Italian company snaps up Villa d'Este

Italian real estate company Finanziaria Lago has acquired a 65% stake in the landmark Gran Hotel Villa d'Este on Lake Como in Northern Italy for a total of EUR 260 mln. The 101,000 m[sup]2[/sup] luxury complex, comprising a hotel and two private villas, was sold by Finanziaria Regina, owner of a 53% stake, and other minor shareholders. The buyer was advised by Sim Corporate Family Office and Corporate Family Office Servizi.

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