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Ardian and Rockfield have announced the first investment of their pan-European strategy dedicated to Purpose-Built Student Accommodation (PBSA)
enabled by an initial commitment from CBRE Investment Management’s Indirect Strategies (CBRE IM) and with dry powder of about €800 mln
The investment involves a newly constructed standalone building
developed and sold by Italian developer CDS Holding SPA
completed in October 2023 and located in the Novoli district of Florence
just minutes from the Social Sciences campus of the University of Florence
The next-generation purpose-built student accommodation facility offers 404 beds and features common areas
and a cinema room.The asset has already shown excellent performance
This first investment marks the beginning of Ardian and Rockfield's new strategy to create a high-quality student housing portfolio in Europe
This strategy addresses the increasing demand in key markets characterized by limited supply.The pan-european strategy has Italy as one of its key markets on which focusing the investment activity
thanks to the strong structural deficit of student housing accommodations among the country
underscores Ardian and Rockfield's commitment to investing in assets that meet high standards of sustainability and environmental responsibility. 'This new Pan-European strategy on PBSA will focus on Italy and Spain
which are among the most interesting markets with a growing demand for student housing but the lowest provision rate in Europe
This platform will further strengthen our presence in these countries
which remain key targets for Ardian Real Estate’s growth in Europe,' said Rodolfo Petrosino
head of real estate Southern Europe at Ardian.'The acquisition of a fully let asset in a highly sought-after and under-supplied market like Florence presented the perfect opportunity for us to start building our PBSA platform across Italy and Europe,' commented Juan Acosta
'The acquisition reflects our strong conviction in the PBSA market in Italy and our confidence in the long-term demand fundamentals for Florence
which continues to be characterized by a restricted development pipeline
This will not be the last investment in Italy and we are planning to be a leading reference when it comes to high quality student accommodation in that market.' Savills acted as commercial advisor.
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Andrea Godi grew up in the family business
where he was introduced to the art of pizza
After training at the hotel-management school and gaining work experience
in 2013 he attended a course of the Verace Pizza Napoletana Association
His dedication and studies regarding doughs and the use of local raw materials
his growing popularity prompted him to move the pizzeria to a larger space with a garden and two ovens
he adds gourmet pizzas to the menu in addition to the classic ones
an experimental bakery and pastry laboratory
the chef has bought a masseria with the aim of creating a farm where he can produce his own zero km ingredients.
Thanks to his entrepreneurial vision and passion for quality
he has distinguished himself on the international scene of the sector
achieving 28th place in the 50 Top Pizza Italia 2024 and 64th place in the 50 Top Pizza World ranking.
Do you want to discover the latest news and recipes of the most renowned chefs and restaurants in the world
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Get a glimpse at what’s new in Arhaus’ fall 2023 collection
BOSTON HEIGHTS, Ohio — Top 100 retailer Arhaus‘ Fall 2023 collection features an array of new performance upholsteries
It launched in conjunction with its annual style issue
Several of the collection’s introductions include stain-resistant Crypton Home Performance Velvet
“Arhaus‘ annual style issue is a celebration of what drew me and my father to the world of furniture more than 35 years ago, and the magic of handcrafted design that continues to inspire our company,” said John Reed
and expressive color palettes and silhouettes are what shape a home’s warmth and personality
Within the pages of ‘Embracing Home’ is the story of our never-ending pursuit of these discoveries that we invite you to share.”
Seating introductions handcrafted in North Carolina include the Keegan and Novoli sectionals
The Kipton sofa makes a refreshed debut with wide track arms in a rich nubuck leather
while the Beale Sectional is reimagined in a new curved design for a relaxed aesthetic
The Polanco collection has now expanded into the bedroom and office
with its mosaic-like surfaces crafted from salvaged fragments of Mexican ash trees and sustainably grown European ash burl applied across a shelter-style bed
Additional expansions are presented within the Finnley collection with the introduction of a rich honey wood finish and new offerings including an upholstered bed
Organic materials are featured in the Cormac dining table which celebrates natural walnut and angular lines in unexpected ways
while the oval silhouette of the handcrafted and antique-inspired Tuscany dining table features an 86-inch extension that allows for even more room to gather
modern lighting debuts include Mandoza and Wescott
while Amaya and Arnett present contemporary takes on a classic candelabra silhouette
Charcoal Moon and Sahara showcase eye-catching abstract art
In step with the debut of its Fall 2023 Collection, Arhaus also introduced Rooted: A Story Uncommon
a new editorial series sharing the stories and traditions behind Arhaus’ artisan partners and their handcrafted furniture from all corners of the globe
“Rooted” is a tribute to the artistry of Arhaus’ partners in Mexico City
“Storied represents the chronicles of remarkable craftsmanship and its many hands of tradition
tales too beautiful not to be shared,” said Reed
“‘Rooted’ is the first of many journeys we’re thrilled to take our audience on
one that’s filled with stories of sustaining the old while embracing the new
and finding the beauty in imperfection and honor.”
