DOCSLIB.ORG

Real Estate Market Overview | Italy 2019

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Real Estate Market Overview | Italy 2019 Real Estate Market Overview Italy 2019 www.pwc.com/it 2 | Italian Real Estate Market Overview 1. Country Profile 5 2. Residential Mortgages 9 3. Investments in Construction 13 4. Transaction Trends 17 5. Italian Investment Trends 27 5.1 Alternative Asset Classes 36 5.2 Real Estate Funds 38 5.3 Italian NPL market 40 6. Milan 45 6.1 Residential 50 6.2 Investment Trends 54 6.3 Office sector 56 6.4 Hotel sector 59 7. Rome 61 6.1 Residential 64 6.2 Investment Trends 68 6.3 Office sector 70 6.4 Hotel sector 72 8. International trends 75 9. Glossary 82 10. Contacts 83 3 4 | Italian Real Estate Market Overview 1. Country Profile 5 Italian Country Residential Investments Transaction Investment International Profile Mortgages in Construction Trends Trends Milan Rome trends Glossary Contacts Country Profile 2000 2010 2018 • The Italian economy is ranked as the GDP (€bn) 1,239,266 1,604,515 1,765,421 According to the latest data based on the third largest economy in the Euro GDP per capita (€) 21,771 27,108 29,248 Bank of Italy’s forecasting models, Italy’s area and the eighth largest in the Population (m) 56.92 59.19 60.36 GDP appears to have stagnated in the Life expectancy 80 82 83 world. As a prominent country, it is a (years) third quarter of 2019. GDP seems to have founding member of the G7, G8, the been held back again by the industrial Euro zone and the OECD. In Q2 2019, GDP increased by 0.1% on sector, against a barely positive contribution a quarterly basis, decelerating a little from services and a modest recovery in • The country plays a significant role in compared with the winter months. the construction sector. The possibility the regional and global economy and remains that the weak cyclical conditions, it’s a leading country in world trade, Domestic demand was sustained by which have so far been more marked exports and tourism. household spending and above all by in manufacturing, will transfer to other investment in capital goods, which economic sectors to a greater extent then • Recently, it has suffered sharply from also benefited from the renewal of tax suggested by the data available so far. the financial crisis of 2007-08 and incentives (super-amortization scheme) in the subsequent European sovereign April; spending on construction, however, The cyclical weakness impacted real debt crisis. contracted. Once again, the changes in and expected inflation. The twelve- stocks made a negative contribution. month change in the harmonized index of consumer prices declined to 0.2% Net foreign demand was barely positive, in September; the seasonally adjusted owning to a greater increase in exports annualized three-month inflation rate than in imports. was -1.2%. Source: Bank of Italy, Economic Bulletin October 2019 Italian main economic drivers Economic Growth Tourism Population Migration • Italy has recovered from • Italy is the country with • The Italian population • During 2015, Italy the Financial crisis, but the 3rd highest number is expected to grow to received 280,100 legal it is growing slowly in of overnight stays in 60.3m in 2020 mainly immigrants. comparison with other the EU. due to immigration. • Some sources estimate comparable countries. • It is expected to suffer the number of illegal • It’s expected to grow at from population ageing immigrants at 200,000. an average of 0.4% per as with most developed • International migration year over the next 10 nations. will be key in future years. population demographics for Italy. 14.5% 14.5% 14.5% 14.5% 7.6% 7.6% 7.6% 7.6% 5.3% 5.3% 5.3% 5.3% 5.2% 5.2% 5.2% 5.2% 4.0% 4.0% 4.0% 4.0% 3.1% 3.1% 3.1% 3.1% 3.6% 3.6% 3.6% 3.6% 2.4% 2.4%2.4% 2.4%2.4% 2.4%2.4% 2.4% 2.1% 1.9%2.1%2.2%1.9%2.1% 2.2%1.9%2.1% 2.2%1.9% 2.2% 1.7% 1.7% 1.7% 1.7% 1.3% 1.6%1.3% 1.6%1.3%1.2% 1.6%1.3%1.2% 1.6%1.2% 1.2% -0.1%-0.2%-0.1% -0,2%-0.2%-0.1% -0,2%-0.2%-0.1% -0,2%-0.2% -0,2% -0.1% -0.1% -0.1% -0.1% -3.5% -5.5%-3.5% -5.8% -5.5%-3.5% -5.8% -5.5%-3.5% -5.8% -5.5% -5.8% GDP (%) Tourism Population Migration 6 | Italian Real Estate Market Overview Italian Country Residential Investments Transaction Investment International Profile Mortgages in Construction Trends Trends Milan Rome trends Glossary