The issue
The ENI Group, the major Italian oil Company, decide to spin-off its most prestigious properties. This is one of the most important operations on the Italian real estate market, and a number of top international players participate to the purchase tender.


The solution
Both the owner (ENI Group) and the advisors (Morgan Stanley and Merril Lynch) need professional support for the determination of the Fair Market Value of the individual properties and of the global portfolio. Thanks to our full coverage of the Italian territory and deep knowledge of the market, we are able to carry out the valuation within a very stringent deadline.
The final purchasing agreement, between ENI and Goldman Sachs (winner of the tender) fully confirms PRAXI’s valuations.