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CDS Holdings has sold Student Residence Novoli
a PBSA scheme currently under construction in Florence to AXA IM Alts
Project developer – CDS Holding – with the support of CDS Living has sold to AXA IM Alts
the under-construction 400-unit Student Residence in the Novoli district of Florence
CDS Costruzioni SpA has already started construction work
The Residence is set to open for the winter semester 2023
The UK-based student housing specialist – CRM Students – has been appointed as property manager
The Student Residence Novoli site has a prominent location adjacent to the new university campus Novoli – a vibrant urban environment with daily amenity needs and a large public park of 10 hectares
The nearby tram takes students to centro storico in 10 minutes
The six floor Student Residence will deliver a mix of fully equipped modern-style single studios
State-of-the-art amenities including reception
There will also be a fully landscaped courtyard garden with outdoor seating and a spacious rooftop terrace
Florence is a key Italian hub for higher education with an ever-growing domestic and international student population of c
seeking outstanding education and good quality student living
Florence is also facing a dramatic undersupply of purpose-built student accommodation (PBSA) – with only four beds available for 100 students
The current stock is mainly in worn condition
doesn’t meet the requirements of today’s students
and is predominantly only accessible for students with low family incomes or scholarships
like other Italian university cities offers very strong market fundamentals in the PBSA sector with high occupancy rates and attractive rents
The new Student Residence Novoli with its prominent location and high amenities provision will match the severe demand of young people to live
work and play in a modern and international environment
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The Italian city has recently become a model smart city by implementing a broad plan ranging from urban development to mobility and new tourism management
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tips and exclusive itineraries in Florence
STAZIONE LEOPOLDA AND MAGGIO MUSICALE FIORENTINO THEATERT1 - Porta al Prato Leopolda
If you are sensible to the charm of the industrial and steampunk aesthetic
this place will touch your heart.Established in the late 1800s
the Leopolda train station was used for only about ten years and today it houses major Pitti Immagine events
such as Fragranze (in September) and Testo (in February)
the former devoted to the art of perfume-making and the latter to publishing
The large square opposite the train station was redesigned by the great architect Gae Aulenti
Just a stone’s throw from it is the Maggio Musicale Fiorentino Theater
one of Europe’s most important opera and symphonic foundations
HALL OF JUSTICET2 - Novoli-Regione Toscana
A gigantic building designed by architect Leonardo Ricci
very popular with the students of the nearby university
A veritable masterwork of Florentine military architecture built between 1534 and 1535 by Alessandro de’ Medici
Today it houses the two Pitti Uomo biannual events (in January and June) and other major events
Along the Fortezza’s eastern side is a lovely park which
fills up with stalls for a lively antiques market
RUSSIAN ORTHODOX NATIVITY CHURCH T1 - Strozzi-Fallaci
It is the first religious building on the Italian territory
built between the 19th and 20th centuries at the behest of the daughter of Tsar Nicola I
Street art has become increasingly part of Florence’s urban landscape
Among the most beautiful works is the large mural in Piazza Leopoldo painted by Jorit Agoch on the occasion of the 100th anniversary of the birth of the famous South-African leader
A beautiful 19th-century garden with a lovely Renaissance loggia and spectacular Art-Nouveau style tepidarium designed around 1880
The garden’s highest and most panoramic spot houses the Garden of Parnassus
You get a unique view of Brunelleschi’s dome from here
One of the halls houses a parade of Italian
not to mention the extraordinary collection of Japanese weapons and suits of armour
We get a glimpse of Florence’s contemporary architecture by moving to the opposite side of the city to see the multipurpose center designed by the famous Florentine architect Richard Rogers
A historic aristocratic mansion called “castle” because of its imposing look with embattled walls
CHURCH OF SAN GIUSTO A SIGNANOT1 - Nenni-Torregalli
A small church dating back to the year 1000
which guards over a gem: an altar-piece depicting the Madonna with Child among Saints Peter and Paul and Angels attributed to Bernardo Daddi
Special itineraries signed Tram-e-d'Arte to experience even the lesser-known face of the city
