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alternative Assets News: Spanish Real Estate Intelligence

The future Milan starts from its old train yards
08 December, Avvenire The House of Energy and Environment in Piazza Po will exhibit till 28th December 38 pictures of Milan’s seven old train yards currently under requalification following a project that will radically change the city. Photographers Marco Introini and Francesco Radino along with the curator Fabrizio Trisoglio titled the photo exhibition “Railway yards of Milan. Today, before Tomorrow”. The exhibition was organised by the Aem Foundation – A2A group- and it depicts the old rail years of Farini, Greco, Lambrate, Porta Romana, Rogoredo, Porta Genova and San Cristoforo. The seven locations cover a vacant surface of 1,250,000 Sq m altogether. They contributed to the industrial development of the city, facilitating the transport and shipping of finished goods and essential products, as well as providing to the growth of the neighbouring areas. While the black and white pictures of Introini stress the architectural aspects showing how Milan has changed, the colour photography of Radino makes the internal spaces standing out combining memory, man and nature. Thanks to the work of the two photographers, Aem Foundation has been documenting since the Eighties the changes of the city and the modernisation of its infrastructures which, focusing on the themes of community and enterprise, as well as on the relationship between services and territory starting indeed from Porta Romana where the foundation is headquartered. Aem president Alberto Martinelli says that “the old rail yards have definitely been a key element for the growth of Milan. Overcoming the urban and social dividing lines required and will require a management with a common view betting on the quality of the city and its innovation”. Urban Planning City Councillor Pierfrancesco Maran commented: “Milan can grow sustainably, through the increase of green spaces and public transportation and the offer of new public services and housing”. The exhibition has been included in Photofestival and Novecento Italiano, and it comes with a catalogue of 80 pictures with texts by the curator and the photographers along with prefaces by Maran, Martinelli and A2A president Giovanni Valotti. Source: Avvenire Translator: Cristina Ambrosi
Works have started in Farini in Milan
08 December, Avvenire Vacant spaces for one million and 250 thousand Sq m in total, often in strategic areas in the city, seven locations to requalify. This is the ambitious plan of the City of Milan, the Region of Lombardy and Ferrovie dello Stato Italiane together with Rete Ferroviaria Italiana and Ferrovie Italiane, plus the collaboration of other partners. The project started moving the first steps in the former Farini train station. The works will then proceed in the other six stations. The project focuses on eco-sustainability and energy efficiency with the goal of making all the locations car-free. Source: Avvenire Translator: Cristina Ambrosi
Roma Tre University is expanding: bought buildings and land for 18 million
05 December, La Repubblica The new student district of Roma Tre has born between Marconi and San Paolo. It will accommodate the Rectorate, the Faculty of Engineering in Viale Valco San Paolo, lecture halls and laboratories between Ostiense and Marconi. The works will be completed by 2020. It’s one of the biggest construction sites in Europe with investments for 80 million entirely financed by University’s money. Yesterday the University completed an essential step to start the works: the sales of the land belonging to the City of Rome where the new infrastructure will be built. The city administration has sold the Vasca Navale area in Via Volterra, the old Depositeria Comunale in Via Pincherle, the school “Silvio D’Amico” and other properties in Via Valco San Paolo and Via della Vasca Navale where some lecture halls are already present. The University paid 18 million, always through self-financing, as University’s general director Pasquale Basilicata stressed: “we save money to invest them. We’ve been working on this operation for 26 years”. In the mid-Nineties, Roma Tre just started between Via Segre and Via Vasca Navale, renovating old warehouses and converting them into lecture halls, accommodating hundreds of students first of Political Sciences and then of Engineering. The Law Faculty was soon added, and the moved to Viale Ostiense. Among its students, there was also current Rome Mayor Virginia Raggi, which took part at the press release yesterday: “I graduated right here in 2003”. Roma Tre is not stopping; the goal for the next three years is to is to complete the acquisition of the former slaughterhouse area in Testaccio and the Berra stadium in Viale Marconi to build a sports centre for its students. Ideally, the University won’t have to buy the land since investing in education is in the public interest. In other cities, the areas like these are free. Basilicata explains: “We hope that the solution won’t be buying the properties, we would rather work together to find out the best way to transfer assets between public institutions”. The University has no money left to complete the other projects. The Rector Pietromarchi commented: “Our role in the improvement of the properties and services in the last 26 years hasn’t been acknowledged, but we’re fine with that. The University has consolidated and will launch the requalification process”. Before Roma Tre, the Valco San Paolo area was in a state of degradation where prostitution and drugs were common. The City of Rome has earned 18 million euro from its sale. City Councillor for Public Assets Rosalba Castiglione says: “we’ll re-invest the funds in the city”. Mayor Raggi says: “we’ll use the money for the maintenance of parks and to buy new buses. Each of them costs 250 thousand euro”. Source: La Repubblica Translator: Cristina Ambrosi