Sicilian Hospitality Portfolio Sale Procedure

Procedure

Description

Coldwell Banker Commercial is exclusive advisor for the Sale Procedure of the hospitality portfolio owned by AMT Real Estate S.p.A. and by Acqua Marcia Turismo S.r.l, located in Sicily (C.P.O. n. 44/2012 and n. 43/2012 – Liquidator Prof. Avv. Giorgio Lener).

After the previous sales operations of the hotels ” San Domenico Palace Hotel ” in Taormina and ” Hotel Des Etrangers & SPA ” in Syracuse, the following hotels located in Palermo have been officially awarded:

 

–  Grand Hotel Villa Igiea MGallery Collection – € 25.520.000,00 – 03.08.2018

–  Grand Hotel et Des Palmes € 12.000.000,00 – 23.07.2018

–  Mercure Excelsior Palermo € 8.808.000,00 – 23.07.2018
It will be possible to submit additional improved irrevocable offer 10% higher than the price of award within the date of stipulation as stated on the Sales Rules.

The still available hotel structure, the “Mercure Excelsior Catania” hotel, continues being object of interest by numerous investors.

Sale Rules and terms for the submission of expressions of interest and participation in the sale process of the real estate assets and related business companies, are available clicking on the box on the right side of the page under Documents section.