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Borgosesia launched the first Italian real estate Spac
17 June, Re Quadro
Borgosesia Spa has recently launched Bgs Club Spac, the first Spac (special purpose acquisition company) in Italy. The new company targets private investors looking to invest in real estate by deciding to participate each time in the various long-term investment opportunities proposed to them. Such investments may also consist of assets connected to NPLs. The assets are generally acquired through enforcement procedures or insolvency proceedings to be completed or restructured.
Source: Re Quadro
Translator: Cristina Ambrosi