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All Market News: Spanish Real Estate Intelligence

Il Sole 24 Ore to launch the online magazine Real Estate24 to focus on real estate
19 November, Il Sole 24 Ore Il Sole 24 Ore will launch on 25 November the online magazine Real Estate24 to focus on real estate. It’s not by chance that real estate investments in Italy amount to 129 billion euro, 80% of which are made in the residential segment, representing 18% of the domestic GDP. Moreover, according to the Revenue Agency, residential transactions reached nearly 600 thousand units in 2018, the highest result since 2010. But the real estate sector also includes commercial assets such as offices, shops, hotels, logistics and industrial plants, as well as student housing and assisted living facilities. Source: Il Sole 24 Ore Translator: Cristina Ambrosi
 
Milan: a fourth building in CityLife
15 November, Il Sole 24 Ore The architecture studio Big won the competition to design the fourth building in CityLife, Milan. The project implies the construction of two buildings connected by a colonnade. The new building will cover a surface of 53,000 Sq m, and it will be over 200 metres high. While the complex will be entirely occupied by offices, the smaller building might become a hotel. Works will start at the end of 2020 and will be finished by June 2023. Source: Il Sole 24 Ore Translator: Cristina Ambrosi