Sale of Full Ownership to Private Investors
Owner of the Public Asset
Region of Veneto.
Private Investor that Acquired/Leased the Public Asset
Canal Grande srl real estate company.
San Marco district, Venice.
Original Destination of Use
The palace is developed on six floors with two independent entrances that lead to a part for public use (offices and shops) and one for private use (apartments). The building is composed of property units owned by the Region of Veneto and the State used as offices and apartments by the two authorities. The final destination of use compatible with the structure could be residential, retail or office. Palazzetto Balbi, which served as the seat of Civil Engineering Offices until June 2016, belongs also to the Italian Public Property Agency by 12%.