UPDATE 2-Aedes board to meet Thursday on cap hike -source

* Aedes board meeting Thursday on capital hike

* Shareholder Antonelli ready to up stake (Adds comments from shareholder Antonelli)

By Sabina Suzzi

MILAN, July 15 (Reuters) - Italian real estate company Aedes SpA (AEDI.MI) is set to hold a board meeting on Thursday to help clear the way for a 150 million euro ($210.7 million) capital increase, a source close to the operation said on Wednesday.

Banks are still at work on aspects of the capital hike at Aedes, Italy's seventh-biggest real estate company by market value, the source said. The hike is one of the measures taken to help the company restructure its debt.

The source added there were differing positions on the capital increase issue within the banking consortium involved.

One of the banks favours providing guarantees for property company Isoldi Immobiliare as regards its 70 million euro portion of the share hike, while another bank is against it, the source said.

The capital increase will change the shareholding structure of Aedes, strengthening the position of the Amenduni family and bringing in Isoldi Immobiliare.

Acciaierie Valbruna SpA, formerly called Amenduni Acciaio SpA, holds 14.7 percent of Aedes.

On Tuesday, a spokesman for Isoldi Immobiliare said the company was working hard to be able to provide guarantees for its share in the hike.

Viba, a company controlled by the Amenduni family, has given bank guarantees for 45 million euros in regard to the capital hike. It is also ready to increase its contribution by up to 25 million euros providing Aedes reaches an agreement with the banking consortium.

"The accord with the banks will certainly be reached," Aedes shareholder Enrico Maria Antonelli told Reuters on Wednesday.

Antonelli said he is prepared to increase his stake in Aedes from 4.4 percent to 10 percent as part of the capital increase, providing he has an operating role in support of the Amenduni family.

Antonelli, who confirmed an Aedes board meeting on Thursday, said he saw the Amenduni family being supported by three or four smaller shareholders, with Isoldi Immobiliare bowing out of the operation. (Reporting by Sabina Suzzi; Writing by Stephen Jewkes; Editing by John Stonestreet and David Holmes) ($1=.7118 Euro)