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First Sponsor to acquire disputed former Grand Hotel Puccini building in Milan for $14.4 mil

Michelle Zhu
Michelle Zhu • 2 min read
First Sponsor to acquire disputed former Grand Hotel Puccini building in Milan for $14.4 mil
SINGAPORE (Jan 25): First Sponsor’s indirect wholly-owned subsidiary FS Milan Property is acquiring a former hotel building in Italy for 9.3 million euros ($14.4 million) from Fondo Kona, a real estate close-ended alternative investment fund controlled
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