(Visited 39 times, 1 visits today)
(Visited 39 times, 1 visits today)
  • Transaction / Assets
    Train station in Turin
  • Seller
    Ferrovie dello Stato
  • Buyer
    Vastint Hospitality Italy
  • € MM
    6.5

A hotel and a commercial district in the former Porta Susa station in Turin

20 February, Il Giornale

The disused station of Porta Susa will become a hotel catering to millennials. It was announced by Ferrovie dello Stato following the completion of the sale for 6.5 million euro to the real estate company Vastint Hospitality Italy. The company is part of Vastint Hospitality Holding BV. It acquired the asset for one million and 743 thousand euro, also adjudicating the mezzanine option of the City of Turin. The objective is to restructure the asset and implement a touristic district with hotels, shops and restaurants. This is an excellent property for an area which had been neglected. Vastint Hospitality is currently developing a portfolio including at least 50 hotels throughout Europe by the acquisition of assets in Germany, UK, Netherland, France, Belgium and Austria. For what concerns Italy, this is the third investment in Italy after those in Genoa and Verona.

Source: Il Giornale

Translator: Cristina Ambrosi

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