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The Student Hotel closes the fourth Italian acquisition in Florence

Posted: 23 May 2017

The Student Hotel Group announced the acquisition of its second property in Florence with the aim of starting up the renovation work in 2018 and opening it up in September 2019.

It will be the fourth hotel in Italy. Located in Viale Belfiore, in the former Fiat building, the 26,000 square meters will be the main part of a mixed development project, which will contain the 670 rooms of The Student Hotel as well as residential units, shops and car parks.

The property was recorded at the public auction for €28.2 mln,