J-Village launched

Accademia SGR S.p.A., the asset management company controlled by Banca del Sempione S.A., started up operation of the “J Village” Real Estate Fund for the redevelopment and upgrading project of most of the Continassa Area, adjacent to the Juventus Stadium, promoted by Juventus Football Club S.p.A..

Accademia SGR has handled collection of investment commitments of various subscribers for a total of € 53.8 million and finalised the binding agreement with the lending institutions of the J Village Fund, UBI Banca S.c.p.A. and Unicredit S.p.A., for a maximum of € 64.5 million.