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Unicredit finances the Student Hotel with 145 million euros

The Student Hotel has recently announced the closing of an agreement with Unicredit that provides a loan, for the Amsterdam-based chain, equal to 145 million euros. After the openings in Florence and Bologna, the 145-million-euro loan from Unicredit will allow the group to develop two new locations: in Rome San Lorenzo (formerly Dogana) and Firenze Belfiore. As part of generating a positive social impact on the territory, the projects will support the redevelopment of the San Lorenzo (Rome) and Belfiore (Florence) districts, renewing the areas in favor of local communities and expanding the availability of student housing in both cities.
Other pipelined properties in Italy include The Student Hotel Torino, with 520 keys, and The Student Hotel Firenze Manifattura Tabacchi, with 320 keys (?), which would lead the group to reach 6 properties in Italy.