http://www.borsaitaliana.it/borsa/notizie/mf-dow-jones/italia-dettaglio.html?newsId=816894&lang=it
bad google translation
Exor: investment of 400 mln in London for Elkann (MF)
DowJones
MILAN (AFX) - John Elkann, Chairman of Exor, a billion strong liquidity 'in cash, could mark the start of the year with a great investment property in London, around one of British sport by definition : cricket.
On the other hand, reads an article by MF, 2011 should be the year in which the financial Agnelli will collect 'the fruits of seeds sown on the ground in recent months, including its subscription of 55% of the infant vehicle Almacantar real estate, in which Exor has invested 100 million €.
Almacantar, which, as revealed by MF-Milano Finanza last November was among the three candidates for the race, did not enter into exclusive negotiations with the Marylebone Cricket Club (MCC) to develop the residential part of the project to regenerate the whole area of the club, two centuries ago who first set the global rules of the typical Anglo-Saxon sport. This is an estimated total of £ 400 million including the cost of land, according to British magazine Property Week, which took over the news. Almacantar should be collected for 100 mln pounds to 3.5 acres (14,000 square meters) of land from the MCC, on the east side of the field, in St John's Wood in northwest London. Then the area should be developed in a residential area about 100 thousand square meters, which should bring the value of the entire operation to around 750 million pounds (estimated by the British magazine). red / lab
i hope they sell juve and buy some golf club
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