Sale of asset portfolio located throughout Italy.

Sale of asset portfolio located throughout Italy.

Central Sicaf S.p.A. finalizes the sale of a mixed-use properties portfolio for € 87,7 million.

Milano, 17 giugno 2022 – Central SICAF S.p.ACentral SICAF S.p.A., sa company under the management and coordination of Covivio S.A., has finalized the sale of 12 assets, for a total value of € 87,7 million, to AP Wireless Italia InfraRe, a subsidiary of Radius Global Infrastructure.

The transaction involved the sale of mixed-use assets, currently leased to a leading telecommunications operator, and located all over Italy.

Marco Bignami, CEO of Central SICAF, said, “This transaction allows Central SICAF to take another important step toward implementing its strategy of rationalizing its real estate portfolio. It also confirms the interest of Italian and foreign institutional investors in alternative asset classes, including infrastructure, that offer stable and long-lasting returns over time.”

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