Activated in 2015, the Hotel sub-fund focuses on investments in hotel and/or similar properties (hotels, resorts, period residences, tourist villages, bed & breakfasts, spas, beauty farms and residences). It is based on an investment strategy oriented to investments in both running, profitable facilities and other sites for redevelopment and enhancement.
The objective of the Hotel sub-fund is to determine the best possible repositioning for each building, along with the most effective enhancement strategy, while also ensuring scouting activities and negotiating with future lessees/managers.
All buildings in the Hotel sub-fund feature:
- a strategic position (for facilities destined for business clients, locations in key city centres, convention centres, trade fairs are preferred);
- easy access;
- high quality of the premises;
- quality fittings.
In December 2015, 8 buildings were purchased for hotel facilities in Italy, in the provinces of Milan, Rome, Cagliari and Aosta. Five of these also have retail premises.