Cdp-Finint, first low-rent houses for state employees in Trieste and Udine

The first initiative under Cdp's '4th ESSE' of social housing is now underway in Friuli-Venezia Giulia: 'Service housing', the residential offer at subsidised rents dedicated to professionals - in this case concerning State Police employees - consistent with the Group's new strategic plan.

The instrument used to promote the first projects of this new housing solution is the Fondo Housing Sociale Fvg (Fondo HS Fvg) managed by Finint Investments, whose main investor is the Cdp Group through the Fondo Investimenti per l'abitare (Fia) managed by Cdp Real Asset Sgr and whose shareholders include the Friuli-Venezia Giulia Region and the Banche di Credito Cooperativo circuit.
Fondo Housing Sociale Fvg has been subscribed for a total of approximately EUR 105.3 million, of which EUR 81 million (or about 77%) by Cdp's Fia housing investment fund, and has finalised two agreements with the Municipality and Police Headquarters of Trieste to allocate suitable housing for families as a priority to State Police employees stationed - also on a temporary basis - in their respective areas. A similar initiative is being finalised with the Municipality and Police Headquarters of Udine.

In detail, in Trieste 15 social housing units (out of a total of 56) have already been reserved for State Police employees within the new social housing complex built in Strada Cattinara. While in Udine, at the former Osoppo Barracks, 10 social housing units will be assigned as a priority to employees of the Police Headquarters, out of the 76 units under construction as part of the regeneration of the area and those still available as part of the other interventions already carried out by the HS Fvg Fund in the city.

The value of the investment on Udine Osoppo was 13.5 million, while that on Trieste Cattinara was 8.5 million, for a total commitment on the two interventions of approximately 22 million euro

"From its pioneering work in social housing, to student housing and the first investments in senior housing, Cdp Real Asset's investment strategy continues to support new forms of residential supply at moderate rents," points out Giancarlo Scotti, Cdp's real estate director and managing director of Cdp Real Asset Sgr. With service housing, we are helping to meet the need for labour mobility in our country for workers in essential services and young professionals, in line with the 2025-2027 Business Plan".