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Fosun is looking for assets in Milan and Rome

09 May, Il Sole 24 Ore

The Chinese group Fosun, with assets under management for 47 billion dollars, is looking for investment opportunities in Italy, specifically in fashion, food and real estate. The operations concerning this latter are carried out through its real estate division Fosun Hive, with the main focus on Milan and Rome. Through its Portuguese subsidiary Fidelidade, the group owns Palazzo Broggi in Milan, which has been recently renamed The Medelan.

Source: Il Sole 24 Ore

Translator: Cristina Ambrosi