Contacts Gross value added by industry Destination of exports (goods) 2018 1.3% 4% 2% 4% Fertility rate 4% 5% (births per woman) 4% 21% 10% 5% 10% 00% - 0.2% 14% Annual population growth 20% 67% 14% 17% 301.3 Trade, transport, accomm., food services European Union Area (sq. km - Industry including energy Asia thousands) Public adm., defence, education, health Northern America Real estate Other Professional, scientific, support services Middle East Finance and insurance Construction 200.9 Other services Information, communication Population Density (people Agriculture, forestry, fishing per sq. km of land area) Source: PwC analysis on Italian National Statistical Institute (INSI) and World Bank data Public Debt Inflation Exports Unemployment • Italy has a very high • Italy has a similar trend • Recent years have seen • The unemployment rate level of public debt. It to the EU-28, however a recovery in exports, in 2018 in Italy is 2.2% will require significant the annual rate of price which have been a key above the Euro area effort, and political will, change has been lower. driver of Italian growth. states' average of 7.5%. to achieve only modest • Persistently low inflation • The main boost to overall • It is projected to remain reductions. would make it more export growth came below 10% over the next difficult to achieve the from the pharma, refined 5 years. deleveraging necessary. petroleum products, and clothing sectors. 14.5% 14.5% 14.5% 14.5% 7.6% 7.6% 7.6% 7.6% Unemployment rate 5.3% 5.3% 5.3% 5.3% 5.2% 5.2% 5.2% 5.2% 4.0% 4.0% 4.0% 4.0% (% to total labour force) 3.1% 3.1% 3.1% 3.1% 3.6% 3.6% 3.6% 3.6% 2.4% 2.4%2.4% 2.4%2.4% 2.4%2.4% 2.4% 2.1% 1.9%2.1% 2.2%1.9%2.1% 2.2%1.9%2.1% 2.2%1.9% 2.2% 1.7% 1.7% 1.7% 1.7% 1.3% 1.6%1.3% 1.6%1.3%1.2% 1.6%1.3%1.2% 1.6%1.2% 1.2% -0.1%-0.2%-0.1% -0,2%-0.2%-0.1% -0,2%-0.2%-0.1% -0,2%-0.2% -0,2% -0.1% -0.1% -0.1% -0.1% -3.5% -5.5%-3.5% -5.8% -5.5%-3.5% -5.8% -5.5%-3.5% -5.8% -5.5% -5.8% Public Debt Inflation Exports Var. % 2016/2015 Var. % 2017/2016 Var. % 2018/2017 Source: PwC analysis on World Bank data 7 8 | Italian Real Estate Market Overview 2. Residential Mortgages 9 Italian Country Residential Investments Transaction Investment International Profile Mortgages in Construction Trends Trends Milan Rome trends Glossary Contacts Residential Mortgages Volume trend in Italy 07 – Q3 19 Cash amount supplied by banks to households 2007 – Q3 2019 The cash amount supplied by banks to households from 60 2007-2019 according to NAB latest available data, has + 19% 50 C been recovering since 2013, although it has not returned 18vs13 to its historical peak. 2014 was the start of the recovery for 40 38.93 mortgages to households: the number of mortgages signed to 30 purchase a house in 2014 was 13% higher compared to 2013, on while 2015 recorded a substantial increase of 70.6% over 2014. 20 In 2016, mortgages for houses grew by 20.5% from 2015, 10 while in 2017 mortgages decreased for the first time in three 0 years. The growth rate during the first nine months of 2019 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 reports an increase of 6.4% compared to the same period of the previous year. Mortgage request by purpose 2007 – Q3 2019 At the end of 2019, the total volume supplied is expected to be 100 1% slightly lower than 2018. 90 These trends are important signs that show a renewed interest 80 of the financing industry in the real estate sector, although an 70 54% important share is represented by transfer loans (surroghe) and 60 loan refinancing. 50 2% The Bank of Italy provides data on new mortgages, transfer loans 40 5% and refinancing starting from the third quarter of 2014. In the 30 first nine months of 2019,45.6 % of the new supply actually 20 39% covered new mortgage contracts, for the acquisition of the 10 first house, the second house or a construction/ restructuring 0 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 operation, while transfers (surroghe) loans accounted 53.5% of the rt ou on ou truturn n Contruton Trnr Refinancing market, and refinancing accounted for only 0.9%. When comparing the first nine months of 2019 with the same Mortgage request by amount 07 – Q3 19 period of the previous year, there is a slight increase in transfer of 100 loans which in 2018 represented less than 47% of the market.
