A plot of land in the Svalbard archipelago is put up for sale

A plot of land in the Svalbard archipelago has been put up for sale for €300 million.

As stated in the material, in the high latitudes of the Arctic, a plot of land the size of Manhattan of geopolitical significance is being sold for €300 million ($323 million).

It is clarified that this happened after the warmest summer was recorded in the Arctic last year, and in the Svalbard region there was less sea ice as a result of climate change.

Lawyer Per Killingstad said it was the last private site on the nine islands of the archipelago.

In December, the children of former Italian Prime Minister Silvio Berlusconi decided to put up part of the inherited real estate for sale.