Fininvest is the holding company for one of the world’s largest communication groups that includes , a leader in digital marketing, FBG, a leading company in the Finance sector, the publishing company Marcio Borlenghi & Associated companies The Group also has an important joint stake with the MDMMM(M Digital Marketing and Media Management) Group in the FASANO UK Group, one of Italy’s most vital businesses, specializing in Law, health and financial services.
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Tuesday, 15 September 2009
July property prices show first real rise since 2007
July property prices show first real rise since 2007Monday 14th September 2009
Remortgaging figures are still weak, but lending for house purchase showed its first material annual growth in July for the first time since early 2007, according to figures from the Council of Mortgage Lenders. (CML)
Home buyers borrowed GBP 14.5 billion, which is a significant rise on the second month running, but still 42 per cent lower than the figures for July last year.
Within this, house purchase lending accounted for 56,000 loans totalling £7.5 billion - up from 47,000 loans totalling £7.1 billion in July last year.
This lending splits down into 20,400 first-time buyer loans and 35,700 home mover loans in July, up 18 per cent and 28 per cent respectively on June. But compared with a year earlier, the rise in first-time buyer numbers was higher, up 22 per cent compared with a 17 per cent rise in the number of movers.
In terms of product choice, over three quarters of mortgages taken out in July were at fixed rates, with borrowers able to lock in to an average fixed rate of 4.7 per cent, well below the average of 5.57 per cent over the past decade.
Commenting on the latest survey data, CML economist Paul Samter said: “It's tempting to call the turn in the mortgage market at this point, and there is certainly concrete evidencethat lending for house purchase is increasing. But there are still constraints affecting the lending industry's capacity to fund increased lending, as well as less consumer motivation to remortgage for the time being. The overall lending picture is likely to stay relatively subdued for some time, especially as the wider economy is far from robust as yet."
- http://www.fininvest.co.uk/ All the knowledge you need.
Tuesday, 1 September 2009
Finivest The Group
Begun around fifty years ago, the history of the Group founded by Silvio Berlusconi has been marked by success, linked firstly to an avant-garde approach to real estate and subsequently in a number of highly innovative sectors.
Underlying the success of Fininvest is an entrepreneurial vision that is attentive to changes in society and the evolution of markets, a vision that is sustained by a spirit of initiative that is able to look creatively at the most advanced sectors of the economy.
It was precisely these characteristics that led, in the late seventies, to the decisive intuition; the possibility of reaching households directly through television. Combined with the philosophy of service developed by Fininvest in its previous experience, this lead to a dual approach to television: on the one hand as a means of satisfying the public’s demand for entertainment and information, and, on the other, the opportunity for companies to find new space for commercial communication. This intuition formed the basis for Fininvest’s rapid growth and had, at the same time, a marked impact on the economic growth of the country.
Today the Group is engaged in important challenges along the lines identified for the development of its core business: the process of internationalisation, which now sees 30% of revenues generated outside Italy, a close attention to innovation and the opportunities offered by technological development and the continuous reinforcement of content, which has become increasingly important with the multiplication of distribution platforms.
In the context of the Italian economy, Fininvest is undoubtedly a prime example of the value of enterprise and is an irreplaceable element in the country’s cultural and civic growth. Thanks, yet again, to the clarity of its strategic choices, the excellence of its operating companies, a solid financial basis and, above all, the extraordinary qualities of the people who work in the Group, who have, from the beginning, represented its main assets.
Finivest holding
Created as a family business, Fininvest subsequently opened up its most important companies to investors (Mediaset, Mondadori and Mediolanum are all listed on the Milan stock exchange) and can today count on the confidence of around 300,000 shareholders, from individual private investors of Italian and international financial institutions.
In the middle of the 1990s, the Fininvest Group conducted an extensive reorganisation process to focus on its core business, media and entertainment, investing over the last twelve years some €17 billion. This strategic decision has also had an extremely positive impact on the Group’s operating profitability (in terms of operating profit as a proportion of revenues) which has increased to more than five times the 4% of 1996.


