Millennium & Copthorne Hotels to buy a luxury asset in Rome

February 27, 2014 Redazione

According to a press release from Millennium & Copthorne Hotels plc , the Group entered in a agreement to purchase the first hotel in Italy. The deal with the Italian Boscolo Hotel S.p.a. foresees the sale of Boscolo Palace Rome, a five star 87 roomed hotel located in the famous Via Veneto Rd. The price communicated is €65.5M and the transaction will be completed in the second quarter of the year.

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