Both La Filanda and the Palazzo Bovio passed through the same structural, financial and market value analysis submitted to Archangel Italy by the above. La Filanda was chosen as we wanted a different take on the only specimen of Manchester Industrial Architecture in the South of Italy.

Its uniqueness makes it subject to the support which it has received directly from the Central Government in Rome through its Ministry of Culture. La Filanda is also under the professional  intermediary auspices of UniCredit RE Services, which approved Archangel’s EU position and stature to complete the work with its nominated team. UniCredit is a pan-European Commercial Bank with a unique service offering globally, but specifically strong in Italy, Germany, Austria, and Central and Eastern Europe.

Their purpose is to empower communities to progress, delivering the best-in-class for all stakeholders, unlocking the potential of their clients.

Archangel Italy, which is the executive legal arm of Archangel USA, has already set in motion all regional approvals in terms of engineering and architecture for the building to regain its former glory with a new community scope.

Real Estate brokers are vying to participate in its marketing post completion. In fact, they also participated in the drawing up of the estimates contained in the promotional figures. In all the (weekly) planning meetings at La Filanda, Unicredit RE Services is also present with its top officials in Bari, Puglia and the south of Italy, due to the nature of the project, which is clearly of regional, national and EU interest.