Monday 06 February 2012
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Eurocommercial Properties :: italy i portali

I Portali was acquired in December 2009 and is located to the east of the city centre of Modena in the industrial and exporting heartland of Emilia Romagna, perhaps most famous for its automotive sector (Ferrari, Maserati, Lamborghini and Ducati all have headquarters in the region), the food sector and ceramic industry.

Following an architectural bidding process, designers have been appointed to prepare a refurbishment plan for the gallery. The mall, piazzas and lighting will be a main part of the project.

 

Visit the I Portali website at www.iportali.com 

 

2009/2010 Overview and Performance 

Total Lettable Area
24,810m²
Passing Rent
(€ million)
2.66
Retail/Gallery
7,940m²
Hyper (Ipercoop)
16,989m²
Visitors 2010/2011
3.75m
ECP Ownership
7,940m²
Major Tenants
Oviesse, Bata, Cisalfa
Rental Growth
2.53%
Value (€ million)
44.90