A large-scale resort complex, encompassing over 15,000 square meters of real estate, has been successfully sold. The property is strategically situated in a prime resort location and occupies 1.77 hectares of land. The facility is a multi-faceted asset featuring a 4-star hotel comprising 190 guest rooms.
Complementing the lodging are extensive amenities, including a conference center equipped to accommodate approximately 500 participants across eight dedicated meeting rooms. Additional features include a leisure center with bowling and billiards facilities, a café, a winter garden, and necessary administrative premises. The successful divestment of the complex was executed by managing the sale process at the conclusion of the Fund’s operational life.
This management ensured favorable terms for the investors, resulting in a sale price that exceeded the independent valuation metrics utilized during the last GAV calculations. This outcome successfully secured the anticipated return for the investors throughout the duration of the Fund. Financially, the investment generated an average annual return in the double digits after all applicable taxes.
Furthermore, the structure provided investors with a guaranteed return upon the completion of the Fund’s lifecycle.
Topics: #complex #real #estate
