In March 2023, we acquired Capo Mimosa, a beachfront property in Cervo, Liguria to develop a contemporary, five-star beach resort with 90 suites, as well as a beach club, a restaurant and state of the art spa facilities.'
The asset is situated on 5.5 hectares of prime seafront land on a hill with unobstructed, panoramic views of the Mediterranean sea.
| Acquisition Date | March 2023 |
|---|---|
| Location | Cervo, Italy |
| Fund Name | ICE III |
| Sqm | 55,000 |
| Strategy | Repositioning |