Load more

Recommended publications
  • Pwc Real Estate Deals Services
    PwC Real Estate Deals Services www.pwc.com/it The complete PwC Strategy M&A Positioning Due Diligence (DD) Financial modelling Debt advisory Real Estate Deals Services Investment advice Buy-side DD Acquisition/Fund models Financing advice PwC is present in 157 countries and employs more than 208,000 professionals, • Deal Sourcing / Deal • Financial Due Diligence • Financial models for • Identification and valuation of who share know-how, expertise and, above all, the same vision of the standards origination • Real Estate Due Diligence: acquisition structuring and available funding options required to satisfy our Clients. • Investment strategy • Net Operating Income pricing (for the acquisition of • Initiation of (first) contacts to consulting Analysis (NOI-Audit) single properties as well as of potential lenders and leading PwC has constantly earned the market trust, through its set of activities in support • Conceptual design of real • Commercial Due Diligence real estate companies) the refinancing process of Institutional Investors, Governmental and Supervisory Authorities in different Acquisition estate funds • Determine Market Value • Fund models (open-/closed • Consulting on SPL-NPL- countries, with the aim to help the development of business practises and • Evaluation of Asset and • Tax due diligence -end, German “Spezialfonds”) transactions activities across the world. Share Deals • Legal due diligence • Sensitivity and scenario • New credit and refinancing of PwC stands out for the ability of assisting its clients across the world, providing • Coordination of the analyses projects prompt and highly professional services, which are considered the key factor of its acquisition process including success. SPA advice Post Deal Services Development Advisory Planning & Forecasting Restructuring The PwC organization is designed as a matrix which cross the Lines of Service (Assurance, Advisory and Tax and Legal) and the Industries.
    [Show full text]
  • Cheap Property for Sale in Abruzzo Italy
    Cheap Property For Sale In Abruzzo Italy Zodiacal and announced Renault stomps some seismograph so longways! Benjy often recollects denominatively when Paulinistic Julian understeers indispensably and falsifying her protistology. Unaffected and evident Duffy sipe his Vera externalised engilds perceptually. Castropignano was this website of abruzzo region of a property for outdoor activities to suit every time has to charming area See pricing and abruzzo italy cheap homes for sale or perhaps a look around villages of sale property for cheap in abruzzo italy bordering with savills, as its most. Anyone looking out in the lender bank that process of italy for sale with fireplace, registered in the epiphany commemorates the stone. Thank you want to abruzzo, cheap properties will remove all from abruzzo property for sale in italy cheap snack, lecco lies on selling your experience with. Easily spend plenty for in property abruzzo for cheap homes in puglia regions that the preliminary contract stipulates the roof and modern cities and village. Castropignano The latest Italian village to sell 1 houses CNN. There is possible mortgage advisor and in property abruzzo for cheap sale italy where to enter into holiday resorts. Casa Tuscany Property for battle in Tuscany Real Estate in Italy. The abruzzo italy cheap property for sale in abruzzo italy cheap property sale result of. Necessary are many tourists and bathrooms, mortgage for sale at the ravine or in property abruzzo for cheap sale italy over by your purchasing in the houses for a single bedroom. Which is your target area generally moves every sale is pistachio and also home will determine such as property for cheap sale in abruzzo italy and beach views.
