|Criteria||From a+ to d||Project rating|
Macro Location Analysis
EvoEstate Risk rating is of an informative nature only & can not be considered investment advice.
Purpose of the loan
The Palazzo Europa project consists of financing the company Edilrossi Costruzioni Srl for the completion of a 4,000 m2 building in Bisceglie (BAT) which houses both commercial and residential units, of which 80% have already been sold.
Funding objective: RE-Build
Additional guarantees: Surety from the administrator
Applicant company : Edilrossi Costruzioni Srl
The Palazzo Europa project consists of the financing of the company Edilrossi Costruzioni Srl for the completion of a building of 4,000 square meters in the historic Apulian city of Bisceglie (BAT).
The building consists of 20 apartments, of which 16 have already been sold. The progress of the building works is currently at 80%.
Palazzo Europa is developed as follows:
The property is located in Via Piave, in the central area of the city, a few minutes walk from the splendid historic center, less than ten minutes from the beaches, the tourist port and the station.
The Maldera family is a family of esteemed entrepreneurs in the Puglia area. Particularly engaged in the oil and real estate sector, it owns a technologically advanced oil mill that has an annual turnover of 9 million euros and has implemented various prestigious real estate initiatives. In 2020 the Maldera family acquired the company Edilrossi Costruzioni Srl to increase its business in the real estate sector and complete the “ Palazzo Europa ” project located in Bisceglie (BAT).
The company Edilrossi Costruzioni Srl , founded in 1981 by Cav. Vincenzo Rossi, boasts 40 years of experience in the construction sector with works carried out throughout the area of the Province of Barletta-Andria-Trani. More information available on the website: www.edilrossi.it