An Italian bankruptcy court has approved the sale of the Consob headquarters in Rome owned by Coppola Group's real estate unit Valadier, which declared itself bankrupt two years ago. The building, which is located in Rome's Piazza Verdi, houses the Italian Antitrust authority Consob and is partly owned by Valadier and partly by Consob itself.
An Italian bankruptcy court has approved the sale of the Consob headquarters in Rome owned by Coppola Group's real estate unit Valadier, which declared itself bankrupt two years ago. The building, which is located in Rome's Piazza Verdi, houses the Italian Antitrust authority Consob and is partly owned by Valadier and partly by Consob itself.
According to the Italian financial newspaper Milano Finanza, the property will be put up for sale with a starting price of EUR 98 mln. The building was acquired by the Coppola Group from electricity operator Enel in 2005 and sold to Valadier a few months later.
