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A hotel giant will buy Hotel Bauer in Venice

A hotel giant will buy Hotel Bauer in Venice

Following the bankruptcy of Signa Holding von René Benko, the “Mohari Hospitality Group”, owner of the luxury hotel “Four Seasons”, is conducting exclusive transactions for the Erwb of the traditional Hotels Bauer in Venice. The purchase price is around 309 million. Euro, reports Italian media. The French tycoon Bernard Arnault has made the interest in the hotel clear, because he has chosen a luxury-being-hotel, that is.

Newer owners

The „Mohari Hospitality Group“ is said to have founded an Israeli-Canadian powerhouse Mark Scheinberg and specialized in luxury real estate. One of the weapons of mass destruction of Signa Lehnte a position statement on and explained, the insolvency procedure is not public. The Hotel Bauer is one of more luxury real estates, which will retain its own home in the insolvency of Signa Prime. It is not the only resort, the Signa in Italy, owns. The real estate portfolio is located in Villa Eden am Gardasee.

Signa buys 2019

With the sale of the Hotels Bauer, the company “King Street Capital Management” has been honored. Signa Real Estate has chosen the hotel 2019 of the Italian family Bortolotto, which covers this generation. With the Erwerb war of the plan one of the most extensive renovations, which has resulted in the completion of 90 luxury suites by 2025. Roads of the Signa-Schieflage will start the project.

Most modern, elegant Hotel

The Austrian entrepreneur Julius Grünwald and his wife were the first owners of the hotels. In 1930, the Hotel Bauer got a new owner, the Ligurian shipbuilder Arnaldo Bennati. Under his leadership, the hotel was completely restored. When the renovation puts an end to the rapid renovation, the hotel has become a new modern hotel. The Hotel Bauer in Liberty-Stil, dating from 1949 after the renovation, is the modern and elegant luxury hotel in Venice.