developing· Economy· Updated
White City Buildings Group Completes Four Italian Real Estate Deals Worth €130 Million
The Israeli real estate company White City Buildings Group has completed four transactions in Rome totaling approximately 130 million euros. The deals include the acquisition of two properties in central Rome for about 50 million euros, which the company plans to convert into luxury hotels, alongside the sale of two previously acquired and upgraded buildings.
3 newsrooms · 2 languages · since
What happened
- 01White City Buildings Group completed four real estate transactions in Rome totaling approximately 130 million euros.
- 02The company acquired two central Rome properties for 50 million euros to convert them into luxury hotels.
- 03One acquired property near Piazza del Popolo will become a four-star hotel, while another near the Spanish Steps will be a five-star hotel.
- 04The company sold the Toniolo project near Piazza Navona and the Rasella project near the Trevi Fountain.
- 05Isrotel is expanding in Rome with the 70-million-euro purchase of the Savoy hotel and the development of the La Scrofa hotel.
- 06The Fattal hotel chain acquired the Hotel dei Borgia in Rome in February 2025.
- 07White City Buildings Group has completed eight deals in Italy since entering the market four years ago.
One of the newly purchased properties is a 6,000-square-meter former private school in the Prati neighborhood near Piazza del Popolo, slated to become a four-star hotel. The second is a 3,000-square-meter building near the Spanish Steps and Via Condotti, which will undergo renovation to become a five-star hotel. Concurrently, the company sold the Toniolo project near Piazza Navona to Spain's Room00 hotel group and Italy's Kryalos investment fund, and the Rasella project near the Trevi Fountain.
These transactions are part of a broader wave of Israeli investment in Rome's hospitality market. The Isrotel hotel chain, operating under the Aluma brand, previously purchased the historic Savoy hotel for 70 million euros and is developing the La Scrofa luxury hotel. Additionally, the Fattal group acquired the Hotel dei Borgia in February 2025. White City Buildings Group has completed eight deals in Italy since entering the market four years ago, with plans to expand further into Milan and Venice.
Summarized by baba from the reports of 3 newsrooms. Updated
Latest report: Maariv. Read Maariv’s originalThe coverage
3 newsrooms on this story
Who covered it
- LeftNone
- Centre2
- RightNone
- HarediNone
- ArabNone
- Other1