Italy's state-owned real estate firm Fintecna Immobiliare has acquired a portfolio of former ASL properties across Italy's Liguria region for a total EUR 203 mln. The real estate company was vying with the Malacalza Group in the bidding to acquire the assets, which were recently put up for sale with a price of EUR 168 mln. The portfolio includes 390 properties in Genoa and other Italian cities which the Italian public health company ASL decided to sell to fund its EUR 130 mln debt in the Liguria region.
Italy's state-owned real estate firm Fintecna Immobiliare has acquired a portfolio of former ASL properties across Italy's Liguria region for a total EUR 203 mln. The real estate company was vying with the Malacalza Group in the bidding to acquire the assets, which were recently put up for sale with a price of EUR 168 mln. The portfolio includes 390 properties in Genoa and other Italian cities which the Italian public health company ASL decided to sell to fund its EUR 130 mln debt in the Liguria region.
