Florence seeks investments for local real estate

According to a recent article published by Italy Europe 24-Il Sole 24 Ore, the City of Florence has decided to attract foreign investments for the repositioning of City-owned real estate assets. Florence’s local authorities intend to attract foreign investments for the conversion and renewal of properties that are currently abandoned or in a state of disrepair. Between former barracks, historic buildings and other public facilities an estimated total asset value of about € 360 million is in play, according to the Agenzia del Demanio (State Property Agency.) – READ THE ENTIRE ARTICLE ON ITALY24-IL SOLE 24 ORE

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