In a rare Portuguese opportunity in terms of both asset quality and values, we have the exclusive off-market mandate to divest 2 extraordinary hotel assets in prime Lisbon and Porto locations with a guaranteed minimim yield of +5% by AAA rated international operators:

€220m Lisbon central 5-star hotel with +5% yield
+35.000m2 construction with +300 rooms
+20 years of luxury brand management contract
Landmark luxury hotel with recent refurbishment

€65m Porto central 5-star hotel with +6% yield
+20.000m2 construction with +200 rooms
+20 years of luxury brand management contract
Landmark luxury hotel with recent refurbishment

The locations are both downtown with unblocked views over the cities.

The operators have successfully been running the hotels for years and have long term break clauses to secure the investors return.