Mohari buys Hotel Bauer in Venice – DiePresse.com

Following the bankruptcy of the real estate group Signa des Tiroler Firmengründers René Benko, the Mohari Hospitality Group, owner of the luxury hotel Four Seasons, has acquired the traditional Hotel Bauer in Venice. The prize prize is for an amount of 300 million euros, reported the Mailänder Wirtschaftszeitung “Sole 24 Ore” (Donnerstagsausgabe). 150 million euros have been invested in the modernization of 120 guests. Concerns the hotels of the Gruppe Rosewood.

The Mohari Hospitality Group is one of the most evil Israeli-Canadian big companies Mark Scheinberg who founded a luxury real estate company. Das Hotel Bauer is one of the top real estate properties that has its own home in the Signa Insolvency, and not the only resort, Das Signa in Italian hat.

Renovation by Signa-Pleite not carried out

With the Verkauf des Hotels Bauer, the Gesellschaft King Street Capital Management is beauftragt. Signa Real Estate found a hotel in 2019 from the Italian Bortolotto family. With the Erwerb war of the plan one of the most radical renovation projects, which will see the creation of 90 luxury suites until 2025. Wegen der Signa-Schieflage would place the project on Eis.

The Austrian Unternehmer Julius Grünwald and his wife were the first owners of the hotels. In the year 1930, Hotel Bauer became a new owner, the Ligurian Schiffbauer Arnaldo Bennati. The next step was to ensure that the hotel was fully restored. The major renovation is continuing quickly. The Hotel Bauer in Liberty-Stil, dating from 1949 after its renovation, is the modern and elegant luxury hotel in Venedig. (APA)