Policy
Policy
Assoimmobiliare

Policies / Position paper

Proposals for the simplification and acceleration of executive and bankruptcy procedures

Position paper

March 30, 2021

Enforcement and bankruptcy proceedings still take about twice as long as the European average. The lengthy duration of judicial debt collection proceedings is one of the factors responsible for the accumulation of non-performing loans that has affected banks’ balance sheets. Asoimmobiliare has developed proposals aimed at making enforcement and bankruptcy proceedings more effective and improving sales procedures, with a focus on out-of-court sales.

Proposals for reform of SIIQ legislation and rules on permeability among real estate investment vehicles

Position paper

March 15, 2021

Law No. 296 of 2006 established Listed Real Estate Investment Companies (SIIQs) in Italy, which represent the Italian version of the REIT model based on the French model.
In Europe, 71 listed REITs, operating in 13 countries, own real estate assets worth approximately 300 billion euros, while in Italy they remain underdeveloped. A reform of the legislation is therefore needed to promote their expansion, bringing benefits in terms of capital attraction and market transparency.
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