Juventus is looking for one or more partners to develop the Continassa area north-west of Turin, an area of 260 thousand square meters, where it has already built the new stadium and where it now intends to build headquarters, a sports centre, a hotel, an commercial, a cinema and residences.
Among the suitors, according to Radiocor, there is also Beni Stabili which has proposed, through its asset management company Beni Stabili Gestioni, the establishment of a real estate fund into which the area will merge.
The project has been brought to the attention of the board of directors of the management company headed by Leonardo Del Vecchio for an initial examination, but at the moment there are no exclusives and Juventus does not neglect alternative hypotheses.
Investments in the Continassa area are estimated at a total of 345 million, of which 140 million already made through the construction of the new stadium. Between the headquarters and the sports centre, the football club expects to invest another thirty million euros, in addition to the 11,7 million paid to the city of Turin in mid-June to purchase the surface rights.
