BENI STABILI SPA Beni Stabili signs a lease agreement with Meininger Hotels

Transparency directive : regulatory news

13/10/2016 17:49

Beni Stabili signs a lease agreement with Meininger Hotels for the entire
building located in Piazza Monte Titano in Milan

Milan - 13 October 2016: Beni Stabili S.p.A. Siiq and MEININGER Hotels, have
signed a 20+5 year lease agreement for the entire building, around 6,000sqm,
located in Piazza Monte Titano, in Milan in front of the Lambrate railway
station.

The asset will be requalified into a hotel (Green certificated), in accordance
with MEININGER standard, with 131-room.

This agreement represents another important result for Beni Stabili and it is
the confirmation of the strategy, already announced by the Company, to be
focused on the Real Estate market in Milan and also of its important plan to
reduce the vacancy rate of the assets thanks to a significant capex plan of
around EUR72 million.

For more 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

SEC and partners Srl
Matteo Steinbach - +39.346.1063989 - steinbach@secrp.it
Michele Calcaterra - + 39. 335.461985 - calcaterra@secrp.it

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

Beni Stabili is the leading property player in the Italian real estate market
with total assets of 4.0 bn euro. Our assets portfolio is sited in key
locations of North and Central Italy's major cities and consist mainly of
offices. We pursue the appreciation of our assets to increase profitability and
create value for our clients, partners and shareholders.

As a major player in office investment and development, we foster pioneering
solutions to improve the environmental performance of our buildings for the
well-being of our clients' employees. With this is mind we are developing in
Milan a new business area dedicated to smart working: Symbiosis.

Beni Stabili is listed on the Milan and Paris Stock Exchanges and operates
through its main offices of Milan and Rome. Beni Stabili belongs to the
Foncière des Régions group, a leading real estate player in Europe who owns
and manages an 18bn euro portfolio located in the most attractive metropolitan
cities of France, Germany and Italy.

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21/12/2018 14:57

BENI STABILI SPA Beni Stabili signs a lease agreement with Meininger Hotels

Transparency directive : regulatory news

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