BUYING ITALY

Eagle Hills, Coima launch $463 million redevelopment of Rome’s Guido Reni Barracks

Eagle Hills founder Mohamed Alabbar also recently purchased the historic Castello di Antognolla in Umbria for $55 million

Coima

Guido Reni Barracks

Abu Dhabi’s Eagle Hills and Italy’s Coima will jointly invest $463 million to transform Rome’s Guido Reni Barracks in the Flaminio district, as cash-rich UAE developers increasingly eye overseas projects.

The Rome initiative builds on Eagle Hills’...