Foruminvest Italia has signed the preliminary purchase agreement for a land plot of 1.15 ha for hotel development of 240 rooms and 120 parking spaces.
The seller is Villa Carmen Srl, an Italian joint venture between Schiphol Real Estate and an Italian partner. The purchase price was not disclosed.
The hotel will be located right in front of the international terminal of Malpensa Airport (Milan), on the grounds of Vizzola Business Park. Milan Malpensa Airport is the largest international airport in Northern Italy. In 2019, the airport handled approximately 28.8 million passengers.
The site is easily accessible from the A4 and A8 highways. The Malpensa Express train, connecting the airport to Milan city centre, is within walking distance.