Italian listed property company Beni Stabili has signed a preliminary agreement to sell an asset of the Imser 60 portfolio to an undisclosed buyer. The transaction price of EUR 39 mln compares to an appraised value for the asset of EUR 38 mln at end-2009.
Italian listed property company Beni Stabili has signed a preliminary agreement to sell an asset of the Imser 60 portfolio to an undisclosed buyer. The transaction price of EUR 39 mln compares to an appraised value for the asset of EUR 38 mln at end-2009.
The property is a historical office building located in the Northern Italian city of Bologna, and it is leased to Telecom Italia. The transaction is expected to be completed in July 2009, the company said.
