ARTICLES LABELLED WITH TAG Italy

Romania stands out in the European fiscal landscape with property taxation levels significantly lower than the EU average, according to an analysis by Cushman & Wakefield Echinox based on Eurostat data. This position has enhanced the attractiveness of the local real estate market and established a favorable tax framework for owners and investors.

Europe is experiencing a surge of interest from both real estate investors and international students, making it the ideal destination for operators and developers in the student housing sector. The latest data from Bonard has highlighted the drivers behind Europe's rise as the destination of choice for students and investors.

Facility management group B+N Referencia Zrt has recently completed a deal in Italy in a move designed to expand its presence in the local market.

Investors across Europe will continue to focus on sectors with strong structural tailwinds, such as living and logistics, according to a Knight Frank report. 

Indotek Group has announced the strategic acquisition of Galleria Porta Siena on LinkedIn. Galleria Porta Siena, a prime commercial property located in the heart of Siena, joins the group's growing portfolio of Italian retail assets.

Hilton has announced plans to open Italy’s first LXR Hotels & Resorts property, following a franchise agreement with Romanian group Pavăl Holding and Apex Alliance.

CPI Property Group (CPIPG) has announced updated information regarding the Group´s efforts in reducing and preserving cash, with a focus on disposals.

The Rome City Hall has not approved the plan to build a new stadium for the AS Roma football club on a brownfield site, which until recently was the favourite for this development and which is owned by the CPIPG group. According to the Italian media, the group wanted to invest €5 billion there. Its further Italian expansion is thus slowing down. Alongside the impact of the Covid pandemic and the war in Ukraine, this is another blow to the group's business plans in Italy, writes E15.cz.

The group entered the market with the acquisition of Le Masserie shopping centre in southern Sicily and a portfolio of 13 supermarkets, located mainly in Northern Italy. 

Duna House Group has signed an agreement for the acquisition of 70% of the Italian HGroup with future put/call options that can increase its ownership to 100%.