Microsoft Word - Comunicato RM Tor Pagnotta eng (28 01 2016)



Beni Stabili Siiq has sold its asset located in Rome in via diTor Pagnotta to Telecom Italia


Milan, January 28th 2016 - Beni Stabili Siiq informed that today, in execution of the framework agreement signed on April 22nd to extend and enhance the partnership with Telecom Italia, has sold its asset located in the periphery of Rome, Via di Tor Pagnotta to Telecom Italia.


The complex consists of nine separate buildings, including 3 main and remaining in service of the compendium, placed in a very wide and green area with parking space.


The asset has been sold for an amount of

€50.2m in line with the book value at 31.12.2014 with an exit yield of 7,24%


The framework agreement on the buy-back by Telecom Italia referred to 2 properties for a total of €126.3m, the first of which, in via Oriolo

Romano, has been sold on December 16, 2015 as reported in the press release issued on that day


For further information:


Beni Stabili Siiq

Investor Relations - Francesca Perani - +39.02.3666.4682 - francesca.perani@benistabili.it


Media Contact - Barbara Ciocca - +39.02.3666.4695 - barbara.ciocca@benistabili.it

Brunswick Group

Lidia Fornasiero / Michele Osta - +39 02.92.8862.00 - benistabili@brunswickgroup.com


Beni Stabili Siiq, property company leader in the Italian real estate sector

Founded in 1904, Beni Stabili Siiq is a Property Company, listed on the Milan Stock Exchange since 1999 ((BNS.MI) and on the Paris Stock Exchange since 2010, investing in office properties in the major cities of North and Central Italy. Beni Stabili Siiq in 2007 became part of the French Group Foncière des Régions, a major European property player. Beni Stabili Siiq has operated as a SIIQ "Società di Investimento Immobiliare Quotate" (similar to a REIT) since January 2011.

The company in 2014 reported EPRA recurring net income of Euro 87.2 million and a property portfolio managed by Beni Stabili Siiq valued at Euro 4.0 billion at September 30, 2015.

Beni Stabili S.p.A. issued this content on 28 January 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 28 January 2016 22:33:05 UTC

Original Document: http://www.benistabili.it/filecat/3135_L1_F4_Comunicato RM Tor Pagnotta eng (28 01 2016).pdf