RNS Number : 5689W
  Spazio Investment NV
  12 June 2008
   
    



    2007 ANNUAL REPORT AND ACCOUNTS


    The Annual Report and Accounts for the year ended 31st December 2007 has been posted to shareholders. Copies are available on the
Company's website www.spazioinvestment.com and at the address below: 

    Spazio Investment N.V.
Royal Damcenter 
Dam 7F 
1012 JS 
Amsterdam 
The Netherlands




    -Ends-



    Enquiries
    Spazio Investment N.V.
    Fabrizio Lauro Tel: +39 02 6442 50844
    Silvia Rossi +39 02 8535 46045

    Press Enquiries - Brunswick Group LLP 
    Justine McIlroy Tel: +44 (0)20 7404 5959 
    Roberta Governale


    Notes to Editors

    About Spazio Investment N.V.

    Spazio Investment N.V. is a Dutch based externally managed company focused on the Italian industrial real estate market - the second
largest in Europe.  

    It owns the largest portfolio in the sector, through Spazio Industriale, a closed end Italian real estate fund managed by Pirelli RE
SGR. With an overall OMV of approx EUR728.6m as at 31st December 2007, the portfolio included an attractive combination of:

    *     398 income-producing assets with high quality tenants; OMV of approx EUR604m

    *     2 high-profile development projects:
    *     Edificio16 - Refurbished industrial historical building located in Milan; OMV of EUR30.9m
    *     Eastgate Park - Largest integrated industrial park in North-East Italy, located in Portogruaro (Venice); OMV of EUR77.9m

    *     16 vacant assets under conversion/disposal; OMV of EUR15.8m  

    Spazio's corporate, investment, asset management and specialized real estate services are provided by Pirelli RE Group through an
experienced and dedicated management team.

    Spazio Investment started unconditional trading on the AIM market of the London Stock Exchange in October 2006.  




This information is provided by RNS
The company news service from the London Stock Exchange
 
  END 
 
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