Independent Italian real estate investment manager Coima Sgr has completed the recapitalisation of its Lido di Venezia fund, creating a potential €250 mln in financial resources to commence refurbishment of the historic Hotel Excelsior (pictured) and Hotel Des Bains in Venice.
Portuguese real estate investor and developer Bondstone is investing around €70 mln in a residential development in Belas Clube de Campo, municipality of Sintra, Portugal.
