According to the bank website, the project consists of the refurbishment and new construction of affordable housing for rent in central Milan. The units are owned by the CA GRANDA fund and managed by InvestiRE SgR.
The project is structured as an investment loan for the financing of eight main schemes located primarily in central Milan. One main scheme will entail the complete demolition and reconstruction of some 190 units for a total of 20 000 square meters. The remaining schemes will focus on the deployment of energy efficiency measures to increase the Energy Performance Class (EPC), as well as structural and safety measures.
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No contact information provided at the time of disclosure.
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