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Milan: T.A.M. buy the former cinema in via Mascagni

Posted: 1 January 2019

Trophaeum Asset Management, a London fund specialized in the luxury sector (mainly retail), has acquired the former cinema in via Mascagni.

The asset is located near the Milan’s fashion district, it measures over 5,400 sqm and it will be redeveloped after years of neglect to become a five-star hotel owned by a famous international hotel group.

The structure will host about 70 rooms and the operation worth a little bit less than 30 million euros.