CDS Holding’s obtains a building permit for the construction of Student Residence Novoli
Project Developer – CDS Holding – with the support of CDS Living has obtained a building permit for Student Residence Novoli – a new 400-unit purpose-built student accommodation (PBSA) scheme in the Novoli district of Florence
The land plot was bought from Immobiliare Novoli on 30 July 2021
Construction will start at the beginning of September 2021 and the opening expected in September 2023
The site has a prominent location adjacent to the new university campus Novoli
a vibrant urban environment which offers a large
The six floor Student Residence Novoli will provide a mix of fully equipped
There will also be a wide range of state-of-the-art amenities – including a reception
a fully landscaped courtyard garden with outdoor seating
and an outdoor pool on the spacious rooftop terrace
Florence is a key Italian hub for higher education with an ever-growing domestic and international student population of c.62,000 students – of which c.23,400 are mobile
Florence is also facing a dramatic undersupply of purpose-built student accommodation with only four beds available for every 100 students
Current stock is mainly in worn condition and doesn’t meet the requirements of today’s students and is predominantly only accessible for students with low family income or scholarships
like all other Italian university cities offers very strong market fundamentals in the PBSA sector – with high occupancy rates and attractive rents
The new Student Residence Novoli with its prominent location and high amenities provision will match the severe demand of young people looking to live
CDS Living was founded in 2018 (under the name Co-Living Italy) by Jerry Boschi and Burkhard Hoffmann and renamed after CDS Holding became an additional shareholder in 2020
The company focuses on sourcing and developing Student Residences in Italy
and CDS Living is well on its way to becoming one of the most recognised Italian Student Housing Developers
More Residences are in an advanced development phase and will be realised in the near future
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Oil refining complex of PJSC ANK Bashneft (Bashneft-Novoil
The day when large oil refining in Bashkiria was commissioned fell on June 20 1938
the first tons of gasoline were produced at the ADU unit of the Ufimsky cracking plant
Novo-Ufimsky (Novoil) and Chernikovsky refineries (Ufaneftekhim) were built
and a powerful oil refinery complex was established in Ufa
all the three refineries are production sites of Bashneft's Unified Refinery
The total processing capacity of a deeply integrated complex managed from a single center is up to 23.5 million tons of raw materials a year: Bashneft-Ufaneftekhim - 9.5 million tons per year
Bashneft-Novoil - 7.4 million t per year, Bashneft-UNPZ - 6
Oil is supplied to the refinery by pipeline and rail transport
The united refinery provides processing of crude oil produced in the Republic of Bashkortostan
The Unified Oil Refinery's production site includes the following processes:
The Novoil production site includes the following processes:
The Ufaneftekhim production site includes the following processes:
transalkylation and disproportionation of aromatic hydrocarbons
hydrotreatment of catalytic cracking gasoline
With the entry of Bashneft into the 4th quarter of 2016
Rosneft began a fundamentally new stage in the development of the Ufa Refinery Group
The integration of Bashneft's enterprises into Rosneft's production processes has increased production efficiency by an order of magnitude thanks to the mutual supply of components between the refineries
the main investment volume was directed to maintaining existing capacities and bringing to the requirements of norms and rules
as well as continuing the implementation of an integrated program for the development of the enterprise
Bashneft-Novoil organized the release of motor gasoline with improved environmental and operational properties of AI-95-K5 Euro-6 according to STO 44905015-006-2017 to provide consumers of the Republic of Bashkortostan and motor gasoline AI-100-K5 according to STO 44905015-005-2017
The main performance indicators of the United Refinery
The idea of the University of Florence giving itself a corporate identity dates back to 2012
The project was entrusted to the Communication Laboratory of the new Department of Architecture
was “to build and define the identity of the institution
affirm its credibility and reputation in the eyes of public opinion”
The first step was the restyling of the logo
originally a full-length figure enclosed in a double circle containing the words Florentina Studiorum Universitas
to better show his attributes of authority and wisdom: the gaze
Outdoor signage (design didacommunicationlab)
