Borgosesia has just concluded another important real estate purchase, it is the prestigious Petriolo estate in the Sienese Chianti, which was owned by the Savio family since 1974. The property includes an 18TH century building, 14 hectares of arable land and 15 hectares of vineyards cultivated for the production of Chianti DOCG. Borgosesia plans to...Read More
B&B Hotels has recently announced the entry into its portfolio of a new property in the Langhe area. A hotel with 84 rooms, a meeting room (max 50 seats) and large outdoor parking. This new property represents the 3rd hotel added to the chain’s Italian portfolio since the beginning of 2022, after the B&B Hotel...Read More
A new extra luxury property could soon debut in Siena. The operation, for 20 million euros, involves the development of a 5-star hotel from the conversion of Palazzo Sozzini-Malavolti, which was in the past home to the “Università per Stranieri” (University for Foreigners) in Siena. The building, according to local press sources, could be converted...Read More
The Student Hotel has recently announced the closing of an agreement with Unicredit that provides a loan, for the Amsterdam-based chain, equal to 145 million euros. After the openings in Florence and Bologna, the 145-million-euro loan from Unicredit will allow the group to develop two new locations: in Rome San Lorenzo (formerly Dogana) and Firenze...Read More
Adler SPA Resorts Lodges, South Tyrolean group, has recently confirmed the next opening of its first 5 star-hotel in a seaside destination, the Adler SPA Resort Sicily, set for July 7th, 2022. The hotel, built according to the principles of sustainable architecture, is located on the coast of Agrigento, in Siculiana, and will count 90...Read More
Hines confirmed the launch of “Aparto” student accommodation platform in Italy, with two new residences totaling 41,000 sqm. The first facility will be operational from January 2022. One of the residences, Aparto Milan Giovenale, is located between Via Giovenale and Via Col Moschin and will be spread over 16,339 square meters, will offer 584 beds...Read More
Belmond Group, specialized in luxury tourism (and now headed by LVMH), continues its expansion in Portofino. The group, already owner of the Splendido and Splendido Mare hotels and shortly after purchasing the Fiore di Paraggi baths in the Santa Margherita Ligure area, has now formalized the acquisition of Villa Beatrice (formerly Castello Odero), a historic...Read More
Delphina Hotels & Resorts, a Sardinian hotel chain with 8 hotels (1,527 total keys on the island), has obtained a EUR 5 million S-Loan (Sustainability Loan) from Intesa Sanpaolo. The financing operation is bound to the achievement of ESG (Environmental, Social, Governance) objectives that the company is committed to achieving. Delphina Spa is controlled by...Read More
KKR recently closed the funding round for its second European real estate fund, Real Estate Partners Europe II, collecting USD 2.2bn. The fund focuses on value-added and opportunistic real estate investments in Western Europe in sectors such as logistics, residential, student housing, hospitality and offices. REPE II has been underwritten by new and existing investors...Read More
The Angst Hotel in Bordighera (Liguria) has recently been acquired by the real estate developer Bizzi & Partners. The acquisition will be followed by an asset conversion project into luxury apartments, maintaining the external characteristics of the building, as well as the adjoining botanical garden. The anticipated value of the redevelopment project of the complex,...Read More
