Electra Real Estate sold the London’s hotel that acquired in 2022 with a deal worth in the region of 70 million GBPs. The fund will invest 100 million euros in the Wine Retreatments chain
Swiss Limestone Capital, a firm with focus on the leisure sector, said it acquired Nobu Hotel London Shoreditch, a luxury asset where a restaurant of reknown Japanese chef Nobu Matsuhisa is available (see here the press relase). The fund also acquired the majority of Loisium Wine & Spa Hotels, a chain with wine retreatments in Europe, and committed to invest more than 100 million euros in the next 12 months for developing four new assets in Italy and France (see here the press release).
CoStar reported that Limestone acquired Nobu Hotel London Shoreditch from Tel Aviv’s Electra Real Estate which purchased the asset in March 2022 for 69.9 million GBPs from LaSalle Investment Trust.
The asset has164 rooms, a luxury restaurant, fitness facilities, spas, and more than 3000 sqms venues for events. Limestone owns hotels in France, Italy, Spain, and Portugal. Nobu Hotel London Shoreditch is its first asset in the UK.
Benjamin Habbel, the co-founder and ceo of Limestone Capital, said: “We are delighted to add the Nobu Hotel London Shoreditch to our portfolio as we continue to expand our presence in key cities. This acquisition underscores our confidence in the resilience of the London hotel market and supports our strategy of acquiring well-located assets with strong value-add potential”.
Jeff Coe, cofounder and partner of Limestone Capital, assed: “This property represents an attractive opportunity in a very desirable location. Our goal remains to acquire prime real estate to enhance its performance and long-term value”.
Loisium Wine & Spa Hotels owns Loisium Wine & Spa Hotel Champagne (101 rooms) in France, Loisium Wine & Spa Resort Südsteiermark (102 rooms) and Loisium Wine & Spa Hotel Langenlois (112 rooms) which are both in Austria.
Laurent Branover, the ceo of Loisium Wine & Spa Hotels, commented: “Our vision is to establish the leading wine tourism brand in Europe, with a commitment to expansion and the creation of a global brand. We are open to partnerships with hotel developers around the world who share our passion for wine”.
Habbel added: “Loisium represents an exceptional hospitality concept with strong growth potential. We are excited to offer our experience and support the brand in expanding into new markets, while preserving its unique DNA. Loisium’s established locations in Austria and France have already proven the success of this concept on an international scale. The planned expansion into Italy and other destinations in France is the next milestone in this journey”.
In March 2024, Limestone Capital acquired and refurbished Aethos, a hotel with 64 rooms and suites in Sardinia (see here the press release). In February 2025, the fund led a 4 million euros round for investing in Ydun, a startup which integrates artificial intelligence-based technology with expert technician assessments to create tailor-made fitness programmes focused on longevity. The company also attracted the resources of angel investors. Such proceeds will finance the opening of Ydun’s offce in Milan, close to Piazza Duomo, and lay the foundations for the business European expansion (see here a previous post by BeBeez).
