Conversione degli immobili delle opere pie in rendita consolidata 5 per cento aumentata e garantita

This procedure concerns the legal conversion of real estate owned by charitable institutions ('opere pie') into consolidated annuities. It aims to transform fixed property assets into a guaranteed 5% annual return, providing a more liquid and stable financial stream for these organizations. This act primarily affects charitable institutions and religious foundations in Italy, altering how their property assets are managed and generating income.