Fimit buys Forte Village for EUR 218m

Capitalia's Fondi Immobiliari Italiani (Fimit) is acquiring Europe's largest holiday resort complex - the Forte Village - in Santa Margherita di Pula near Cagliari, Italy, for EUR 218 mln. The two companies agreed in February on the deal, whose amount had not been disclosed. Global investment bank Lehman Brothers is selling the Village to Fimit's retail fund Delta (50%), Beta (27%) and Gamma (23%). Italian private group Marcegaglia will take over the resort's management company which has received the World Leading Resort Award for nine consecutive years.

Premium subscriber content – please log in to read more or take a free trial.

Events

Latest news

Best read stories