Articles tagged with 'Pirelli RE' | Pirelli

Milan, May 28th, 2010 – At today's meeting, the Board of Directors of Pirelli & C. Real Estate examined and approved the proposal to change the company’s name which will be submitted to the next Shareholders’ Meeting. The …

PIRELLI & C. APPROVES PLAN FOR SEPARATION OF PIRELLI RE THROUGH ASSIGNMENT OF SHARES AND CONSEQUENT VOLUNTARY CAPITAL REDUCTION IN LIGHT OF PROGRESSIVE IMPROVEMENT IN RESULTS OF PIRELLI RE, WHICH CONFIRMS THE VALIDITY OF THE STRATEGY ADOPTED, …

Milan, 03 May 2010  - Pirelli & C. SpA communicates that the Board of Directors’ meeting of the company called for tomorrow, 4 May 2010, will examine, among other things, the transaction for separation of Pirelli Real Estate from the …

          • THIRD QUARTER CLOSES WITH EBIT, INCLUDING NET INCOME FROM INVESTMENTS BEFORE RESTRUCTURING COSTS AND WRITEDOWNS/ REVALUATIONS, UP ON PREVIOUS TWO QUARTERS. TARGET EBIT FOR 2009 CONFIRMED AT BETWEEN -€25 AND …

 INTESA SANPAOLO WILL INCREASE ITS HOLDING IN THE FUND MANAGER TO 10% BY THE END OF 2009, AFTER RECEIVING THE REQUIRED CLEARANCE THE PARTNERSHIP WITH INTESA SANPAOLO STRENGTHENS THE COMPANY'S ASSET MANAGEMENT GROWTH STATEGY, IN KEEPING WITH …

– At today's meeting, the Board of Directors of Pirelli & C. Real Estate examined and approved the half-year financial report at June 30th, 2009. Pirelli RE is completing the reorganization begun last year in context which continues …

Unexercised rights also placed on market Pirelli RE announces the successful close of the divisible capital increase for cash approved by the extraordinary shareholders' meeting on April 17th, 2009. In fact, at the close of the stockmarket …

• 99,361% of New Shares Subscribed. Company Capital Structure Strengthened: Based on the Latest Quarterly Results at 31.03.09 The Debt/Equity Ratio Passed From 2.8 To 0.7 • Proceeds from Capital Increase will be Used to Reduce Debt and …

CONFIRMATION OF PIRELLI RE'S RELAUNCH STRATEGY THROUGH SERVICE ACTIVITIES, SUCH AS CREDIT SERVICING, WITH A REDUCED FINANCIAL COMMITMENT Pirelli RE announces that today it has sold 20% of Pirelli & C. Real Estate Credit Servicing, its NPL …

Milano, 16 giugno 2009 -  Pirelli & C. SpA communicates that today it has proceeded to underwrite all the ordinary shares pertaining to it (equal to about 58.1% of the rights offered in option) of the capital increase of Euro 399.3 million …

THE SUBSCRIPTION PRICE FOR THE NEW SHARES HAS BEEN SET AT €0.50 PER SHARE , WHILE THE RIGHTS EXCHANGE RATIO WILL BE 135 NEW SHARES FOR EVERY 7 EXISTING SHARES THE OFFERING WILL INVOLVE A MAXIMUM OF 798,574,564 NEW SHARES Pirelli …

CONSOB APPROVES THE INFORMATION PROSPECTUS THE OFFER PERIOD: 15 JUNE THROUGH 3 JULY. THE TERMS AND CONDITIONS WILL BE DEFINED BY THE BOD TOMORROW Pirelli RE announces that today Consob (Italy's Stock Exchange Commission) authorized …

AGREEMENT TO SELL 20% OF CREDIT SERVICING ACTIVITY TO DGAD INTERNATIONAL (CALYON SA) IN THE CONTEXT OF RENEWAL OF THE JV IN NPLS FINANCIAL COMMITMENT REDUCED IN EUROPEAN NPL INVESTMENT PLATFORM remaining strategic the service activities POSITIVE …

