il Quotidiano Immobiliare
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....
5-star hotels: in Italy, the real estate value of a room is almost one million €
The Italian real estate hospitality market is and appealing asset class with great value for national and international investors. This is the picture emerging from the new Report Hotel – Focus Mare 2019 realized by World Capital, in collaboration with Nomisma. Among the different aspects of the Italian hospitality, the Report displays a detailed overview of room property costs of the following seaside towns: Portofino, Lido di Venezia, Cesenatico, Forte dei Marmi, Sperlonga, San Benedetto del Tronto, Positano, Polignano a mare, Maratea, Tropea, Giulianova,...
Maire Tecnimont receives a visit from Minister of International trade and Industry of Malaysia
Milano A Malaysian government delegation, led by the Minister of International Trade and Industry of Malaysia, Datuk Darell Leiking, was a guest of the Maire Tecnimont group in its Milan headquarters. The Minister took part as a speaker in the Region Day, the event dedicated to the international presence of the Group. He also visited the NextChem plant for the recycling of plastics, located in Bedizzole (Brescia). NextChem is the company of the Group that operates in the field of green...
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...
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,...
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...