Building Land at Auction in Bari

NOTICE OF CALL FOR EXPRESSIONS OF INTEREST

pursuant to Article 91, paragraph 1, C.C.I.I.

Whereas
– in the unified proceedings R.G. No. 146-2/2026 initiated by C&C S.p.A. (hereinafter, the "Petitioner") by an application pursuant to Article 44 CCII filed on 31 May 2026, on 5 August 2026 the Petitioner filed an application for authorization to sell assets pursuant to Articles 46, 91 and 94 CCII, subsequently supplemented and partially amended by an application filed on 14 September 2026 and by a clarification note dated 16 September 2026, concerning, insofar as relevant here, the building land described in Article 1 below;
– in the aforementioned application, the Petitioner identified as the reference offer for the draft composition with creditors plan the irrevocable offer made on 28 July 2026 by Lovino Costruzioni Srl (VAT No. 04545070726), with registered office in Ruvo di Puglia (hereinafter, the "Offeror");
– by order dated 05/10/2026, the Bankruptcy Court of Bari directed that the offer be given adequate publicity in order to obtain expressions of interest pursuant to Article 91, paragraph 1, CCII;

notice is hereby given as follows

Art. 1 – Subject
This notice concerns the full ownership of the building land located in Bari, at Via Luigi Einaudi, corner of Via Luigi Luzzatti, registered in the Land Registry of the Municipality of Bari, sheet 115, parcel 499, almond grove, class 2, cadastral income  € 14.62, agricultural income  € 4.65, with a cadastral area of Ha 00.25.74 (2,574 sq. m).
According to the Urban Planning Compliance Technical Report, prepared by Engineer Marco Malpica Orabona on 23/07/2026 and attached to this notice (Annex 1), under the current municipal planning instrument, the land in question falls within an area designated for "PRG roads" and "areas for residential services", with the latter designation being absolutely predominant, as shown in the map extract attached to the urban planning certificate. Under Article 52 of the PRG Technical Implementation Regulations, buildings such as nurseries, religious, social, cultural and healthcare facilities, and buildings generally intended to provide public services, may be constructed in areas for residential services, subject to implementation by private parties through a specific agreement with the Municipality.
For further information, please refer to the Urban Planning Compliance Technical Report dated 23/07/2026 (Annex 1) and the Valuation Technical Report dated 26/08/2026 (Annex 2), both prepared by Engineer Marco Malpica Orabona and attached to this notice.
The property will be transferred in its current factual and legal condition, with all appurtenant and adverse easements, but free of adverse registrations predating 31/05/2026, as a single unit and not by measurement, with any warranty for defects, non-compliance or lack of quality excluded.

Art. 2 – Offer already received
The Offeror's irrevocable offer provides for:
– price: Euro 1,000,000.00 (one million/00) (plus applicable taxes);
– payment terms and deadlines: not specified; therefore, payment is due within 120 days of the award pursuant to Article 569 of the Italian Code of Civil Procedure;
– deposit paid: none; for the subsequent auction, a deposit of 10% of the offered price must be paid;
– offer validity: 120 days.
The valuation report prepared by Engineer Marco Malpica Orabona assigns the property a value of Euro 977,550.00 (nine hundred seventy-seven thousand five hundred fifty/00).
.
.
.
Art. 4 – Contents of the expression of interest
The expression of interest, drafted in Italian and digitally signed by the interested party or its legal representative, must contain (on pain of inadmissibility):
– the party's identifying details (full name, tax code/VAT number, registered office, certified email address);
– a declaration that the party "is interested in purchasing the property for a price of no less than Euro 1,000,000.00 (one million/00) (plus applicable taxes) and on terms no less favorable to the proceedings";
– a declaration confirming that the party has reviewed this notice, the Urban Planning Compliance Technical Report dated 23/07/2026 and the Valuation Technical Report dated 26/08/2026, and accepts their contents in full;
– as an attached document, a copy of the signatory's identity document and, for companies, an up-to-date company registry extract and documentation certifying the signing authority of the person signing the expression of interest.
The expression of interest is not binding on the person submitting it and no deposit is required at this stage.

Art. 5 – Submission procedure and deadline
Expressions of interest, prepared as PDF files in an encrypted ".p7m" envelope, together with the documents attached to them, must be received by 23:59 on 10 November 2026, exclusively by certified email sent to [email protected], with the subject line: "Unified Proceedings R.G. 146-2/2026 Bari Court – Expression of interest in building land in Bari, Viale Einaudi". Expressions received after this deadline will not be considered.

Art. 6 – Access to information
The information documentation relating to the property is attached to this notice as Annex 1 (Urban Planning Compliance Technical Report dated 23/07/2026) and Annex 2 (Valuation Technical Report dated 26/08/2026), and may be downloaded together with this notice.

Any further information may be requested from the Court-appointed Commissioners at the certified email address [email protected].