Investor @The Center Group

DISCOVER THE DIFFERENT ENTITIES OF THE INVESTOR @THE CENTER GROUP

Brand Atena

Software Company since 1986, Assintel founding partner, holds a portfolio of leading innovative solutions such as: Finance Atena®, ERP and Software for Financial Investigations, for the Registry of Reports (Agenzia delle Entrate) and for Anti-Money Laundering (BankItalia).

Brand Finance Atena

The first FinTech platform in Europe, based on AI, for Predictive, Economic-Financial Consulting for any type of Investment and Business Model, to ensure maximum Reliability, Opportunity and Profitability for the Public and Private sector.

Brand WeInvest

An Investment and Consultancy company whose mission is summarised in "Get Value to your Asset”. It ensures maximum profitability, through a Systemic Approach, in Real Estate and Corporate, with Finance Atena® and the Network Club Deal WeInvest.

Brand Emotions for Business

Company that has defined a new way of Business Communication based on: Marketing, for defining Strategy, Neuro Linguistic Programming, for effective content structuring, and the Art of Cinema to convey the emotional power that only it is capable of.

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Club Deal

Infrastructure

SECTORIAL THEMATIC CLUB DEAL

  • 4 piani fuori terra, con una superficie totale di circa 2.000 mq
  • 4 piani fuori terra, con una superficie totale di circa 2.000 mq
  • 4 piani fuori terra, con una superficie totale di circa 2.000 mq
  • 4 piani fuori terra, con una superficie totale di circa 2.000 mq

The Infrastructure Sector

The Infrastructure sector encompasses diverse capital assets that, although not directly involved in the production process, provide essential services for the functioning of the economic system. These assets are also necessary for urban settlements as they compose, connect, and mediate relationships between various components of the infrastructure.

When referring to the Infrastructure sector, a distinction can be made between network infrastructure and core infrastructure. Network infrastructure (such as roads, railways, communication networks, etc.) exhibits a higher degree of immobility, indivisibility, and versatility compared to core infrastructure, which includes facilities like schools, hospitals, museums, etc. Additionally, Infrastructure can be broadly classified into three main areas of interest: economic infrastructure, social infrastructure, and territorial infrastructure.

According to the annual survey conducted by EY in 2022, which interviewed executives from big companies, financial institutions, and private equity firms operating in the sector, the Infrastructure sector in Italy is experiencing significant investment growth, with a projected increase of 15%. In light of this, WeInvest has dedicated a specific Sectorial Thematic Club Deal to the Infrastructure sector to provide its network with all the potential business and investment opportunities in the field.

Sector Charateristics

Business Model

The traditional classification system for Infrastructure includes 3 main areas of interest:

  • Economic Infrastructure: This area encompasses networks for the transportation of goods and people, as well as networks for energy, water, and gas transportation;
  • Social Infrastructure: It consists of four sub-areas: healthcare, education, culture, and the environment;
  • Territorial Structures: This includes resources related to commerce, tourism, and monetary intermediation.
     

Within each of these macro areas, companies operate and differentiate themselves based on their specific business models and the context in which they operate. Here are some of the main contexts:

  • Transportation Networks (Road, Rail, Maritime, Airport)
  • Energy Networks (Electricity, Gas, and Water distribution and consumption)
  • Healthcare Infrastructure (District Health Care, Hospitals, Social Care)
  • Education Infrastructure (Nurseries, Primary Schools, Secondary Schools, Universities)
  • Cultural Infrastructure (Companies operating in fields such as Cultural Heritage, Theatre, Music, Cinema, Sports, and Entertainment)
  • Environmental Infrastructure (Wastewater treatment facilities, Waste management)
  • Tourism Structures
  • Commercial Structures (Retail and Wholesale)
  • Monetary and Financial
  • Intermediation Structures

Status

The Italian National Infrastructure Sector is characterised by stability and limited influence from the country's economic performance (low cyclicality). Railways, ports, and airports are the three main infrastructure systems that are currently undergoing changes, modernisation, redevelopment, and new construction. They represent central hubs in the sector in terms of business and investment opportunities. According to Oxford Economics analyses, investments in these structural areas are expected to experience an average annual growth of 3.8% over the next five years. It is also observed that Italian and European investors are increasing their allocation to assets that involve higher risk but offer greater value-added potential (Core Plus). However, investments in "Green" infrastructure remain low.

As this sector is highly strategic, every decision made and every project implemented directly and indirectly impact the economy and the well-being of the country. Additionally, in Italy, the funds allocated by the National Recovery and Resilience Plan (PNRR), amounting to approximately 40 billion euros, further contribute to the revitalisation of the infrastructure sector.

Market Risks

According to the findings of the 3rd edition of the EY Infrastructure Barometer in 2022, there are several negative aspects and risks identified by investors interested in directing their portfolios towards the infrastructure sector, both in Italy and Europe. The main ones are:

  • Bureaucratic constraints
  • Political instability and uncertainty
  • Regulatory uncertainty
  • Potential litigation risks

Market Trends

Being a highly competitive and rapidly expanding sector, the infrastructure sector has become a significant reference point for both national and international investors. Economists believe that investing in this sector is a strategically sound choice, providing portfolio diversification opportunities. The main trends characterising the sector are driven by Digital Transformation:

  • Smart City, this involves the digitalisation of infrastructure, networks, and traditional services in urban contexts;
  • InfraTech, it focuses on integrating materials, machinery, and digital technologies throughout the entire life cycle of infrastructure projects;
  • Renewal of existing infrastructure, this includes refurbishing, updating, or completely replacing existing infrastructure assets.