Beni Stabili Group acquire shares in Sviluppo Ripamonti (IT) With this deal Beni Stabili Development S.p.A. fully takes over – directly or through Beni Stabili Development Milano Greenway S. More »

IVG and Beni Stabili Gestioni enter into Joint Venture (DE/IT) On November 22, 2012, Beni Stabili Gestioni SGR, the fund management company of the Beni Stabili Group, acquired a 5% stake in the already established IVG SGR. More »

Assoimmobiliare and Federimmobiliare, representing the entire Italian real estate industry, join EPF (IT/EU) John Frederiksen, Joseph Houlihan and Michael MacBrien, President, Chairman of the Managing Committee and Director General of EPF said “Assoimmobiliare... More »

Beni Stabili Siiq signs preliminary agreement for disposal of asset in Palermo (IT) The property has a total GLA of around 25,000 m² and belongs to the ‘Fiat’ portfolio. The closing is planned for April 2012. More »

Beni Stabili SIIQ completes redevelopment of former Excelsior - Mignon cinema complex (IT) As a result, two retail units, together making up a new global shopping destination, have been delivered to the Coin group on time and on budget. More »

Beni Stabili: Beni Stabili's Board approves SIIQ regime and elects Chairman (IT) Conversion will be effective from the 2011 fiscal year. As part of its portfolio development strategy linked to the Company’s conversion... More »

Launch by Beni Stabili of an auction on Imser Securitization 2 asset-backed securities (IT) Beni Stabili believes that, at current market prices, the above asset-backed securities represent an attractive investment opportunity with positive impacts on the structure and the cost of its consolidated debt. More »

Beni Stabili acquires 10% of Beni Stabili Gestioni (IT) Beni Stabili has carried out the transaction via its subsidiary, Beni Stabili Property Management SpA, which already owns 65% of the fund management company. More »

Beni Stabili's Board approves plan for SIIQ regime and buy-back programme (IT) The restructuring of the Company’s investments and assets will allow Beni Stabili to meet the economic-patrimonial requirements set out in the SIIQ regulations from 1 January 2008. More »

Beni Stabili signs preliminary contract for purchase of property in Milan (IT) The purchase price is €28 million. The transaction will be financed partly in cash and partly via lines of credit available to the Group. More »

Beni Stabili to join Foncière des Regions group (IT/FR) Foncière des Regions will, in turn, file a mandatory exchange offer for all Beni Stabili shares, subject to the approval of the asset contribution by the General Shareholders' Meeting to be held in early May 2007. More »

Beni Stabili completes sale of property from former Comit Fund portfolio to Operae Group (IT) The total sale price is €1.9 million, representing a gain of approximately €0.5 million. This property forms part of the 'non-residential'... More »

Beni Stabili and IGD launch joint venture to acquire and develop existing shopping centers (IT) The new company, which will be 50% owned by IGD and 50% by Beni Stabili, will have initial equity of approximately €120 million and a medium-term investment target of around €500 million. More »

Cordea Savills makes second acquisition for Italian Opportunities No.1 venture (LU/IT) The total portfolio amounts to 25,763 m² The portfolio is diversified across Italy but with a concentration of assets in the following regions: Lombardia (47%), Lazio (26%) and Liguria (13%). More »

Beni Stabili closes sale of 27 properties from ex Comit Fund portfolio to Operae Group (IT) As announced previously, Beni Stabili signed the preliminary agreement for a total 29 properties. The closing for the other two assets,... More »

Board Beni Stabili approves consolidated interim report for H1 2006 (IT) The two halves are not comparable in that during the first half of 2005 Beni Stabili sold the entire trading portfolio held by Milano Zerotre,... More »

Beni Stabili sells 2 properties from Comit Fund portfolio to Investitori & Partner Immobiliari (IT) The two properties purchased by Inpartner come from the “non-residential” segment of the Comit Fund portfolio acquired last 13 July at €806... More »

Beni Stabili sells 29 properties from Comit Fund portfolio to Operae Group (IT) The parcel sold consists of 29 properties, 66% for office and 44% for retail use, located primarily in Milan and Rome (51% and 22%, respectively ). More »

Beni Stabili closes acquisition of Comit Fund portfolio (IT) The property portfolio consists of: 24 entire buildings and 27 portions of properties for commercial use (around 252,000 square metres and... More »

Beni Stabili acquires 40% of Promim srl (IT) This will involve regeneration of the one-time industrial area via construction of residential and retail space. This investment is part... More »

Beni Stabili closes acquisition of a building complex in Milan (IT) The purchase of the remaining shops will be completed by the end of September 2006. The complex currently houses two cinemas and several... More »

Beni Stabili signs preliminary contract for purchase of building complex in Milan (IT) The complex currently has two cinemas and several shops, occupying a total covered area of approximately 6,000 m². More »

General Meeting of Beni Stabilis shareholders approves financial statements for 2005 (IT) The Managing Directors, Massimo de Meo and Aldo Mazzocco, presented the results for the year and the transactions carried out in 2005. More »

Preliminary agreement Beni Stabili for the acquisition of COMIT Fund Porfolio (IT) The property portfolio consists of 24 entire buildings and 27 portions of properties for commercial use(around 252. More »

Beni Stabili wins auction for COMIT Fund portfolio (IT) The property portfolio consists of: 24 entire buildings and 27 portions of properties for commercial use (around 252,000 m² and about... More »

Beni Stabili Groups consolidated financial statements for 2005 approved (IT) Net profit for 2005 was significantly influenced by the Groups decision to exercise the option granted by Law no. 266 of 12 December 2005,... More »

Beni Stabili Board approves revaluation of investment properties (IT) The positive impact of the revaluation on the 2005 financial statements, that is in progress waiting for the annual revaluation of the investment portfolio, will be announced when the financial statements are to be approved. More »

Beni Stabili signs preliminary agreement for sale of San Clemente Island (IT) San Clemente Resort owns the island of the same name, located in the Venetian lagoon, which is home to a luxury hotel complex. More »

Beni Stabili first half net profits boosted by real estate sales (IT) Operating profit rose to €141.9 mln, from €110.6 mln in the first half of 2004, including real estate sale gains of €65. More »

Beni Stabili sells 15% of Proger S.p.A. (IT) The sale of the service company is part of the Group’s corporate restructuring, which is now nearing completion and is in line with its strategy of focusing on three area of business Asset, Property and Fund Management. More »

The Carlyle Group and Operae S.p.A. acquire 26 building portfolio from Beni Stabili Group for €255 million (IT) The transaction was carried out by a joint venture owned by The Carlyle Group and Operae. The joint venture is the first strategic alliance developed in Italy by Carlyle’s European real estate team with a private company. More »

Beni Stabili full year net profits rise to 62.1m (IT) Profits from property sales rose 66 pct to 63.4 mln eur, while revenues from rents rose 5 pct to 166.0 mln. However, results were affected by higher costs, taxes, and payments to minorities, it said. More »

Beni Stabili sees full year results in line with 2003 (IT) Beni Stabili SpA said it expects full year results to be in line with 2003. The forecast accompanied nine months results, which showed a net profit of € 38. More »

Beni Stabili first half net rises and sees full year in line with 2003 (IT) Beni Stabili SpA said its first half net profit rose strongly, supported by higher real estate profits and extraordinary gains. More »

Beni Stabili: promising Q1 2004 results Beni Stabili published bottom-line Q1 2004 results that came out 18% higher on a y-o-y basis. Net profit amounted to € 7,2m versus € 6,1m in Q1 2003. More »