main indicators: Revenues at € 3,666.6 million (+ 3.4%); EBITDA at € 205.7 million (+ 8.4% compared to the adjusted 2017 figure) and Net Profit at € 117.4 million (+ 20.2% compared to the adjusted 2017 figure). Order backlog at € 6.6 billion and Acquisition of new contracts for € 3.0 billion, in line with the average of recent years. Finally, the proposed dividend payment of € 39.1...
Oetterli, Schindler: it is important to participate in MIPIM
Cannes The opportunity to participate in MIPIM for many manufacturing companies is an important opportunity to show oneself to the world of real estate. This is underlined by our microphones Thomas Oetterli, Global CEO of Schindler Group, which also explains the company's future strategies, focusing on an increasingly broader and more varied global market. ...
Generali Real Estate acquires landmark mixed use asset in Prague
Praga Generali Real Estate, on behalf of Generali Real Estate Fund CEE, has completed the acquisition of Palac Spork, a prestigious mixed-use asset located in Prague 1, from SEBRE. Palac Spork is located in one of the most sought-after office and high street retail areas of the Czech capital, right next to the Namesti Republiky square and Na Prikope street, at a walking distance from the Old Town square. Built in 1925 and fully renovated in 2017, with the addition of...
Maire Tecnimont: new contract in Belgium
Belgio Borealis, a leading provider of innovative solutions in the fields of polyolefins, base chemicals and fertilizers, has awarded Tecnimont, main contractor of Maire Tecnimont - a leading E&C international group – with theEngineering, Procurement, Construction Management (EPCM) and Commissioning services contract for a new propane dehydrogenation (PDH) plant, including the requisite Utilities and Interconnections. The new facility, located at an existing Borealis production site in Kallo, Belgium, will have a targeted production capacity of 750,000 metric tonnes per year, making it one of the largest...
Generali launches new real estate boutique to increase shopping centre investing capabilities
The Generali Group (Generali) announces today the launch of Axis Retail Partners, a new real estate boutique focusing on shopping centre investments. The joint venture has been set up with two seasoned professionals with a strong investment track record in this asset class. This partnership is in line with Generali’s strategy to further increase its exposure toreal estate, where it is already one of the world’s leading investors through Generali Real Estate. The continental European shopping centre sector continues to be marked by solid fundamentals and...
Astaldi: the BoD approves the plan of Salini Impregilo
Astaldi S.p.A. announces that today the Company’s Board of Directors, having received an offer from Salini Impregilo, has approved the submission of the plan and the composition with creditors’ proposal, as per the application of composition with creditors on a going concern basis pursuant to articles 160, 161 and 186-bis, insolvency law, containing indications to satisfy creditors’ claims, as well as additional documents required by law. (...) ...
Poste Vita and Generali Real Estate co-invest in European real estate
Poste Vita and Generali Real Estate have signed a frame agreement aimed at co-investing in the European real estate sector. The agreement allows both companies to make the best use of their experiences in the real estate sector, and to focus on the search for opportunities for European co-investment in the main asset classes (with a focus on offices and retail) mainly for the coverage of technical reserves of two of the main operators in the Italian insurance business. The agreement...
Benson Elliot secures dominant position in key Milan market
Milano Benson Elliot, the UK-based private equity real estate fund manager, has acquired 100% of the units in an Italian real estate investment fund, ER Office Fund 3 (“EROF3”), which has acquired adjacent business parks in Segrate, northeastern Milan. EROF3 is managed by Europa Risorse SGR, a Bank of Italy regulated fund manager. The two business parks were purchased in separate transactions, from BNP Paribas SGR and from Toscanini Fund, managed by Generali Real Estate S.p.A. SGR. Segreen Business Park, acquired from BNP...
Duff & Phelps REAG is the technical advisor of Sonnedix in the acquisition of 28 photovoltaic plants
Duff & Phelps REAG, a leader in the advisory and valuation services, has supported Sonnedix, an independent solar power producer (IPP), with technical advisory services in the acquisition of a portfolio of 28 photovoltaic plants, with a total capacity of 53 MWp, from Italian renewable energy company Graziella Green Power S.p.A. Sonnedix used the Technical Due Diligence services of Duff & Phelps REAG for the assessment and mitigation of the technical risks associated with the acquisition of the plants. The...
