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Amendments to Italian Legislation Governing Real Estate Investment Funds

August 05, 2010

By Alessandro Stoppa, Alessio Giammarino & Cosimo Pennetta

In the context of its emergency measures aimed at reducing the national budget deficit, on 30 July 2010 the Italian legislature converted into law a governmental decree that had introduced a number of changes to the regime applicable to investment funds generally and to real estate funds in particular.