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By NEINVER (Real Estate)
NEINVER, a leading European outlet operator, has announced the opening of the “Kinder Joy of moving Park” at Vicolungo The Style Outlets: the outlet centre near Milan, Italy, owned by Neptune (a joint venture between NEINVER and Nuveen Real Estate).
By Amundi Asset Management
If we wanted to characterise the contraction and recovery pattern, we would probably describe it as a ‘long U-shaped’ recovery; in other words, as a gradual normalisation which will take some time before seeing a return to pre-crisis levels. In Italy, the government is estimating an 8% GDP contraction this year, followed by a 4.7% YoY rebound in 2021. In our analysis, we consider two possible reference scenarios for 2020 growth: -8.0% YoY (as per the government scenario) and -12.0% YoY.
By Hines [Real Estate - Europe]
City of Milan to gain new spaces: a large green area open to the public featuring a residential offering with a significant share of affordable rentals
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