Hi everyone,
Happy Friday from a chilly and grey fashion week in Milan.
Hotel people: I’ll be speaking at the Leading Hotels of the World Conference in London this weekend. Please do say hi and introduce yourselves!
It was great running into the familiar fashion industry faces at Prada yesterday evening, but what struck me was that fashion people were more excited about the openings of Soho House and Six Senses in Milan, rather than fashion week itself.
This evening I’ll be supporting The Attico, one of my favorite independent brands from Milan. The two co-founders, Giorgia Tordini and Gilda Ambrosio, sold a 49% stake in the brand to Remo Ruffini’s Archive Srl in 2018. Remo Ruffini made his fortune turning distressed skiwear brand Moncler into an Italian IPO unicorn story. Remo Ruffini also owns a 40% stake of Langosteria Holdings, the group behind the restaurant a lot of you Americans love to visit when you’re in Milan.
Thank you
for sharing my recommendations for Milan.In today’s newsletter:
In Paris: a private equity investor is selling 3 central hotels to pay down debt
Aman’s latest opening will compete with luxury African safari incumbents
The Stanza Deal Sheet: hotels are hot, but so are consumer apps aiming to curate travel & dining experiences
In Beverly Hills: what’s replacing the failed Cheval Blanc project?
The Stanza Classifieds: A real estate developer in Portugal is raising money to build a wavepool & hotel project
Milan fashion week: Demna’s Gucci is hopeful and Prada’s utilitarianism is a reflection of the current state of the world
Investment Opportunity: wavepool & hotel development project in Portugal
An experienced local sponsor with a track record (delivered over €100M+ in projects) is seeking to raise an additional €10M+ in equity (€30M has already been raised) to fund a wavepool & hospitality project near Lisbon, one of the first in Europe. In addition to a wavepool, hotel, and aparthotel, the 10+ hectare development comprises several amenities geared towards surfers and families, such as a coworking and F&B spaces.
If you are an institutional development debt provider, there is also an opportunity to provide the €43M senior construction financing at 55% LTC for the project as that will be next step in the funding process.
**Please note that only qualified buyers will be contacted due to the volume of inquiries.**
View all live listings here.
Have a luxury home to rent? A property to sell? Or perhaps a secondhand collectible watch? Advertise with The Stanza Classifieds: via classifieds@thestanzamedia.com.
