Olympics and new homes – Corriere.it
[ad_1]
System operation
An articulated and systemic operation, the result of a negotiation that has been going on for months – and the legacy of the rescue of Risanamento in 2010 at the time of Luigi Zunino – but which has now been accelerated by all parties in the field. In the awareness that there is no time to lose to meet the Olympic deadlines. The scheme envisages the creation by Lendlease Italy sgr of a fund, which will then develop the project, to which Risanamento will contribute the area at a market value of 648 million. The immediate result is that Risanamento no longer has any debts and can start afresh, finance itself on the market and complete the other projects in its portfolio. The creditor banks will convert the current credit of around 566 million into units of the fund: Intesa, Banco Bpm and, in place of Unicredit, Back2Bonis has arrived, a platform owned by Amco and managed by Prelios, all protagonists of the revitalization of the area and the construction of the hockey arena which has a tight deadline: it must be ready by 2025.
Land reclamation and infrastructure
Reclamation and infrastructural works can accelerate thanks to the new loan for 180 million from Intesa and Banco Bpm. In a difficult moment for the markets, we have completed the process. With this agreement starts the realization and completion of the Santa Giulia project whose quality has been able to attract institutional investors of standing, says Claudio Calabi, president of Risanamento, in the control room of the operation, supported by the general manager Davide Albertini Petroni, supported by the ‘adviser Lazard. After reclamation and infrastructure, the Lendlease fund will receive the bare ownership of the area and will be able to develop the area as part of an operation estimated at around one billion.
[ad_2]
Source link
