Beni Stabili Siiq signs preliminary agreement for disposal of asset in Palermo (IT)

Beni Stabili Siiq announces the subscription of a preliminary agreement for one asset in Palermo, located in via Federico Imperatore, for a total amount of €13.7 million, substantially in line with its book and market values.

The property has a total GLA of around 25,000 m² and belongs to the 'Fiat' portfolio.

The closing is planned for April 2012.

Source: Beni Stabili Siiq

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