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EIRE 2010: investing in knowledge to promote recovery

Antonio Intiglietta, President of EIRE

As 2009 came to a close, international and Italian real estate operators found their balance sheets telling of a difficult year of stasis. But the news has begun to change now, and the word "recovery" is starting to be heard as often as the word “crisis.” This year of changes saw radical transformations in the market and its dynamics, no doubt, and even in some of its main players, and the sector has taken new directions that will never again become as distorted as those seen in past years. Talk of recovery is in the air, even if the recovery is sure to be long and difficult.

There already exist financial instruments and actors that are capable of making investments - their inactivity is dictated less by a shortage of opportunities than by the psychological aftershock of a year of immobility. From now on, prospective investments will be subjected to careful scrutiny, with every project and operation being meticulously evaluated in terms of quality and practicability - this is the new direction for every facet of the market. Businesses will still invest in marketing and events, of course, but final decisions will be weighed much more carefully and based on a tangible sense of utility.


The next edition of EIRE (Expo Italia Real Estate, from June 8th to 10th in Milan) is subject to the same trends, of course, and its organization and promotion has already begun. For our part, we are well aware that the fair itself and the commercial relationships that support it cannot be considered automatic, and that our task as organizers is to commun... [MORE]

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IVG sees losses narrow after restructuring programme

11/03/2010, 09:41 | Italy | IVG Immobilien AG


German property company IVG Immobilien recorded a consolidated net loss of EUR 158 mln in 2009, down from a loss of EUR 451.7 mln the previous year, reflecting the first results of a restructuring programme implemented in the course of last year.

According to the company's preliminary results, the value of its investment property portfolio fell EUR 64.1 mln last year, reflecting the fact that the company sold off properties at prices below their book value to safeguard its liquidity.

Revenues increased to EUR 838.8 mln from EUR 608.6 mln, mainly due to the completion and sale of a property in Italy, which generated EUR 287.5 mln in proceeds as well as proceeds from letting services for the IVG Caverns Fund, amounting to a total of EUR 43.1 mln.

PropertyEU

 

Pirelli RE targets sales of EUR 1.3-1.5 bn in 2010

11/03/2010, 09:39 | Italy | Pirelli Real Estate

Nomisma: 2009 closes with 600.000 negotiations

05/03/2010, 09:48 | Italy | Nomisma

The logistics market in Italy is recovering

05/03/2010, 09:44 | Italy | Jones Lang LaSalle S.p.A.
 

EIRE: opportunities for international partnerships

05/03/2010 | Milan | Ge.Fi. S.p.A., EIRE

EIRE has always provided a rich international atmosphere for firsthand networking among companies, investors and experts to help them cultivate development synergies and gain access to new markets. “EIRE, with its focus on the Mediterranean area, represents an ideal opportunity to present our investment climate to this business community. EIRE offers a great opportunity to meet different companies from Italy as well as other parts of the world. We had seve... [MORE]

 
 

Occupancy in hotels: Christmas 2009-Epiphany 2010

16/02/2010 | Italy | Istat

The survey measures the evolution of the tourist flow in Italian hotels (arrivals and nights spent by residents and non residents); data are disseminated in percentage changes on the same period of the previous year and not in absolute values. The survey on occupancy in hotels is carried out three times a year: Christmas-Epiphany period, Easter period and mid-August week.

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Offices: in Europe, “prime rents “ -0,8% in the fourth quarter

12/02/2010 | Italy | Jones Lang LaSalle S.p.A.

Milan Office Market 2009

28/01/2010 | Milan | Bnp Paribas Real Estate

Rome City Report H1

28/01/2010 | Rome | Bnp Paribas Real Estate
 

Aldo Mazzocco (Beni Stabili): italian real estate overview

di Guglielmo Pelliccioli - 08/03/2010 | Milan | Beni Stabili SpA, Mazzocco Aldo

Aldo Mazzocco has been CEO of Beni Stabili, the number one Italian property company, since 2001. Born in Zimbabwe 48 years ago and married with three children, he began his career as a manager in north-eastern Italy, after graduating in civil engineering and obtaining an MBA from the prestigious Bocconi University in Milan.

At 29, he practically started his working life by taking up a management post in a company with 500 staff in the construction and infrastruc... [MORE]

 

Interview: Giampiero Schiavo ceo Castello Sgr

01/03/2010 | Italy | Castello SGR

Interview of Giuseppe Taini, Fashion District’s CEO

10/02/2010 | Milan | Fashion District Italia Spa

Interview with Francesco Della Cioppa, CEO of Agorà

11/01/2010 | Milan, Europe Real Estate | Aedes S.p.A.
 

Erick van Egeraat receives Italian US Award for Milanofiori North mixed-use project in Milan (IT/NL)

12/02/2010 | Milan, Europe Real Estate | Brioschi Sviluppo Immobiliare S.p.A.
 

Percassi success destined to continue

15/12/2009 | Italy | Percassi Group

Decision on Italy's Risanamento fate by Friday

14/10/2009 | Italy, Reuters Real Estate | Risanamento S.p.A.
 
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