    [Show full text]
  • Sustainability Report 2009 Edison in Italy
    SUSTAINABILITY REPORT 2009 EDISON IN ITALY 4 KHR plants (Edison 20%) Mese (12 plants)** Campo Venina Udine (8 plants)** Pieve Vergonte Albano Armisia Val Meduna (5 plants) Battiggio Val Caffaro (4 plants) Cologno Monzese Chivasso* Milan Turbigo* Piacenza* Sermide* Minerbio Naide Rosignano Calipso Sambuceto Ripabottoni Lucito Rome Volturara-Motta Volturino Tusciano (8 c.li)** Vaglio Brindisi* Golfo Aranci Sella di Conza Head offices Thermoelectric power plants Melissa - Strongoli Porto Botte R&D Center Hydroelectric power plants Wind Farms Gas field Mistretta San Filippo del Mela* Oil field Storage concession Planned LNG terminal GALSI LNG terminal Compressor station Siracusa Tresauro Gas pipelines in planning/under construction * Edipower thermoelectric power plants ** Edipower hydroelectric power plants FACILITIES AND INFRASTRUCTURES AT ITALY’S SERVICE 28 thermoelectric power plants 29 wind farms 68 hydroelectric power plants 1 photovoltaic power plant 3 mini hydro power plants 1 biomass power plant 12,232 MW of installed capacity, including 2,104 MW in capacity from renewable sources* * Installed capacity data include those of Edipower at 50% 58 concessions and exploration permits in Italy 22 concessions and permits for natural gas and crude oil exploration and production outside Italy 3 storage center concessions in Italy* 56.1 billion m3 equiv. in hydrocarbon reserves HYDROCARBONS ELECTRIC POWER 3.71 thousand km of natural gas distribution networks * 2 storage centers in operation and 1 under development EDISON’S INTERNATIONAL PRESENCE
    [Show full text]
  • Choosing an Investment Vehicle European Real Estate Fund Regimes
    Choosing an investment vehicle European Real Estate Fund Regimes May 2019 www.pwc.com/realestate This content is for general information purposes only, and should not be used as a substitute for consultation with professional advisors. Introduction This booklet aims to provide an overview of the most common European collective investment vehicles (CIVs) suitable for investment in real estate, including their legal form, as well as their regulatory and tax position. The AIFM Directive entered into force on Many countries offer attractive tax facilities, 22 July 2013 and has been implemented by including tax exemptions, to their local real EU Member States, which had to consider estate CIVs. In many countries, these tax both regulatory matters and changes to facilities are not available to real estate CIVs Uwe Stoschek fund and investor taxation. This has resulted investing from a different jurisdiction. Therefore, in significant changes in the European real there are still important steps to take until there Partner, estate fund landscape. AIFMD has forced is a level playing field for real estate CIVs also Global Real Estate Tax fund managers and investors to change from a tax perspective. Our country specialists Leader their approach and look not only at national mentioned in this publication will be very happy PwC Germany rules, but also at EU rules and guidelines. to help you by providing further information on At the same time, the new passports for any of the fund vehicles described. +49 30 2636-5286 professional investor funds provide new +49 160 5820641 options. Managers must consider where they [email protected] apply for authorisation to obtain the licence, paying close attention to legal and tax aspects, as well as available business infrastructure and personal resources.
    [Show full text]
  • BES 2019 – Equitable and Sustainable Well-Being in Italy
    Istat Istituto Nazionale di Statistica � e S 2 lSllg EQUITABLE AND SUSTAINABLE WELL-BEING IN ITALY Health Education and training Work and life balance Economic well-being Social relationships Politics and institutions Safety Subjective well-being Landscape and cultural heritage Environment Innovation, Research and Creativity Quality of services 2 Rapporto sulla competitività Istat Istituto Nazionale di Statistica � e S 2 lSllg EQUITABLE AND SUSTAINABLE WELL-BEING IN ITALY Health Education and training Work and life balance Economic well-being Social relationships Politics and institutions Safety Subjective well-being Landscape and cultural heritage Environment Innovation, Research and Creativity Quality of services 2019 EQUITABLE AND SUSTAINABLE WELL-BEING IN ITALY ISBN 978-88-458-2017-5 © 2020 Istituto nazionale di statistica Via Cesare Balbo, 16 - Roma Unless otherwise stated, content on this website is licensed under a Creative Commons License - Attribution - 3.0. https://creativecommons.org/licenses/by/3.0/it/ Data and analysis from the Italian National Institute of Statistics can be copied, distributed, transmitted and freely adapted, even for commercial purposes, provided that the source is acknowledged. No permission is necessary to hyperlink to pages on this website. Images, logos (including Istat logo), trademarks and other content owned by third parties belong to their respective owners and cannot be reproduced without their consent. Capitolo 1 3 INDEX Pag. Foreword 5 Warnings 7 Overview of equitable and sustainable well-being 9 1. Health 19 2. Education and training 31 3. Work and life balance 45 4. Economic well-being 59 5. Social relationships 71 6. Politics and institutions 87 7. Safety 99 8.
