Investments

Consolidation of five privately-held chalets into a single branded collection ahead of the 2026 Winter Olympics catalyst.

Chalets

5

Bedrooms

34

Target IRR

20%

Pre-development land bank for a 12-hectare coastal mixed-use scheme combining residences, retail, and a 140-key hotel.

Site

12 ha

Hotel

140 keys

Status

Entitlement

TAMA-38 redevelopment of a Bauhaus-era block into 24 premium residences with ground-floor retail and underground parking.

Units

24

GFA

3,200 m²

Target IRR

19%

Eight villa portfolio on Cyprus's western coast operated under a single hospitality brand with centralised booking and concierge.

Villas

8

Avg. nightly

€780

Gross yield

9.4%

Joint venture with a Polish developer to build a 42,000 m² last-mile logistics park serving Warsaw's outer ring road.

GFA

42,000 m²

Pre-let

68%

Target IRR

21%

Adaptive reuse of a 19th-century granite building into 18 short-stay apartments plus a ground-floor café and wine bar.

Units

18

GFA

2,400 m²

Target IRR

17%

Twelve-unit branded chalet development with a hotel operator partner, revenue-share on nightly rates, and year-round programming.

Units

12

Avg. ADR

€1,850

Occupancy

72%

Acquisition of an under-managed 9,200 m² office asset in New Belgrade, ESG-retrofit and re-lease to tech occupiers.

GFA

9,200 m²

Retrofit

BREEAM Very Good

Target IRR

18%

Ground-up development of an 11,500 m² Grade-A office building pre-let to a pan-European fintech anchor tenant.

GFA

11,500 m²

Anchor tenant

14-yr lease

Realised IRR

14.2%

Prime high-street retail on Ledra Street, re-tenanted with flagship F&B and sold to a regional REIT.

WAULT

9.4 yrs

NOI growth

+41%

Realised IRR

16.5%

Acquisition and repositioning of a 48-key boutique resort, lifting RevPAR by 63% over 26 months and exited to a strategic operator.

Keys

48

RevPAR uplift

+63%

Realised IRR

22.1%

Acquisition and full refurbishment of a 22-unit residential block in Athens's Kolonaki district, sold to a local institutional buyer.

Units

22

Hold

28 months

Realised IRR

19.8%

Ground-up development of a 120-key lifestyle hotel in Crete with a wellness-focused operator.

Keys

120

ADR

€1,167

Occupancy

89%

Joint venture with a local developer to build a 8,400 m² last-mile logistics park serving Tirana.

GFA

8,400 m²

JV split

50/50

Status

Entitlement

Joint venture with a local developer to build a 3,200 m² last-mile logistics park serving Belgrade.

GFA

3,200 m²

JV split

60/40

Status

Capital raise

Ground-up development of a 8-unit residential block in Nicosia, with ground-floor retail and secure parking.

Units

8

GFA

2,400 m²

Realised IRR

13.2%

Acquisition of a seafront plot in Ayia Napa for a branded residences development with a luxury operator partner.

Keys

84

ADR

€1,502

Occupancy

73%

Acquisition and repositioning of a 26,000 m² asset in Berlin's central core, targeting institutional tenants on long leases.

Units

48

GFA

26,000 m²

Realised IRR

16.6%

Acquisition of a 6,200 m² Grade-B office, ESG-retrofit and re-lease to tech and creative occupiers.

Units

24

GFA

6,200 m²

Status

Capital raise

Full refurbishment of a 48-unit rental block in Rome, lifting rents to market and stabilising for institutional exit.

Units

48

GFA

2,400 m²

Status

Capital raise

Acquisition and repositioning of a 140-key boutique resort in Nice, upgrading F&B and raising RevPAR.

Keys

140

ADR

€1,678

Occupancy

63%

Full refurbishment of a 22-unit rental block in Vienna, lifting rents to market and stabilising for institutional exit.

Units

22

GFA

11,500 m²

Realised IRR

22.8%

Eight-villa portfolio operated under a single hospitality brand on Amalfi's coast, with centralised booking.

Keys

84

ADR

€1,242

Occupancy

78%

Assembly of three adjacent plots in Larnaca for a single mixed-use scheme — residential above, retail at grade.

Units

24

GFA

4,500 m²

Realised IRR

15.6%

Full refurbishment of a 18-unit rental block in Berlin, lifting rents to market and stabilising for institutional exit.

Units

18

GFA

6,200 m²

Target IRR

22%

Full refurbishment of a 48-unit rental block in Milan, lifting rents to market and stabilising for institutional exit.

Units

48

GFA

11,500 m²

Target IRR

21%

Branded chalet development in Sardinia with a hotel operator partner on a revenue-share for nightly lets.

Keys

120

ADR

€1,372

Occupancy

65%

Acquisition and repositioning of a 8,400 m² asset in Vienna's central core, targeting institutional tenants on long leases.

Units

36

GFA

8,400 m²

Realised IRR

16.8%

Eight-villa portfolio operated under a single hospitality brand on Crete's coast, with centralised booking.

Keys

140

ADR

€1,816

Occupancy

71%

Pre-development land bank in Antalya for a 40-hectare coastal mixed-use scheme.

GFA

42,000 m²

JV split

70/30

Realised IRR

21.8%

Adaptive reuse of a heritage building in Tel Aviv into 12 premium residences with an internal courtyard and co-working space.

Units

12

GFA

2,400 m²

Target IRR

16%

Acquisition of a seafront plot in Mykonos for a branded residences development with a luxury operator partner.

Keys

120

ADR

€1,195

Occupancy

67%

Acquisition and repositioning of a 8,400 m² asset in Milan's central core, targeting institutional tenants on long leases.

Units

30

GFA

8,400 m²

Realised IRR

21.5%

Consolidation of 48 privately-held villas in Crete into a single branded collection for short-let operation.

Keys

36

ADR

€529

Occupancy

67%

Assembly of three adjacent plots in Berlin for a single mixed-use scheme — residential above, retail at grade.

Units

18

GFA

4,500 m²

Target IRR

16%

Branded chalet development in Zermatt with a hotel operator partner on a revenue-share for nightly lets.

Keys

84

ADR

€1,793

Occupancy

88%

Acquisition and repositioning of a 6,200 m² asset in Nicosia's central core, targeting institutional tenants on long leases.

Units

16

GFA

6,200 m²

Realised IRR

18.3%

Assembly of three adjacent plots in Athens for a single mixed-use scheme — residential above, retail at grade.

Units

8

GFA

8,400 m²

Realised IRR

22.9%

Acquisition of a 26,000 m² Grade-B office, ESG-retrofit and re-lease to tech and creative occupiers.

Units

36

GFA

26,000 m²

Target IRR

20%

Full refurbishment of a 60-unit rental block in Larnaca, lifting rents to market and stabilising for institutional exit.

Units

60

GFA

2,400 m²

Realised IRR

23.5%