Italian property services firm Prelios has been instructed to sell two holiday resorts and a development land plot in southern Italy for an undisclosed amount.
The assets, located on the island of Favignana and in Capo RIzzuto, provides a total of 700 rooms and have not been operational for the past two years since its owner, Valtur SpA, went into administration in March 2018.
The plot of land is located in Santa Croce Camerina near Ragusa and was due to house a new resort.
Nicola Giorgini, Prelios Agency's director of Capital Market, said that the operation is part of a wider valorisation of the Valtur group's assets, as part of the judicial administration procedure. 'This is a particularly interesting opportunity [...] given the significant value that the revitalization of the structures would bring to the local economies,' he said.
Prelios Agency is working jointly with EY for the technical and promotional side.
