Red Sea Global expands overseas with Sardinia resort
The Public Investment Fund-controlled developer holds a 90% stake in Santo Stefano Resort, while the remaining share is owned by Re.vo, a real estate investment firm controlled by members of the Benetton family
Daniele Venturelli/Getty Images
A coastal resort in Sardinia.
Saudi Arabia’s Red Sea Global is developing its first overseas destination, an island resort at Santo Stefano off the coast of Sardinia.
The Public Investment Fund-controlled developer holds a 90% stake in Santo Stefano Resort, while the...