Thursday, April 17, 2008

Hopes that new construction orders would follow Silvio Berlusconi's election as prime minister

Italian real estate - Shares in the largest Italian builder, Impregilo, closed 4.6 percent higher even as the DJ Stoxx index of European construction companies fell.

Impregilo had headed a consortium to build the Sicily bridge under Berlusconi's previous government, from 2001 to 2006, but the outgoing center-left government scrapped the plan.

Among toll-road operators, Autostrada Torino Milano added 2.7 percent and Atlantia climbed 6.1 percent.

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Tuscany Real Estate

Tuscany Real Estate