The inaugural meeting of the newly established Board of Directors, tasked with the centralized management and enhancement of Italian public real estate assets, occurred on 7 November.
The new structure will operate using the database on real estate created and managed by the Ministry of Economy and Finance, favouring integration with the databases of other Public Administrations. In this way, not only will information on real estate be more easily accessible—through the interconnection of public databases—but it will also be possible to encourage investment, support policy decisions, and improve the utilization of real estate assets available to public administrations, aiding in public debt reduction and urban development in different areas of the country.
“The efficient management of public assets is a very important activity, especially in the context of the new European fiscal rules and the achievement of the fiscal adjustment that the government has committed to in the coming years with the Medium-Term Fiscal Structural Plan” said minister Giancarlo Giorgetti.