Annual Accounts and Report as at 30 June 2011 Draft - Mediobanca

The real estate market in 2010 was largely stable in terms of thenumber of residential properties bought and sold (up 0.4%), while thevalue of the residential mortgage lending market was up more than 11%,with new loans totalling €56bn (€50bn).After two years in which significant reductions were recorded (of20.9% in 2008 and 32.9% in 2009), the Italian leasing industry recoveredslightly in 2010, rising 4.7%. However, a further reduction, of 2.7%, hasbeen recorded in the first six months of 2011.2007 2008 2009 2010€m % €m % €m % €m %Vehicles ............9,312 19.1 8,465 21.8 5,704 21.9 5.777 21,1Core goods ......... 13,794 28.2 12,233 31.6 8,539 40.5 8.898 32,6Property ............ 22,665 46.4 15,061 38.8 10,586 32.7 11.584 42,4Yachts .............. 3,090 6.3 3,018 7.8 1,288 4.9 1.077 3,948,861 100.0 38,777 100.0 26,117 100.0 27.336 100.0Source: Assilea.18 –