Sources said to BeBeez that Mohari Hospitality and Omnam Investment Group paid 300 million euros for acquiring Hotel Bauer Venice, an asset that previosuly belonged to troubled Austrian real estate investor Signa (see here a previous post by BeBeez). Mark Scheinberg is the founder of Mohari Hospitality while David Zisser created London’s Omnam. The buyers received assistance from Kryalos, DLA Piper, Deloitte, Eastdil Secured, CBRE, and Cushman & Wakefield. Previous press reports said thet Hotel Bauer also attracted the interest of Bernard Arnault, the foudner of LVMH Moët Hennessy Louis Vuitton, sovereign funds and special situations player Attestor which tabled a joint bid with Schoeller.
Garbe Industrial Real Estate Italy, part of German Garbe Industrial Real Estate,acquired a 265000 sqms land in Tortona for developing a logistic asset of 102000 sqms (see here a previous post by BeBeez). Garbe retained DLA Piper and CBRE. Marco Grassidonio and Mariangela Conte are Garbe Italy’s country head and Head of Asset Management.
Praemia REIM Italy invested 100 million euros for launching Article 8 – SFDR (Sustainable Finance Disclosure Regulation) student housing funds Camplus Sviluppo for the development of new projects, and Camplus Long Term for investing in brownfield (see here a previous post by BeBeez). Camplus will manage the residences. Praemia REIM Italy is holding talks with investors for raising further resources. CDP Real Asset subscribed 50% of Camplus Sviluppo that is developing projects in Rome (Via Ostiense – 110 bedrooms), Naples (Via Torino – 142 bedrooms), Pescara (Viale Marconi – 185 bedrooms), and Padova (Via Turazza – 230 bedrooms). Three of these projects will receive the Nearly Zero Energy Building certification. Camplus Long Term will invest 20 million in the student halls in Milano (Via Stamira d’Ancona) and Bologna (Via del Carpentiere). Luca Turco is the ceo of Praemia REIM Italy.
Venice-based luxury shopping mall Fondaco dei Tedeschi, an asset that Hong Kong’s DFS Group manages and that LVMH owns, will close its activities in 2025 due to financial troubles (see here a previous post by BeBeez). In the last five years, Fondaco dei Tedeschi generated total losses of above 100 million euros.
