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Castello Sgr in Courmayeur. Investment for 70 million

Source: Corriere del Trentino

Castello sgr has presented its new real estate project in Courmayeur. It concerns the residential complex “Le Petit Massif” composed of 22 residual units and will be finished by mid-2019. Beside the complex, there is the five-star hotel “La Massif”, with 87 rooms, whose opening is planned for Christmas 2018. The investment is worth 70 million euro and it will create over 100 new jobs in the next two/three years. “The operation that we’ve implemented in Courmayeur – states Giampiero Schiavo, Castello sgr Ceo –  is a great opportunity for the fund that we manage, and it also confirms the interest of our funds for tourism, one of the main elements for the growth.

Source: Corriere del Trentino

Translator: Cristina Ambrosi

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