EstCapital seals EUR 94m funding for Venice project

Italian fund manager EstCapital said on Thursday that it has been granted a EUR 94 mln financing for the acquisition and the redevelopment of the former Al Mare hospital in Venice. Bank Unicredit and BNL acted as mandated lead arrangers; Banca Popolare di Vicenza, Credito Bergamasco and MPS Capital Services also participated in the financing.

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