Is called Invitation and has developed a plan that ten days ago was approved by Bank of Italy. It is an asset management company set up in recent months by the Treasury and entrusted to the former director of the State Property Agency, Elisabetta Spitz. Its objective is to manage directly or indirectly (through other asset management companies, perhaps private) a series of real estate funds into which the State or local authorities transfer part of the public assets to be valued or sold. Not only that: Invimit will also be able to find on the market private subjects willing to invest, such as pension funds, insurance companies and foreign financial institutions.
As Sergio Rizzo recalls in the Corriere della Sera, the plan provides that by 2017, the funds linked to Invimit will contain public buildings for a value of 6 billion and 100 million euros. Of these resources, four billion would concern "direct funds", which would include the properties of INPS (for 1,9 billion), the Lazio Region (800 million), Unioncamere and Inail (1,4 billion). The latter entity will also provide liquidity for one billion and 800 million. Properties for another 1,8 billion would then come from "funds of funds", such as the School Fund, the Prison Fund, or the Barracks Fund, into which an attempt will be made to merge a series of unused structures.
The resources obtained from the sale of these assets could be used for reduce public debt. On the other hand, they would also have an impact on the deficit, because in some cases they would allow the state to save, for example by transferring a public office from a privately rented building to a building that is already public property.