In view of the forthcoming capital increase and in order to ensure that shareholders have complete information, Pirelli RE has requested its independent experts, as announced on April 20th, to update their valuations of the real estate portfolio …

FIRST QUARTER OPERATING RESULTS NEGATIVE ONCE AGAIN BUT IMPROVED COMPARED WITH LAST QUARTER OF 2008 TOTAL REAL ESTATE SALES: 174.8 MLN/€ (199.8 MLN IN FIRST QUARTER OF 2008) EBIT INCLUDING INCOME FROM INVESTMENTS: -14.7 MLN/€ (+22.5 …

Pirelli & C. Real Estate SGR S.p.A., the manager of the Tecla Fondo Uffici and Olinda Fondo Shops, seeded real estate investment funds listed in the Milan Stock Exchange's MTF segment, has engaged CB Richard Ellis, as an independent expert, …

2008 FINANCIAL STATEMENTS APPROVED CAPITAL INCREASE OF 400 MLN/€ APPROVED Shareholders' meetings of Pirelli & C. Real Estate were held today in ordinary and extraordinary sessions. In the ordinary session, the …

Pirelli RE & C. SpA communicates that the Board of Directors' meeting for review of the interim financial report as of 31 March 2009 will be held on Monday 20 April 2009, and not on 6 May as previously announced. PDF Version …

GIULIO MALFATTO APPOINTED MANAGING DIRECTOR WITH RESPONSIBILITY FOR THE BUSINESS CLAUDIO DE CONTO CONFIRMED AS MANAGING DIRECTOR FINANCE Pirelli RE announces that Carlo A. Puri Negri is leaving the post of the Company's Executive Vice …

REAL ESTATE ASSETS MANAGED: €15.4 BILLION (€12.6 BILLION IN 2007) RENTS TOTAL €669.2 MILLION (€535.8 MILLION IN 2007) TOTAL REAL ESTATE SALES €864.9 MILLION (€1,804.9 MILLION IN 2007) EBIT INCL. NET INCOME FROM …

PRELIMINARY CONSOLIDATED 2008 FIGURES CONSOLIDATED REVENUES IN LINE WITH 2007, POSITIVE OPERATING RESULT, THOUGH DOWN COMPARED WITH 2007 FIGURE DUE TO HIGHER RAW MATERIALS COSTS, FALLING DEMAND AND RESTRUCTURING EXPENSES; NET FINANCIAL POSITION …

RODOLFO PETROSINO AND PAOLO BOTTELLI APPOINTED GENERAL MANAGERS FOR ITALY AND GERMANY RESPECTIVELYCLAUDIO DE CONTO APPOINTED CEO, FINANCETHE BOARD OF DIRECTORS CONFIRMS THE DATE OF FEBRUARY 11ST 2009 FOR THE PRESENTATION OF THREE-YEAR PLANThe Board …

At today's meeting, the Board of Directors of Pirelli & C. Real Estate examined and approved the Interim financial report at September 30th, 2008.   PDF Version (114KB)

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At today's meeting, the Board of Directors of Pirelli & C. Real Estate examined and approved the Group's results for the six months ended June 30th, 2008. PDF Version (221KB)

The consortium comprised of the Borletti Group, the Generali Group, Pirelli RE and RREEF Alternative Investments today announced the completion of the acquisition of a 49% stake in "Highstreet", the investment company that owns the …

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Six housing estates in Berlin, including the Wohnstadt Carl Legien owned by Pirelli RE, together with joined venture partner RREEF, have been given the status of World Heritage by Unesco. PDF Version (70KB)

The Pirelli RE Group realized the first phase of a new urban development project in Poland, involving a buildable area of 720,000 sqm located about 6 km from Warsaw's old town. PDF Version (122KB)

Pirelli RE Credit Servicing (100% Pirelli RE), Italy's leading special servicing company, has been upgraded by the rating Agency Standard & Poor's from "Above Average – Positive Outlook" to "Strong", the maximum …