Scan the QR code with your smartphone or tablet to open the multimedia content
or click the link: watch the video
WATCH MORE
MULTIMEDIA
CONTENT3
P ROJ EC TS U N D E R D E V E LO P M E N T I N M I LA N : O U R P I P E LI N E
4
THE PIPELINE SIZE
Ahead of the market and in absence of competitors, accelerated by distressed assets and NPLs, in just 7 years we have implemented the best and largest pipeline of projects in Milan, at a price way below the target for current values. Today, we are in the position to buy sites for development over a 5-year period, thus keeping the carrying amount of the sites low and being able to decide in an opportunistic way which and how many projects start
OPERATIONS UNDER DEVELOPMENT*
266,0003-4 sqm
NET SALEABLE AREA
1,16 BN €7
TOTAL REVENUES OF PIPELINE
580 €/sqm
NET SALEABLE AREA PURCHASE COST
ORDER BOOK
5861
266.6 MN €
APARTMENTS
ORDER BOOK VALUE
4592
84 MN €
PRELIMINARY AGREEMENTS
FORMALLY AGREED
SIGNED
CUSTOMER DEPOSITS
2,8911-5
APARTMENTS
21
PROJECTS
*already updated with the future disposal of the via Cadolini ex Plasmon operation (550 standard units)
Notes:
No. of apartments, considering an average surface area of 92 m2 for standard units and 82 m2 for social housing. The actual number of apartments built and for which contracts have been signed - without prejudice to the combined floor area (m2) - may vary depending on the custom size of the real estate units.
May differ from the no. of apartments depending on the actual size of the apartments sold. In the most recent transactions, AbitareIn has noted a significant and progressive increase in the average size of apartments sold.
Includes 12,800 m2 of net saleable area - equal to 140 standard apartment units - currently being assessed for development into co- living units
through the subsidiary Homizy S.p.A.
Of which 7,800 m2 of net saleable area of social housing.
Of which 96 social housing apartments.
Building works can be started in 12 months
Value update to the current average selling price
WORK PROGRESS
4281
APT. UNDER
CONSTRUCTION
197 MN €
PIPELINE MATURITY
APARTMENTS1 READY TO BE
COMMERCIALIZED6
1,259
END OF 2023
DELIVERY (OUT OF PIPELINE)
5661
DELIVERED APARTMENTS
190 MN €
5
Attachments
Original Link
Original Document
Permalink
Disclaimer
Abitare In S.p.A. published this content on 21 March 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 March 2023 06:10:05 UTC.
Abitare In SpA is an Italy-based company engaged in the business support. It offers design services, as well as consulting and management services. The Company focuses mainly in design services for residential sector in Milan, including demolition, conversion and rebuilding of new buildings. Its portfolio encompasses Abitare in Poste project and Abitare in Maggiolina project, which is in progress.
ABITARE IN S.P.A. 
