- GROSS RENTS
COIMA RES S.p.A. SIIQ (“COIMA RES”) is a real estate company listed on Borsa Italiana since 2016. COIMA RES manages real estate assets in Italy, primarily focusing on commercial properties. The company operates with the beneficial tax status granted to Società di Investimento Immobiliare Quotate (“SIIQ”), which is broadly equivalent to the Real Estate Investment Trust (REIT) structure in other jurisdictions.
As at 31/12/2018
1) Corso Como Place acc ounted on a pro-rata basis (35.7%)
2) Not including Pavilion given the specific situation of the asset as of December 31st, 2018 (lease agreement with IBM already in place but not yet effective)
3) Includes the fair value of a Deutsche Bank branch classified as inventory and valued at cost
4) Subject to approval by the shareholders’ meeting (April 2019)