Aluminium composite sheet cube signals the entrance to the buildings and the functions present inside
a large window sticker marks the entrance to the library
The wayfinding project aimed to demonstrate that the different departments all belong to the University
an institution strongly intertwined with the city
The goal was tackled by making all the University’s different buildings (which are scattered throughout the historic city centre and across the most peripheral offshoots of Florence) recognisable using a coherent and unitary visual and communicative language; and giving the schools the names of the places handed down by toponymy
out of respect for the history of Florence (Santa Teresa
Expanded polypropylene cubes show the functions on the floors
The result is an abacus of signage elements that vary depending on the different spatial characteristics of the buildings and created on the basis of a tender
keeping the University from having to adopt elements from a catalogue
A visual identity project that will continue to be worked on by new graduates and doctoral students in design and architecture
in order to respond coherently to new problems
Suspended aluminium composite plate cubes illustrate the arrangement of the collections inside the reading room
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The use of drones in urban centres is still prohibited in Italy
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By IPE staff2024-11-06T12:25:00
The €800m PBSA platform buys 404-bed building in Italy
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the huge Christmas trees will return soon and as the other great Christmas events are coming back in Florence
let’s talk about one of the main holiday activities: the Christmas markets
Here are the best Christmas markets in Florence to find your Christmas gifts or just take a walk with a glass of mulled wine or a steaming hot chocolate
Until 22 DecemberPiazza Santa CroceEveryday 10am-11pm
the traditional Mercatino di Natale returns to Santa Croce square
The Weihnachtsmarkt tradition originally came from Germany and has been a part of the city’s Christmas celebration for the past 500 years
and aromas that welcomes everyone and celebrates the culture and products of northern Italy and northern Europe
Wooden cottages serve as stands that offer a great variety of delicacies
You can find nice cups and plates to decorate
and precious stones that can make the perfect gift
Local artisan shops with aromatic soap and perfumes
art Christmas decors from Belarus and even a Guinness stand for all the Irish brewery fans
the hard thing will be to choose between all the delicious sweet and salty options
You’ll find Bavarian specialties like salsiccia
mais dolce, and stinco di maiale, German chocolate Sacher cake
mini crêpes and Dutch waffles for those who would love to be strolling around the Amsterdam canals, bigos, pierogi
and gulaz just like if you were in Poland
delicious Kurtoskalacs from Hungary
all sorts of cookies from Bretagne in France
Don’t forget to get nice hot chocolate or Vin brulé for the cold too
Tables and tents are spread all around for everyone to eat and enjoy with their lovers
Santa’s house offers activities and meetings with Babbo Natale.
Until 7 JanuaryCentro Commerciale San Donato
In the Novoli area in the northwest part of Florence
the San Donato shopping mall is hosting its traditional Christmas market from November 19 to January 7
More than 40 wooden houses are expecting visitors in the open square of the shopping center
This Christmas market is the perfect place to find original gift ideas while tasting typical Christmas food
30 November-1 December10am-7pmPiazza Ognissanti
This winter the International Ceramic Fair arrives at Piazza Ognissanti for the second time in the Special Edition Christmas
Following the undeniable success of last year’s market
an exhibition dedicated to artisan ceramics featuring 40 artists showcasing their unique craftsmanship pieces can be found in Ognissanti square
30 November-1 DecemberPalazzo degli Affari
ATT Christmas Market is held by the Associazione Tumori Toscana and offers a variety of designer clothes and artisanal goods
all of the proceeds go directly to cancer patients in need that are looking to be treated free of charge in the comfort of their own homes
10am-6pm (7-8 Dec)Tepidarium (via Bolognese 17A)
the American International League of Florence is organizing the AILO Christmas bazaar with all kinds of vintage clothes
and more for you to find the perfect gifts for your loved ones
7-22 December10am-8pmPiazza Santa Maria Novella
𝐀𝐫𝐬 𝐌𝐚𝐧𝐮𝐚𝐥𝐢𝐬 returns with its small village in Alto Adige style
Sixteen beautifully decorated wooden houses
offering the opportunity to find an unforgettable gift
