NEWS

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

Milan June 17th, 2022 – Central SICAF S.p.A., a 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 di Central SICAF, said: “This transaction allows Central Sicaf to take another important step towards implementing the rationalization strategy of its real estate portfolio and confirms, as well, the interest of Italian and foreign institutional investors in alternative asset classes, including infrastructure, that offer long- term stable and sustainable returns.”