London & Regional Fund – The owner of Nobu Ibiza & Le Méridien BCN purchases the Kempinski Hotel in Estepona.

The British investment firm, London & Regional, is in the final stages of acquiring Estepona’s Kempinski Hotel Bahía.

This transaction, initially pursued by Azora and Daniel Shamoon, an associate of actor Robert De Niro’s investments in Spain, is anticipated to close at approximately €58 million, according to reports from El Confidencial.

In January 2022, London & Regional collaborated with the Dutch pension fund PGGM to jointly invest €1 billion in European hotels, with a specific focus on Spain, including Ibiza (as reported in London & Regional’s recent fund acquisitions, highlighting Spain).

The acquisition of the Kempinski represents another addition to London & Regional’s extensive portfolio, which already includes eight establishments in Spain: Le Méridien Barcelona, ME Ibiza & Nikki Beach, Innside Ibiza, Nobu Ibiza, Vincci Marbella Estrella del Mar, Sol Príncipe Torremolinos, Sol Palmanova, and Sol Lanzarote.

L&R Hospitality, a branch of London & Regional, currently manages three hotels in Ibiza (ME Ibiza & Nikki Beach, Innside Ibiza, and Nobu Ibiza Bay) in addition to other properties. With the acquisition of the Kempinski, L&R Hospitality aims to further demonstrate its ability to attract luxury brands and reposition assets as the current lease agreement approaches its end.

On the other hand, the British London & Regional Fund is on the verge of becoming the new owner of the Kempinski Hotel Bahía, a luxury establishment located in Estepona, adjacent to Marbella. Several knowledgeable sources have confirmed that the Livingstone brothers’ vehicle is in exclusive negotiations for the completion of the transaction, which could be imminent. The Kempinski Hotel Bahía, situated on the coast of Estepona, has been listed for sale at €60 million.

In addition, London & Regional Hotels owns and manages an extensive hotel portfolio, boasting approximately 23,116 bedrooms across the UK, Continental Europe, the US, and the Caribbean. Their collection includes select service hotels in Europe’s most desirable cities, opulent five-star assets, and stunning leisure resorts in exclusive locations such as Barcelona, Grand Cayman, Ibiza, London, Los Angeles, Mallorca, Monte Carlo, Turks and Caicos, Venice, and more.

The portfolio comprises Iconic Luxury Hotels, Atlas Hotels, City Hotels, and Destination (Country/Beach/Resort) Hotels. London & Regional also maintains multiple hotel brand partnerships with Accor, Fairmont, Hard Rock, Hilton, Intercontinental Hotel Group, Marriott, Melia, and Nobu.

Here are some notable properties in their portfolio:

Excelsior Venice Lido: 196 bedrooms, acquired in 2017.
Fairmont Monte Carlo: 596 bedrooms, acquired in 2007.
INNSiDE Ibiza: 375 bedrooms, acquired in 2017.
Le Méridien Barcelona: 331 bedrooms, acquired in 2014.
ME Ibiza & Nikki Beach: 200 bedrooms, acquired in 2014.
Nobu Ibiza Bay: 152 bedrooms, acquired in 2017.
Rhodes Bay Hotel: 357 bedrooms, acquired in 2017.
Sol Lanzarote: 341 bedrooms, acquired in 2017.
Sol Palmanova: 653 bedrooms, acquired in 2017.
Sol Principe: 799 bedrooms, acquired in 2017.
The Student Hotel Dresden: 306 bedrooms, acquired in 2022.
Titania Athens: 385 bedrooms, acquired in 2019.
Vincci Marbella Estrella del Mar: 137 bedrooms, acquired in 2016.

HOTELERA PADRON SA. It states that on September 26, 2023, this change in the company’s structure was registered in the Commercial Registry. The company CLAVITA SA is now the legal and formal owner of the shares or participations of HOTELERA PADRON SA. This indicates that HOTELERA PADRON SA is now a single-shareholder company, with CLAVITA SA being the sole proprietor.

This type of change in a company’s structure is commonly referred to as a “declaration of single-shareholder” or “Declaración de unipersonalidad” in Spanish. It means that the company is now controlled and owned by a single entity, in this case, CLAVITA SA. The details of this change were recorded in the Boletín Oficial del Registro Mercantil on September 26, 2023, with specific reference numbers for the entry in the registry.

Key trends encompass:

Growing families seeking international schools.
Apartments offering resort-like amenities.
Emphasis on spacious interiors.
Favouring new builds or ready-to-move-in homes.
Demand for secure, gated urban villas.
Willingness to pay extra for Branded Residences with added services.

Stefan Katafai offers a personalized approach to help you find the perfect property in Marbella that aligns with your budget and preferences. With his extensive network and market knowledge, Stefan will conduct a tailored search to identify suitable options for you, whether you’re interested in a luxurious villa, a beachfront apartment, or a charming townhouse.

Navigating the complex real estate market in Marbella can be daunting, but with Stefan’s guidance, you can proceed with confidence. He will provide comprehensive information about potential properties, including their location, amenities, market value, and investment potential. Stefan’s expertise in negotiations and deal structuring ensures that you make well-informed decisions and secure the best possible deal.

In addition to property search and acquisition, Stefan can assist you with other aspects of the purchase process. Whether it’s property reform, legal matters, or connecting with trusted professionals like lawyers, architects, and contractors, he has a wide network of contacts to streamline the experience for you.

If you’re considering a real estate investment in Marbella, reach out to Stefan Katafai today to discuss your requirements and benefit from his expertise. With his personalized approach and commitment to client satisfaction, Stefan will guide you towards a profitable and successful investment in the beautiful region of Marbella.

Contact information:

Stefan Katafai
Phone: +34 637 973742
Email: [email protected]

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