Italy’s Borromeo Family Lists Islands to Rival Lake Como

Italy’s Borromeo family is listing a company managing real estate sites including a group of islands on Lake Maggiore, aiming to turn the area into a tourism and business hub to rival nearby Lake Como.

They plan to use proceeds from the listing of Kaleon SpA — originally founded in 1983 to manage the family estates at the lake in northern Italy — to develop the area and transform their business into a platform to oversee other historic and artistic sites in Italy and elsewhere.