The Finance Ministry of the Italian government has recently added a memorandum to its budget in which it states that a total € 900 mln. in State-owned real estate properties will be disposed by the end of the current fiscal year. Invimit, a State-owned IMCO whose running several real estate funds in State-owned real estate portfolios, is in charge of the disposition process. The figure suggests that real estate dispositions will play a heavy part to the reaching of the goal of € 3.4 bln. (0,2% of GDP) in privatizations set by the Italian government for the current fiscal year. READ THE FULL MEMORANDUM TO THE ITALIAN BUDGET (ITALIAN ONLY, PAG. 84)
