Property Development specialist active in up-scale residential projects located in ski-resorts in France.
They are contemplating the acquisition and development of a 7,700+ sqm 4* hotel into a 13 apartments building in a prime location (ski-in / ski-out) in a fast-growing and very well situated ski resort in the French alps. The renovation will respond to the highest standards in durability and sustainability and will include a restaurant and a wellness centre.
The works will start in May 2022 and the apartments will be sold by the end of 2024.
They are looking for €15m - mezzanine debt - guarantees