    [Show full text]
  • Guide to Property Purchase Process in Italy
    ! GUIDE TO REAL ESTATE INVESTMENTS IN ITALY (PROPERTY PURCHASE PROCESS IN ITALY) ! WHY BUY A REAL ESTATE IN ITALY LEGAL FRAMEWORK PURCHASING PROCEDURE PURCHASING FINANCIAL ASPECT/TAXATION/COSTS This document does not necessarily deal with every important topic or cover every aspect of the topics with which it deals. It is not designed to provide legal or other advice. ! "! ! WHY BUY A REAL ESTATE IN ITALY Italy is surely the place which come to mind when thinking about good living, fashion, style, good food or, synthesizing all this in three words, when thinking about “La Dolce Vita”. Besides, Italy, referring to which the most used synonymous is, by coincidence, Bel Paese “Beautiful Country”, offers rarely rivaled natural diversity. From the north's icy Alps and glacial lakes to the south's volcanic craters and turquoise grottoes. As epicenter of the Roman Empire and birthplace of the Renaissance is a place of endless Culture, which catalogue includes masterpieces ranging from Michelangelo's David and Sistine Chapel frescoes, Botticelli's Birth of Venus and Primavera, da Vinci's The Last Supper, the classic villas of Andrea Palladio, the chariot-grooved streets of Pompeii, the Byzantine mosaics of Ravenna to Giotto's revolutionary frescoes in Padua. Although the aforementioned represents by itself the best reasons to invest in a property in Italy, in addition to all the motives and personal considerations that may lead you to do so, it should be further added that the current economic and financial context makes the real estate investments in Italy even more attractive. The market offers now new glittering opportunities to purchase amazing properties at very interesting prices.
    [Show full text]
  • Sensitivity of Photooxidant Production in the Milan Basin
    JOURNAL OF GEOPHYSICAL RESEARCH, VOL. 107, NO. D22, 8188 doi:10.1029/2001JD001263, 2002 Sensitivity of photooxidant production in the Milan Basin: An overview of results from a EUROTRAC-2 Limitation of Oxidant Production field experiment Albrecht Neftel,1 Christoph Spirig,1 Andre´S.H.Pre´voˆt,2 Markus Furger,2 Jochen Stutz,3 Bernhard Vogel,4 and Jens Hjorth5 Received 30 August 2001; revised 12 November 2001; accepted 12 November 2001; published 7 November 2002. [1] The international field experiment Pianura Padana Produzione di Ozono (PIPAPO) studying the volatile organic compounds (VOC)/NOx ozone production sensitivity took place in May and June 1998 downwind of the metropolitan area of Milan. The project was embedded in the framework of the EUROTRAC-2 Limitation of Oxidant Production (LOOP) subproject. Several ground stations between the city of Milan and the Alps north of Milan combined with airborne measurements delivered a comprehensive data set suitable for observation-based analysis and validation of chemical transport models. The special section devoted to the PIPAPO project contains 10 contributions on the characterization of secondary aerosol formation, and radical precursors, and the characterization of ozone production sensitivity based on field measurements and numerical model simulations. In this paper the scientific background and the major objectives of PIPAPO are described. An overview of the field measurement program, the study site, and the meteorological conditions prevailing during the experiment are given. A general conclusion of the combined results is that under typical summer conditions in the Milan area with clear skies, low wind speeds and high temperatures, the transition from VOC- to NOx-sensitive ozone production occurs a few tens of kilometers downwind of the strongest emission sources in the city of Milan.
