Here comes new confirmation of Milan's attractiveness for the real estate sector: the Lombard capital is the most popular Italian city for investments or luxury purchases. In fact, 17.3% of all national demand for high-quality properties is concentrated here, trailing Rome - in second place - by four percentage points (13.3%) and other reno...
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Arnault purchases Urio Castle on Lake Como from Opus Dei: it will become a luxury hotel!!
30.07.2024
Opus Dei sells Urio Castle to the Belmond Group (LVMH). The property, in Carate Urio, on Lake Como, was sold for a figure close to between 50 and 100 million euros, according to market sources. Safe figure not confirmed as per MilanoFinanza and Il Sole24 ore sources…..
The preliminary contract, signed in November last year, was finalized in recent days by the two companies after the Vicar of Opus Dei for Italy, with his councils, decided to no longer use the house of spiritual retreats known as “Castello di Urio”, in use since the late 1950s.
That of Castello di Urio represents only the last chapter of LVMH's honeymoon with the luxury real estate of the Peninsula. A year and a half ago, in December 2022, in fact, the patron of the Parisian fashion house, Bernard Arnault, added the exclusive Casa degli Atellani in Milan to his collection of iconic assets. In that case, the value of the operation was around 50 million euros.
The preliminary contract, signed in November last year, was finalized in recent days by the two companies after the Vicar of Opus Dei for Italy, with his councils, decided to no longer use the house of spiritual retreats known as “Castello di Urio”, in use since the late 1950s.
That of Castello di Urio represents only the last chapter of LVMH's honeymoon with the luxury real estate of the Peninsula. A year and a half ago, in December 2022, in fact, the patron of the Parisian fashion house, Bernard Arnault, added the exclusive Casa degli Atellani in Milan to his collection of iconic assets. In that case, the value of the operation was around 50 million euros.
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Autumn Evening 2024 Friends of Como with TargetHouse®
29.10.2024
Last night, in Campione d'Italia, it was a real pleasure and honor to participate in the second event organized by the Friends of Como; we had a great time together with many people we knew and new people we pleasantly met for the first time. We would like to share that, even though we have only been here for a short time, we already feel a...
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