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Rocco Forte
The Public Investment Fund (PIF), the Sovereign Wealth Fund of Saudi Arabia, chaired by Prince Salman bin Abdulaziz Al Saud, is reportedly set to enter the capital of Rocco Forte Hotels by acquiring a 49% stake. As per the current situation, the fund would exit the capital of the company Cassa Depositi e Prestiti, which...
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Rocco Forte, in partnership with Generali Real Estate, will develop a new serviced apartment complex in Milan. The opening follows another alike-concept property, inaugurated in October 2019, in Piazza di Spagna (Rome). Since its inauguration, the Rocco Forte House Rome has recorded a total turnover of EUR 378 thousand, approx. 76 thousand per key (balance...
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