AMPERE Gestion (CDC Habitat) and Swiss Life Asset Managers, Real Estate France announce the raising of €650 million in funding for the closing of Foncière Vesta.
AMPERE Gestion (a CDC Habitat subsidiary) and Swiss Life Asset Managers, Real Estate France, acting on behalf of a consortium of five institutional investorsannounced that it had successfully secured funding of €650 million for FoncièreVesta, with the support of joint arrangers Natixis and Crédit Foncier de France. This funding now closes the Vesta deal which covers a 128 buildings portfolio that includes circa 4,000 housing units. ...
Astaldi: the court authorizes a € 75 mln founding
Astaldi S.p.A. announces that it has received the authorisation to take out a loan of EUR 75 million, super senior pursuant to art. 111, Italian Insolvency Law. This loan is functional to the pursuit of the business continuity objective up to the deadline for filing the final proposal of composition with creditors. In particular, the loan is aimed at supporting corporate business operations, in order to benefit again of the cash inflows from the progress of work and thus to...
Generali Real Estate acquires large scale portfolio in France from Monoprix
Francia Generali Real Estate has completed, on behalf of two Generali Group entities, the acquisition of a portfolio of 53 assets operated by Monoprix, a French leading high street retailer, for approximately €600 million. This operation allows the company to further strengthen and diversify its presence in France by adding a portfolio that offers long term secured revenues and a well-balanced geographical diversification in prime locations, with around 47% of the value from assets located in Paris, 27% in Paris Region, and...
Astaldi: the Court grants deadline extension for proposal of credit composition
Roma Astaldi S.p.A. informs that, today, the Court of Rome granted the request for extending of 60 (sixty) days the deadline for the filing of the proposal of composition with creditors, the Company’s Plan and the related documentation required by law. Subsequently, the deadline for filing the final proposal of composition with creditors and the Company’s plan is deferred to 14 Februardy 2019....
Astaldi: application for new bridge finance
Italia Astaldi S.p.A. announces that it has submitted an application in order to be authorised, as a matter of urgency pursuant to art. 182-quinquies, subsection 3, Italian Insolvency Law, to take out a loan of EUR 75 million, super senior pursuant to art. 111, Italian Insolvency Law. This new bridge finance is functional to cover urgent financial requirements for corporate business operations up to the deadline for filing the final proposal of composition with creditors. This loan will be underwritten in...
CDP: 2019-2021 Industrial Plan approved
Italia Cassa depositi e prestiti Spa (CDP) Board of Directors has approved today the new Industrial Plan for 2019-2021. The Plan establishes the Group’s strategic targets and lines in the light of Italy’s main economic and social challenges, the great global trends (innovation and digitalisation, energy transition and climate change, developing countries and international trade, social changes) and the targets of the UN’s 2030 Agenda of sustainable development The new Industrial Plan establishes ambitious growth targets that the Group will pursue even through...
Turling, Ideal Standard: design in search of simplicity
Milano An important step for Ideal Standard that during the press conference held at the Milan Triennale, has announced the opening of an International Design Center for the company specializing in bathroom furniture. To explain the reasons for the Italian choice is the CEO Torsten Turling, who goes into the details of the partnership with Studio Palomba Serafini e Associati, where the goal is to mix simplicity with tradition through design, creating an impetus towards the future. For Ideal Standard, Italy...
Nomisma: turism in growth in 2017
Italia In a context of growth in tourist flows recorded in 2017 and expected for the current year, the holiday homes market marks a further increase of the houses’sale (+3.5% compared to the previous year). The further decrease in prices contributed to the recovery. The holiday homes segment shows an average yearly fall of 2.5% (compared to -2.3% recorded the last year)....
Maire Tecnimont aims at the Green Acceleration Project and launches “NextChem”
Italia Today, during the event “NEXTCHEM - Maire Tecnimont for innovation”, Maire Tecnimont presents its Green Acceleration project, and launches a new business unit through a dedicated vehicle, NextChem, which will manage 19 technological initiatives for the energy transition, to best address new market dynamics. Carbon Footprint reduction, Circular Economy, new bio-based products and feedtstocks: the energy industry paradigm is evolving, and subsequentely the reference market related to the energy transition sector is expanding, showing a compound annual growth...
