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The largest owner of European real estate is the Vatican

by alex

Sources in the Vatican unveiled sensational news – in the most famous European capitals – Paris, London, as well as in Geneva, Switzerland, the Holy See owns about a thousand properties worth more than a billion dollars.

“If you think that the Vatican owns most of the real estate in Rome, then you are wrong,” says the head of the Administration of the Property of the Holy See, Nuncio Galantino . – The Vatican owns luxury houses in the prestigious districts of London, Geneva and Paris.

In the French capital, the Vatican owns houses between the Boulevard Saint-Michel, the Odeon district and the Champs Elysees. This is no less than 37 properties with a total area of almost 56 thousand square meters. meters.

In London, the Vatican has 27 properties located between St. James Square, Kensington and New Bond Street, which are worth more than $ 130 million.

In Geneva and Lausanne, Switzerland, the Holy See owns 140 houses, valued at $ 110 million.

The total value of all European assets is over $ 1 billion.

– All these houses and buildings were acquired over a century ago, – said Galantino, who is a confidant of Pope Francis.

In the Italian capital, the Vatican has 2,400 apartments and 600 non-residential premises. They bring almost 100 million euros to the Catholic treasury every year. The Vatican rents part of the apartments, part of it gives free to schools and universities, the rest is used for its own needs.

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