The Palace Company completed the acquisition of Via delle Vergini property for €150m.

The Palace Company, an international hospitality conglomerate, completed the acquisition of property located on Via delle Vergini in Rome, for €150m. “This acquisition represents a significant milestone in our European expansion strategy. The property on Via delle Vergini offers exceptional potential for development into a landmark luxury hotel that will combine the building’s rich heritage with our renowned international standards of excellence. We look forward to creating an extraordinary hospitality experience that will honor the cultural significance of this location while delivering the unparalleled luxury our guests expect,” Gibran Chapur, The Palace Company CEO.