AUCTION BASED ON RECEIVED OFFER EX ART. 107 4th PARAGRAPH BANKRUPTCY LAW

PARTICIPATION IN AUCTION IS LIMITED TO ART. 107 4th PARAGRAPH BANKRUPTCY LAW OFFERER AND TO TEMPORARY AWARDER OF PREVIOUS PHASE 1 OFFERS GATHERING N. 19113

Building lands in Asciano (SI), Locality Casetta

The lands are registered at Land Registry of City of Asciano at sheet 8:

Parcel 310 - Arable land - Class 2 - Area 1,889 sqm- R.D. € 7.32 - R.A. €7.32 -  Share 11.50%
Parcel 295 - Arable land - Class 2 - Area 1,232 sqm- R.D. €4.77 - R.A. €3.82 -  Share 11.50%
Parcel 322 - Arable land - Class 2 - Area 6,000 sqm- R.D. € 23.24 - R.A. €18.59 - Full ownership

The land falls within homogeneous territorial areas intended for new settlements for industrial plants or similar to them.
They are urbanistically classified as building land following the approval of an implementation plan including a larger area to complete the built-up area of the house. To date, this private initiative implementation plan has not even been presented, so the value of the land is reported as the value of agricultural land.

For further information consult attached appraisal and documention.