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Veneto incentives the recovery of lands

10 June, Il Sole 24 Ore

The region of Veneto renewed the housing regulation that incentives the recovery of unused land. The objective is to generate value from assets that have no longer market value, like old hotels, warehouses and public assets”. If the properties are demolished, the land will be redeveloped and the credit connected to the assets used to fund other housing projects. Once fully operational, the law is estimated to generate value from about 150 thousand Sq m of land.

Source: Il Sole 24 Ore

Translator: Cristina Ambrosi

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