Italian asset management firm Castello, an experienced investor in the hospitality sector, has secured €135 mln in financing for the relaunch of the Grand Hotel Via Veneto in Rome as the first Nobu Hotel in Italy.
The Grand Hotel Imperiale in Forte dei Marmi, Italy has been sold to UAE-based real estate company Emaar Properties, owner of renowned buildings such as the Burj Khalifa and the Dubai Mall.
