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Serenenissima Sgr bets on tourism industry

Posted: 22 May 2017

Serenissima SGR has acquired the tourist complex of Taranto called Nova Yardinia.

The property, located in Castellaneta Marina, was acquired through the closed alternative real estate fund Rainbow for approximately €120 mln.

The asset is incorporated into a debt restructuring transaction signed by the former owner Sogefin.

The deal includes four hotels and some land that will be used for residential construction.