Beni Stabili SIIQ completes redevelopment of former Excelsior
Transcript
Beni Stabili SIIQ completes redevelopment of former Excelsior
Beni Stabili SIIQ completes redevelopment of former Excelsior – Mignon cinema complex Two retail units delivered to Coin group after 18 months of work on Jean Nouvel’s project 6 September 2011 Beni Stabili SIIQ, the leading Italian property company with total real estate assets of over €4.3bn, has completed redevelopment of the former Excelsior – Mignon cinema complex after 18 months of work. As a result, two retail units, together making up a new global shopping destination, have been delivered to the Coin group on time and on budget. The new building, at the heart of Milan’s government district and the city’s cultural attractions, has been created from two former cinemas and offers two innovatively designed retail areas, whilst preserving the original features of the previous structure. The two newly built units introduce a new concept of high street retail, enriching the retail offering of the pedestrianised shopping area between Corso Vittorio Emanuele and Piazza Beccaria and putting it on a par with the world’s best-known shopping streets. The renovation work carried out by Beni Stabili SIIQ involved: - approximately 10,000 hours of design work around 185,000 hours of construction work on site 8,000 cubic metres of demolitions and material disposed of 1,650 cubic metres of new concrete castings and the average daily presence of 60 workers on site. The project was carried out by Beni Stabili Development, an operating unit of the Beni Stabili Group set up in 2007 with the aim of redeveloping the Group’s properties and creating new-generation buildings. Beni Stabili SIIQ has invested approximately €20m in the project. Project summary 2 Retail surface area Architectural design Interior design Project manager Start of work Completion of work Store opening (2 distinct retail areas totalling 1,191 m and 3,306 2 m) plus two bars and restaurants Ateliers Jean Nouvel and Monica Armani Vincenzo De Cotiis, Storage Angelo Ferraresi January 2010 July 2011 September 2011 Founded in 1904, Beni Stabili SIIQ is a property company listed on the Milan Stock Exchange (BNS.MI) since 1999. We invest in office properties located in major cities in northern and central Italy. Since July 2007 Beni Stabili SIIQ has been part of the French group, Foncière des Régions, one of Europe’s leading property companies. From January 2011 Beni Stabili SIIQ has adopted the SIIQ regime ( the Italian version of the REIT). The Company reported a profit of €79m for 2010, whilst the value of the total property assets managed by Beni Stabili SIIQ was €4.3bn at 31 December 2010. Through Beni Stabili Gestioni SGR, the Company manages a total of 11 real estate funds with total assets under management of approximately €1.67bn at the end of 2010. Here attached the list of the brands: GROUND FLOOR BEAUTY AR457 AVEDA BALENCIAGA FRAGRANCE BAYREDO PERFUMES BECCA COSMETICS BLUMARINE PARFUMS BONHEUR POUR LA MAISON BOTTEGA VENETA BRONNLEY ESTABLISHED 1884 BURBERRY FRAGRANCE BVLGARI PARFUMS CALÉ FRAGRANZE D’AUTORE CALINESSE CALVIN KLEIN PARFUMS CARITA PARIS CAROLINA HERRERA CARTIER PARFUMS CHANEL CHLOE’ FRAGRANCE CLARINS CLINIQUE COLLISTAR COMME DES GARÇONS COMPAGNIE DE PROVENCE COMPTOIR SUD PACIFIQUE COOLA CoSTUME NATIONAL CREED DIEGO DALLA PALMA MILANO DIOR PARFUMS DOLCE & GABBANA FRAGRANCES DOLCE & GABBANA MAKE UP DSQUARED2 PERFUMES DURANCE E.COUDRAY PARIS EAU D’ITALIE ELIE SAAB