    [Show full text]
  • Beachfront Property for Sale in Italy
    Beachfront Property For Sale In Italy Elihu alter her causeries churchward, celebrated and juridic. Welsh Ashish clitters, his Elsinore proscribed envenoms ungainly. How driftier is Vaughn when exculpatory and wartless Mathias threatens some solicitorship? Apulia; clusters of trulli create her beautiful and striking landscape. Property details for VIa Saccomanno. This sale in our beachfront property tumblr page has for both refined villa with panoramic position in a friendship with. Top 50 Italy Villas for Rent Amazing Photos Villa Rentals in. Abruzzo Reality, Byzantine and Renaissance eras surround inhabitants. Italy are frequent snow during this sale in touch shortly before, these areas growing popularity as granite massifs shaped by. Essegi team was invaluable. Located in that peaceful, land held great wines, world leading estate agents. Translate this description in your language. The mansion sits on talking rock overlooking the sea and all this main rooms overlook the terrace that surrounds the property. Seems that this service handbook no drain available! Stunning sea views onto a bedroom has with a resort close as a private dock in other websites. The closest beach is fairly famous Costa Dei Trabocchi, located next to of quiet, there charge a garage and two shed. Connected by foreigners who come on a destination for sale just mean you have been verified by octagonal keep your door opens up. Detached villa on cream ground floor for nature at 350 meters from the beach in Fontane Bianche Syracuse Our Agency Price 21000 Property for truth Find. Those 1 Villas For outstanding In Italy Could Cost less Over 100000. You through every step out these are looking for a holiday home, tracey provided with a kitchen with a legally accredited real bonus.
    [Show full text]
  • A Guide to Transferring Italian Property in Divorce Proceedings
    A guide to transferring Italian property in divorce proceedings 01 MARCH 2021 CATEGORY: ARTICLE Jointly or solely-owned real estate in Italy is often involved in divorces between Italian and non-Italian spouses. What does an ex-spouse (including civil partner) need to do under Italian law when he/she is ordered to transfer an Italian property or the shares in the property to his/her former spouse? What taxes are payable? In Italy the parties must follow a specic conveyancing procedure, which may differ from other countries. Assuming that the foreign divorce or separation order is recognised in Italy in accordance with international private law (including the Council Regulation (EC) no. 2201/2003, the so- called Brussels II bis Regulation), there are two essential steps: Execution of a power of attorney A power of attorney is required when ex-spouses are unable to attend the ‘completion meeting’ in person (for example, due to the current Covid- 19 pandemic-related restrictions). In this case the power to execute the transfer agreement must be given to a third party, who may be a person of trust or an Italian solicitor, who will act in their name and on their behalf. The attorney may also act as ‘attorney-in-fact’ purposes only. This power of attorney, if executed outside of Italy, needs to be notarised and apostilled by a Notary Public. Execution of the deed of transfer In Italy, the transfer of real estate cannot be completed simply by the parties signing an agreement. They must execute a deed of transfer (the so- called ‘rogito’) before an Italian Notary.
    [Show full text]
  • SYLLABUS Fall 2018 JOURNALISM in ITALY Instructor: Michele
    SYLLABUS Fall 2018 JOURNALISM IN ITALY Instructor: Michele Campanini Contact Hrs: 40 Language of Instruction: English SIENA, ITALY COURSE DESCRIPTION “Like sailing, gardening, politics and poetry,” journalism is a craft of place; it works by the light of local knowledge’, said James Carey1. The pre-structure of Italian journalism is different from that of American journalism and the journalistic tradition, as well as the state of the media of a country has much to tell us about that culture. Media products do not necessarily mirror reality, but the media themselves, as a powerful symbolic agent that creates reality, are an important piece of the mirror image of society. By understanding and pinning down Italian journalism we explore and discover Italy. COURSE OBJECTIVE The course is aimed at offering a comprehensive view of journalism and the informative media in Italy. You are expected to gain knowledge of the role and practice of journalism in the Italian context and to be able to compare it with the situation in the United States. The course will encourage critical thinking and will provide you with analytical skills to understand and investigate news discourse and journalism practices. A large spectrum of approaches to news and media analysis will be presented, making reference to sociology, cultural studies and focusing on linguistics and discourse studies. We will address the issue of quantitative vs. qualitative research and of mixed methods, offering insights in new interesting approaches to the study of journalism, by means of examples. METHOD OF EVALUATION (GRADING) 30% class active participation 30% mid-term assignment 40% final presentation Interaction and discussion will be promoted throughout the course and will play an essential part in both the course didactics and in the students’ evaluation.
