Sale of Grand Hotel Puccini in Milan completed: Singapore-based Group the new Owner

February 4, 2019 Redazione

The Group based in Singapore First Sponsor LTD, mainly involved in asset management, property development, and real estate construction, has completed the acquisition of a hotel building in Milan, the Grand Hotel Puccini. Located in the central Corso Buenos Aires, the property was acquired for a stated price of 9.3 million euros. The building, which needs redevelopment, is located in the commercial district of the town, and its facade exposes directly on the Corso B Aires, being also adjacent to the Teatro Puccini. The operation was followed by the CBRE Hotels Milano team.

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