Reuben Brothers acquire property in central Rome for a luxury hotel to be managed by Corinthia Hotels
Reuben Brothers have acquired a historical property in the centre of Rome and have entered into a contractual arrangement with Corinthia Hotels for the development of an ultra-luxurious hotel.
The property was formerly the site of the Italian Central Bank in the square outside Parliament.
Jamie Reuben, the Managing Director of Reuben Brothers, said the acquisition is an important step toward the development of a luxury hotel in Rome. Corinthia CEO, Simon Naudi, said he is highly pleased with this acquisition.
In a statement he said work is expected to commence at the start of the coming year.