Italian television group Rai has decided to extend the deadline for non-binding offers for Venice's Palazzo Labia until 21 May. The company has been approached by more than 30 international and local investors since it has put the 7,500 m[sup]2[/sup] historic property up for sale. Located in the centre of Venice - with direct frontage onto the Canale di Cannaregio and views upon Canal Grande - the asset is worth up to EUR 60mln. Rai has hired advisory firm Reag to market the property.
Italian television group Rai has decided to extend the deadline for non-binding offers for Venice's Palazzo Labia until 21 May. The company has been approached by more than 30 international and local investors since it has put the 7,500 m2 historic property up for sale. Located in the centre of Venice - with direct frontage onto the Canale di Cannaregio and views upon Canal Grande - the asset is worth up to EUR 60mln. Rai has hired advisory firm Reag to market the property.