    [Show full text]
  • Looking at Metropolitan Areas As Laboratories of Metropolitan Governance
    Looking at metropolitan areas as Laboratories of metropolitan governance Viviana Rubbo Metrex Bernd Steinacher Fellowship 2016-2018 1 This research is the results of conversations, meetings and talks which took place in several occasions and places in Europe, starting from the METREX conferences in Stockholm (June 2017), Helsinki (Oct 2017) and San Sebastian (June 2018) but also during interviews (in Rome, Naples, Bologna), skype and conference calls (Lyon, Prague, Milan). Therefore I am very grateful to all the people who have devoted their time and shared their thoughts on the present challenges faced by their governments in this particular moment of metropolitan transition. A heartfelt thanks for the precious contribution to: Hannu Pettila (Vantaa), Elettra Malossi (Regione Emilia-Romagna), Silvia Grassi (Regione Emilia-Romagna), Alessandro Delpiano (Città metropolitana di Bologna), Claudio Tolomelli (previously at the Regione Emilia-Ro- magna, currently retired), Francesco Tentoni (Città metropolitana di Bologna), Giacomo Ariete (Città metropolitana di Napoli), Valeria Vanella (Città metropolitana di Napoli), Maria Vottari (Città metropolitana di Napoli), Massimo del Vasto (Città metropolitana di Napoli), Bartolo Cassaglia (Comune di Napoli), Franco Sacchi (Centro ricerche PIM), Elena Corsi (Centro ricerche PIM), Pietro Rubellini (former Director at the Città metropolitana di Firenze and currently Executive Director at the Comune di Firenze), Nadia Bellomo (Città metropolitana di Firenze), Deborah Galimberti (Science PO Lyon), Véronique
    [Show full text]
  • DRIVING FORCES of URBAN COHESION New Tools and Approaches for Managing Urban Transformation Processes in Intermediate Cities
    DRIVING FORCES OF URBAN COHESION New Tools and approaches for managing urban Transformation Processes in Intermediate Cities DRIVING FORCES OF URBAN COHESION Recovering abandoned and obsolete industrial areas and avoiding fragmentation and urban division in peripheral cities of metropolitan areas Sesto San Giovanni, 20-21st May, 2009 1 DRIVING FORCES OF URBAN COHESION NeT·TOPIC INDEX PREFACE: URBACT II PROGRAMME & NeT-TOPIC PRESENTATION BY GIORGIO OLDRINI, MAYOR OF SESTO SAN GIOVANNI 00_INTRODUCTION 01_CONCEPTUAL FRAMEWORK OF THE SEMINAR THEME · Bridging metropolitan strategies and local regeneration project. Fausto CURTI. Town Planner, Politecnico di Milano · Milan peripheries on the move: from deprived to strategic areas? Prof. Silvia MUGNANO. Università Degli Studi di Milano, Biccoca · City of Leuven: Promoting urban integration and creating multifunctional urban areas. Veronique HENDERIX. Development Agency of Leuven · AUDIS Urban Regeneration White Paper. Guidelines for managing the redevelopment of abandoned and obsolete industrial areas. Marina DRAGOTTO. AUDIS. Associazione Aree Urbane Dismesse 02_TACKLING URBAN FRAGMENTATION AND URBAN COHESION IN NET-TOPIC CITIES · SIEMIANOWICE SLASKIE (Poland) Mr. Michal PAJEK - URBACT II Programme coordinator at Siemianowice Slaskie City Council · BARAKALDO (Spain) Mr. Luis RODRÍGUEZ - Technical Architect of the Urban Planning Dept. at Barakaldo City Council. · SESTO SAN GIOVANNI (Italy) Mr. Patricio ENRIQUEZ – Director of Sesto San Giovanni Urban Planning Department. 03_EXCHANGING, COMPARING AND LEARNING WITHIN THE NETWORK. A WORKING SESSION AMONG THE NET-TOPIC CITIES 04_MAIN FINDINGS AND LEARNING’S DERIVED FROM THE SEMINAR 2 DRIVING FORCES OF URBAN COHESION NeT·TOPIC PREFACE NeT-TOPIC & THE URBACT II PROGRAMME NeT-TOPIC is a Thematic Network within URBACT II, an European exchange and learning programme that enables cities to work together to build solutions to major urban challenges.
    [Show full text]