sito italiano
FIP has been the first real estate investment fund (“REF”) promoted by the Republic of Italy in the field of a wider real estate valorisation programme carried out by the MEF (Ministero Economia e Finanze) through the conferral of properties to REFs.

Under Italian law, REFs are independent pools of assets represented by units held by participants and managed on a collective basis by duly authorised asset management companies. Because REFs are not legal entities, Italian bankruptcy law provisions do not apply to them.