Milano, nuovo 5 stelle per Sina Hotels: 43 milioni di euro al Comune
🏠 Sina Hotels won the auction for a public building lease in Galleria Ciro Fontana, Milan, securing a 36-year contract at €1.2 million per year. The announcement, reported by Il Giorno, follows a previously unsuccessful bid for the property which aimed for mixed-use development. Sina Hotel's expansion project includes adding around 30 new rooms and suites, communal spaces, a restaurant, and a wellness area to their nearby Sina The Gray hotel. The city of Milan will receive over €43 million from the agreement. Any modifications to the heritage-protected complex require approval from the Superintendence.
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