Emerging creativity takes center stage at Florence’s Manifattura Tabacchi
which for two weekends will host MANI-Factory
a Christmas market organized by the Heyart Association
dedicated to promoting new Italian craftsmanship
Save the dates: December 7-8 and December 21-22
there will be free workshops and hands-on activities led by the exhibitors themselves
Although held every third Saturday and Sunday throughout the year
at Christmas time this vintage market proves to be particularly full of all sorts of unique pieces of furniture
The idea behind the fair is to offer visitors the chance to buy Christmas gifts that are natural
Not only are the products made with quality materials
respecting the environment and traditional craftsmanship
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Romeing Firenze is an online event and lifestyle magazine devoted to Florence and written entirely in English
It’s a website dedicated to tourists and expats visiting or living in Florence
We publish feature articles written by locals with secret insight for your vacation or for those considering moving to live in Italy
From the best restaurants to dine in to the up-and-coming bars
from the most charming places to explore in Tuscany to the best day spas to relax
we’ve got your covered with our guides on discovering Florence
We also offer great tours to explore Florence and Tuscany to the fullest
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Kevin Pilley traces the history of Italian rosé wines which
Five Roses is a famous Italian wine that should be more famous
It was Italy’s first ever rosé and the first Italian wine to be bottled in Italy and sold in the US
It was first sold to US troops fighting in Puglia
Vines were planted in Salice as well as Guargnano
Novoli and San Pancrazio in the late 17th century by a certain Duke Oronzo
Piero and Lisetta Leone de Castris’s wine was tasted by US General Charles Poletti
The name ‘Five Roses’ derives from a contrada
so-called because for several generations each de Castris had five children
white and rosé DOC wines (Salice Salentino
It has a hotel and restaurant (Villa Donna Lisa) as well as a wine bar
dedicated to the legendary first rosé wine to be bottled in Italy and made from 90 per cent Negroamaro and 10 per cent Malvasia Nera
More and more are joining the Rosautoctono movement and standing up for Italian rosato
Italian rosé wines are just not ‘one night wines’
Over 30 per cent of all wine drunk in France by the French is rosé
Although the country has a long tradition of pale or low-pigmented wines
most of the 2.5 million bottles it makes on home soils are exported
Only 10 per cent of wine drunk in Italy is rosé
The Rosautoctono movement was established by Italian rosato makers to promote and preserve wines which do not undergo complete fermentation in grape skin
They judge by looks and seem to think rosé a little too pretty to drink
snobs see it as an afterthought… spillage in a bottle
not as a worthy food complement or a quality fine wine in its own right
Italian rosato is made as other rosé wines but with Italian grapes like Montepulciano
The Lake Garda region has been making Chiaretto since the 16th century
from Provence came the ‘vinification by tears’ method
just with the juice from the press collected after only one night of maceration
The Italians are very keen on skin contact; six to 16 hours at a time
The Chiaretto wines of Lake Garda come from either side of the border between Veneto and Lombardy
Good producers include Matilde Poggi’s Le Fraghe
In the Riviera del Garda Classico DOC on the Lombardy side of the lake
the Italian rosé wines are more floral and rosé-coloured
The DOC requires 30 per cent of the ancient variety
the biggest producer of Italian pink wines is Abruzzo which boasts two separate DOCs
Montepulciano d’Abruzzo and Cerasuolo d’Abruzzo
Cerasuolo (‘pale cherry red’) uses the native Montepulciano grape
The best producer is Valentini but look out also for Emidio Pepe
The coral-coloured Castel del Monte Bombino Nero is another fine rosé
as is Librandi from Calabria with its Ciro rosato made from Gaglioppo
Aromatised by wild coast herbs (macchia mediterranea)
Ciro is one of the oldest wines in the world
the wine awarded to the ancient Greek Olympic champions
former ‘flying winemaker’ and graduate of the University of California at Davis
Mark Shannon runs the A Mano (by hand) vineyard in Noci
we use 100 per cent Primitivo grapes from the Ginosa
The contact time with the skins is measured in seconds
“The clean juice goes through a slow fermentation at low temperatures of 7ºC to retain the delicate perfumes
And you come out with exotic tropical fruit aromas and a hint of crystallised ginger followed by lush citrus
The Primitivo grape contributes a blackberry character.”
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