Beni Stabili- broadly stable 1H18 results,
Beni Stabili, one of the largest office property owners in Italy, has reported decent results, in line with our expectations. Despite the political turmoil in Italy the macro environment was supportive, especially in Milan, where 68% of Beni Stabili’s assets are located. Demand for good quality offices remains high in Milan, with prime rents up 8% yoy
Beni Stabili is a property investment and management group which is based in Italy. Co. invests primarily in office properties leased to major industrial and financial companies under long-term contracts. Co. is engaged in the design, planning and construction of real estate complex, the purchase and sale of land and buildings, the management of properties. Co. maintains management of company-owned properties which have significant development potential and offers value-added services in the areas of real estate brokerage, the management of real-estate investment funds and property and facility management. Co. also engages in property trading and supplies property services to third parties.
Spread Research is France's first Rating Agency, registered by ESMA (European Securities and Markets Authority) and a leading European Independent Credit Research firm, founded in 2004 and based in Lyon, France. Our experienced team offer key research services using a wide range of investment strategies and research methodologies for the High Yield, Emerging Markets, Convertibles and Loan Markets.
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