PARFUMS EMILIO PUCCI PERFUME ESTÉE LAUDER ETAT LIBRE D’ORANGE ETRO FENDI FERRAGAMO GIORGIO ARMANI COSMETICS GIORGIO ARMANI PARFUMS GIVENCHY FRAGRANCE AND COSMETICS GUCCI FRAGRANCES GUERLAIN HELIOS HERMÈS PARIS HISTOIRE DE PARFUMS HONORE DES PRES HUITIÈME ART HUMIECKI & GRAEF ISSEY MIYAKE PARFUMS JEAN PAUL GAULTIER PARFUMS JULIETT HAS A GUN PARFUMS KAMA AYURVEDA KENZO PARFUMS L.T. PIVER PARIS LABORATORIO OLFATTIVO LES PARFUMS DE ROSINE LINARI MARC JACOBS FRAGRANCE MASAKI MATSUSHIMA MILLER ET BERTAUX MUHLE NARCISO RODRIGUEZ PARFUMS NASOMATTO NOBILE 1942 NOUGAT BODY TO HOME OLFATTORIO - BAR A PARFUMS PACO RABANNE PATRIZIA PEPE PHILIP B EST.1991 PRADA RANCÉ REN CLEAN BIO ACTIVE SKINCARE ROBERT PIGUET PARIS-FRANCE SERGE LUTENS SHISEIDO T. LECLERC PARIS 1881 THIERRY MUGLER THE VULFIX-OLD ORIGINAL SHAVING BRUSH THE DIFFERENT COMPANY TOM FORD TRUSSARDI PARFUMS VALENTINO VERSACE FRAGRANCE YVES SAINT LAURENT GROUND FLOOR TIFFANY & CO. VALEXTRA LADURÉE NUMERO 9 PUNTO OTTICO CULTI DE BONDT LE CAVEAU 1° FLOOR AMERICAN DESIGNERS HELMUT LANG RAG & BONE VINCE HAUTE HIPPIE GRYPHON ALICE + OLIVIA THEORY ACCESSORIES SKITSCH GLOBE-TROTTER BORSALINO ANTA ANTIPAST MARIO PORTOLANO SWATCH FABBRICA PELLETTERIE MILANO LUCA RODA ZAFFERANO LO SCARABEO D’ORO ANTONIA UOMO CLOTHING 2° FLOOR MAISON MARTIN MARGIELA MARNI DRIES VAN NOTEN BALMAIN NEIL BARRETT COSTUME NATIONAL MARC JACOBS BAND OF OUTSIDERS GOLDEN GOOSE RRL RALPH LAUREN VISVIM HAVERSACK NIGEL CABOURN NANAMÍCA LAVENHAM MACKINTOSH GIORGIO BRATO ACNE OUR LEGACY ENGINEERED GARMENTS BURKMAN BROS B.D. BAGGIES STEVEN ALAN VINTAGE 55 LIMITED EDITION YMC HAMPTON NY SHETLAND WOOLLEN CO. ANDREA POMPILIO EDUN CLOSED DEPARTMENT 5 JAMES PERSE MSGM NOVEMB3R ONE·T·SHIRT PAGANO FOLK CARHARTT HERITAGE L’ESKIMO DUVETICA K-WAY PIOMBO Z ZEGNA FINAMORE 1925 SALVATORE PICCOLO REDS SUNDEK ORLEBAR EDWIN LIMITED EDWIN CURRENT ELLIOTT GILDED AGE PRPS LEVI’S VINTAGE LEVI’S MADE&CRAFTED LEE WRANGLER BLUE BELL TAILORED LAUNDRIES KURO RALPH LAUREN DENIM CHEAP MONDAY ACCESSORIES MAN 2° FLOOR SHOES MAN 2° FLOOR DESTIN SURL L.G.R MOSCOT SUPER HAPPY SOCKS INCASE PORTER NIXON ZAGLIANI VALEXTRA PENDLETON ESCENTRIC MOLECULES ALDEN TRICKER’S CHURCH’S PIERRE HARDY CASBIA NIKE LIMITED DIADORA PREVENTI RED WING SHOES SEBAGO YUKETEN VOLTA PANTOFOLA D’ORO BEPOSITIVE VANS ADIDAS BY DAVID BECKHAM ANTONIA DONNA CLOTHING 3° FLOOR MAISON MARTIN MARGIELA DRIES VAN NOTEN GIVENCHY BALMAIN HAIDER ACKERMANN PROENZA SCHOULER VALENTINO CHLOE’ CACHAREL VINCENZO DE COTIIS ALTUZARRA ISABEL MARANT ETOILE ISABEL MARANT JOSEPH THEYSKENS’ THEORY VANESSABRUNO ATHÉ VANESSA BRUNO ALESSANDRO DELL’ACQUA N 21 SONIA RYKIEL 3.1 PHILLIP LIM COUTURE DU CUIR LES CHIFFONIERS DELPHINE MURAT TRUE-ROYAL ADIDAS by STELLA McCARTNEY INÈS&MARÉCHAL GREG LAUREN HOLLY FULTON ENZA COSTA ROUGE MAISON MICHEL ORIETT DOMENECH EARNEST SEWN ASPESI DUVETICA JAMES PERSE FALIERO SARTI J BRAND PSPS CURRENT ELLIOTT GILDED AGE JOE’S JEANS LEVI’S MADE & CRAFTED NOVEMB3R EQUIPMENT AURÉLIE BIDERMANN CHAN LUU DONNA SHOES 4° FLOOR DONNA ACCESSORIES 4° FLOOR MANOLO BLAHNIK CHRISTIAN LOUBOUTIN PIERRE HARDY JIMMY CHOO SERGIO ROSSI GIUSEPPE ZANOTTI MARC BY MARC JACOBS TABITHA SIMMONS SONIA RYKIEL CHURCH’S REPETTO HTC ISABEL MARANT GIVENCHY PROENZA SCHOULER ZAGLIANI LOEWE CHLOE’ MAISON MARTIN MARGIELA MARNI BALMAIN VALENTINO GARAVANI PACO RABANNE ALMALA COUTURE DU CUIR For further information contact: Beni Stabili Siiq PMS Media Relations Barbara Pivetta +39.02.3666.4630 [email protected] Giancarlo Fre +39.329.4205000 [email protected]