Restart SIIQ S.p.A.

RST

IT0005349052

Diversified REITs

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Apr. 16	Giorgio Ferrari appointed chief executive officer of Restart	AN
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Restart SIIQ : Signed the definitive contract for the sale of the building situated in Milan in via Roncaglia 12-14

July 11, 2019 at 12:20 pm EDT

Comunicato Stampa Press Release

SIGNED THE DEFINITIVE CONTRACT FOR THE SALE OF THE BUILDING SITUATED IN MILAN IN VIA RONCAGLIA 12-14
SALE PRICE OF € 21.9 MILLION CONFIRMS THE BOOK VALUE (€ 21.7 MILLION
AT 31 December 2018)

Milan 11 July 2019 - Aedes SIIQ S.p.A. (MTA: AED) announces that, today, Sator Immobiliare SGR S.p.A. managing company of the Petrarca Real Estate Fund - Fund of which Aedes SIIQ is the owner of 100% of its shares - has signed the sale of the building located in Milan in Via Roncaglia 12-14, with a leading institutional investor.

As already announced at the signing of the preliminary sales contract, on February 28, 2019, the property sold is located in Via Roncaglia, Milan, and has a GLA of over 8,214 square meters for office use.

The sale was made at a price of € 21.9 million, confirming the book value of € 21.7 million at 31 December 2018.

Comparing the sales price with the previous appraisal, carried out on 30 September 2018, amounting to € 16.9 million, there was a positive effect of approximately € 5 million (see Press Release of 28 February 2019).

The sale of the property confirms, once again, the positive response of the market to the assessments made by independent experts on the Group's portfolio and allows a reduction in the portion of the leased portfolio.

***

Aedes SIIQ S.p.A.

Aedes SIIQ (MTA:AED) was created and at the same time is listed on the MTA Market of the Italian Stock Exchange, following the partial proportional demerger of Restart (a company founded in 1905 and listed on the Italian Stock Exchange since 1924) on 28 December 2018. Aedes SIIQ owns a real estate rent portfolio and development for rent portfolio in line with the strategy of a REIT with commercial purpose (Retail and Office).

For further information: www.aedes-siiq.com

Investor Relations
Aedes SIIQ S.p.A.	Tel. +39 02	6243.1	investor.relations@aedes-siiq.com
Silvia Di Rosa CDR Communication	Cell. +39 335 7864209	silvia.dirosa@cdr-communication.it
Ufficio Stampa
Lorenzo Morelli	Tel. +39 02	6243.1	l.morelli@aedes-siiq.com
Studio Noris Morano	Tel. +39 02	76004736-45	norismorano@studionorismorano.com

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Aedes SIIQ S.p.A. published this content on 11 July 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 July 2019 16:19:03 UTC

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Company Profile

Restart SpA, formerly Restart SIIQ SpA and Aedes SIIQ SpA, is an Italy-based real estate investment company. The Companyâs main activity includes valuation of real estate assets underlying Special Situations, Non Performing Loans (NPLs) or Unlikely to Pay (UTP). The Company also focuses on the provision of related real estate services. The Company operates locally.

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