Base case:

• Company has problems obtaining credit
• Real estate portfolio is not leveraged or leverage is below the value of the properties

The need:

• To gather financial resources through the sale of property while maintaining use of the assets that are key to operations

The company’s solution:

• Single solution: sell the company’s key industrial properties

Spazio Industriale’s solution:

• Leasebacks on the current industrial property with lease agreements in line with the company’s corporate strategy

Advantages for the company:

• Immediate access to liquid financial resources resulting in a sounder financial structure versus a recurring lease payment
• The company maintains possession of the assets that are key to its operations
• Renewed access to lines of credit and industrial credibility