Amundi: 9 first months and 3rd quarter 2018 Results
Italia On Friday 26th October, Amundi publishes its results for the first nine months of 2018, showing strong growth thanks to a high level of business activity, to good control of operating expenses, mainly attributable to synergies associated with the integration of Pioneer. Sharp improvement in results Over 9 months 2018, accounting net income1 stood at €663m, up by a sharp 40.5% compared with the first nine months of 2017, benefiting from the effects of the integration of Pioneer (consolidated as from 1...
Lane (Salini Impregilo Group) wins two U.S. contracts jointly worth $400m
Stati Uniti Lane, a U.S. subsidiary of the Salini Impregilo Group, has won two contracts in the road and water sectors in North Carolina and Tennessee for a combined worth of $400 million, further consolidating its leadership in the country. In North Carolina, Lane has been selected as “best value proposer” for a $346-million contract to design and build improvements to the I-440/US 1 from south of Walnut Street to north of Wade Avenue, including the widening of the interstate to six lanes...
Beni Stabili: the good dynamic of Milan continues
Milano Beni Stabili has published data on the performance of SIIQ in the Milan market for the first 9 months of the year. According to the good operating performance of the Milanese portfolio with 23 new contracts for 92 million euros of annualized rentals and gross rental income of 158.1 million euros (up from 152.4 million a year ago) . (...) Press Release...
Generali Real Estate acquires prime commercial building in Madrid
Madrid Generali Real Estate S.p.A. ha completado, en nombre de Generali Group GEIH (Generali Europe Income Holding) Fund, la adquisición de un activo comercial mixto en el centro de Madrid. Dating back to the second half of the nineteenth century, Arenal Cuatro is located in one of the city‘s busiest tourist and commercial streets, Calle del Arenal, in close proximity to Puerta del Sol. The property spreads over 8 floors for a total surface of 3,600 square metres, with high street retail spaces...
Eracle Fund awarded at the MSCI European Property Investment Awards 2018
Italia Eracle Fund, a closed-end fund managed by Generali Real Estate S.p.A. - Società di Gestione del Risparmio (GRE SGR) and targeted at institutional investors, was awarded for the sixth time in a row as the Best Balanced Fund in Italy at the MSCI European Property Investment Awards 2018. (...) Press Release...
Generali RE: negli opened Unieuro logistica Hub in Piacenza
Unieuro S.p.A. and Generali Real Estate, one of the leading asset management companies in the world, today in the presence of the city Authorities, opened the new 104,000 sqm Unieuro central distribution hub situated within Piacenza’s logistics hub ‘Le Mose’, and managed by Generali Real Estate S.p.A. Società di Gestione del Risparmio. The new plant - the heart of Unieuro’s centralized business model, a unique example in the domestic consumer electronics market - will be regulated by a long-term lease agreement...
AEW acquires €22mln prime high street asset in Rome on behalf of Europe City Retail Fund
Roma AEW announces the acquisition of a prime high street asset located on a key shopping street in central Rome on behalf of the Europe City Retail Fund (the “Fund”). The €22mn investment marks the Fund’s second acquisition in Rome and its fourth in the Italian market, where the value of the Fund’s assets now exceeds €100mn. The asset, which is on the prestigious Via del Corso, has been acquired from a private seller. Having previously been occupied by H&M, the...
CDP: appointed General Manager, CFO, and Manager in charge of financial reports preparation
Roma Cassa depositi e prestiti Spa (CDP) communicates that its Board of Directors, meeting today, has approved: the appointment of Fabrizio Palermo as General Manager in addition to his current role as Chief Executive Officer; the appointment of Paolo Calcagnini as “Manager in charge of preparing the company’s financial reports”, in accordance with art. 154-bis of Italian Legislative Decree 58/1998. Paolo Calcagnini, in CDP as head of Planning and Control since 2015, will assume the role of Chief Financial Officer....
Generali Real Estate enters Nordics property market with Copenhagen acquisition
Danimarca Generali Real Estate S.p.A. has completed, on behalf of Generali Group’s GEIH (Generali Europe Investments Holding) Fund, the acquisition of a prime high-street retail asset in central Copenhagen. This transaction marks the first direct asset acquisition ever closed by the company in the Nordics real estate market. Købmagergade 39 is a prominent high street retail corner building with a small residential component, located in one of the most prestigious shopping streets of the Danish capital. Built in 1780 and recently fully refurbished, it...