Just a few days ago Corinthia Hotels (MSE: IHI), the Maltese hotel group, announced the expansion of its activities on US soil with the acquisition of the management of “The Surrey”. The New York complex is a 5* of 97 keys, acquired in 2020 by Reuben Brothers and which will undergo a complete refurbishment process....Read More
The new hotel under construction in the residential complex developed by the Federici Costruzioni Group in the Grottarossa area of Rome will be a Four Points by Sheraton (Marriott). On Italian soil, the Four Points structures currently operating are 6, for a total of 1,114 keys. The new opening would represent the first brand operation...Read More
Hilton recently announced the opening of the first hotel of the brand “Canopy” on French soil. The “Canopy by Hilton Paris Trocadero” hotel, located in Paris, has 123 keys and was created from the redevelopment of a 1930s building complex. The Canopy brand, still not present on Italian soil, should make its debut in Venice...Read More
KOS further sells the ownership of residential care homes structures from their portfolio. After the Sale-and-Lease-Back operation that took place in April, which had seen the acquisition of 3 RCHs (2 in Florence and 1 in Novara) owned by InvestiRE SGR, the KOS Group (an operator specialized in the management of healthcare facilities) sold the...Read More
Azora, a leading real estate investment company (with a particular focus on the hospitality asset class), has purchased the Giverola resort (Spain) from the Swiss group Arenas. The complex acquired, located on the seafront, has 213 apartments, a glamping (luxury camping), five restaurants and bars, sports facilities, swimming pools and a SPA, all spread over...Read More
Piazza Hotels & Residences, a medium-sized domestic hotel group, recently finalized, with the support of Invitalia, the issue of a bond loan. The operation, one of the first in Italy, includes the subscription by Invitalia (through the “Fondo Patrimonio PMI”) of the newly issued bonds. The redemption of the bonds takes place at the end...Read More
The details of the regeneration project of the area around the Ventimiglia Marina have recently been published. Namira SGR (owner of the complex), with the support of anchor investor Robert Thielen (founder of Waterland, active in four continents with personal investments in 20 countries) will invest, through the BDF fund, over EUR 200 million in...Read More
Just a few days from the acquisition of the two Hiltons in Florence by Pygmalion Capital, the purchase of another asset in the square of Florence has just been finalized. Castello SGR finalized the deal through the Star II fund. The property subject of the transaction is the former NH Anglo American Hotel (apparently no...Read More
Pygmalion Capital Advisors, a London-based investment firm, has acquired a portfolio of two hotels in Florence. The value of the transaction has not yet been revealed. The portfolio consists of 333 rooms in total and includes the 212-key Hilton Florence Metropole and the 121-key Hilton Garden Inn Florence Novoli. The two hotels, both of which...Read More
The Crescita Equity Fund is the new project promoted by Cassa del Trentino SpA and is envisaged as a new financial tool for Trentino companies aimed at encouraging the productive recovery and growth of local businesses. The tool, which aims to raise resources from both institutional and private investors, starts from a base of at...Read More
