il Quotidiano Immobiliare

ITALY

di Marco Luraschi

George Aase: P3 ready for expansion and new developments

Interview with P3’s CFO following GIC acquisition

Italy • In early November, GIC, the sovereign investment fund from Singapore, signed an agreement to acquire P3 from TPG Real Estate and its partners Ivanhoé Cambridge. A €2.4 billion deal, it is the most important in 2016 for Europe’s real estate sector. With the support of its new shareholders, P3 is ready to enter the next phase of its growth with land with a total potential development of 1.4 million sqm, according to George Aase, Chief Financial Officer at P3, in an exclusive interview with il Quotidiano ImmobiliareDo you think that the value of Italian logistic assets is aligned to other European markets or do you believe it still needs to grow in near future?
We are very upbeat about the logistics market in Italy. The country's economy is the third strongest in the Eurozone and the fourth in Europe. As a result, there is strong demand from companies - particularly e-commerce businesses - to open or expand in Italy. As a result, take-up is strong, vacancy rates are decreasing. We …

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DECEMBER 2016
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24/11, 09:05
21/11, 09:10

Italy is a country for old men

Nomisma Outlook Flash, 21 November 2016

Italy • It is well known that Italy is one if the European countries where younger cohorts have most difficulties at entering the job market. Sometimes it has been popular to convey…

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19/11, 10:22

Hines acquires flagship retail asset in Milan for €52mn

Mario Abbadessa: "High street continues to be a very interesting market"

Milan • Hines has successfully completed the acquisition of a flagship high street retail property on Via Torino, Milan’s prime mass market high…

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28/09, 09:17

Knight Frank: Italy is being seen as a safe long-term investment

The report 2016/2017 Italian View

Italy • Attached the 2016/2017 edition of Italian View: Knight Frank Italy’s key publication for prime residential property in Italy. The past year has seen…

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01/08, 09:55

Real estate funds: a year of full recovery

Positive trend for Italian funds, growth above 10%

Italy • Improvement in the economic prospects, the availability of considerable liquidity and rising demand for professional management of real estate stocks: all these are…

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04/02, 16:38

LEED professionals around the world: Italy

Meet Fabio Viero,head of sustainability and LEED AP at Manens-Tifs s.p.a.

Italy • Meet Fabio Viero,head of sustainability and LEED AP at Manens-Tifs s.p.a., a consulting firm that specializes in sustainability and energy issues for…

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