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hospitality Market News: Italian Real Estate Intelligence

iAM Capital Group acquired trophy asset in Rome
28 September, Monitor Immobiliare Through the iAM Hospitality Fund, managed by Castello Sgr, iAM Capital Group acquired a trophy asset on the river Tiber waterfront, Rome. The property develops over five floors and covers a 5,719 Sqm surface. iAM Capital Group plans to convert it into a five-store hotel, offering 70 rooms, a restaurant, a spa, and a panoramic terrace. Source: Monitor Immobiliare Translator: Cristina Ambrosi
 
EDITION Hotel to open in Lake Como
22 September, Monitor Immobiliare Marriott International Inc. entered an agreement with Bain Capital Credit and Omnam Group to inaugurate a hotel under the brand EDITION in Lake Como. The hotel, which will open in 2025, has been developed through a fund managed by Kryalos. The property will offer 145 rooms, a lobby bar, a swimming pool and several restaurants. Source: Monitor Immobiliare Translator: Cristina Ambrosi