Grupo Pestana planning to turn Hotel Madeira Palácio into a residential property, makes a EUR 45m offer
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07 APR 2021
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Intel ID : 323448
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| Intel ID | 323448 | ||
| Value | EUR 45,00m (Approx.) | ||
| Native Currency | Euro (EUR) | ||
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Financial Data - Grupo Pestana
(31 Dec 2022) |
Revenue: EUR 423,96m EBITDA: EUR 172,77m Net Debt: EUR 558,99m People: 2590 |
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Bidder
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| Primary Sector (TTRSC) |
15.10.06 Hotels, Resorts & Accommodations 15 Consumer Products & Services / 15.10 Travel, Hospitality & Leisure |
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Target
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| Primary Sector (TTRSC) |
15.10.06 Hotels, Resorts & Accommodations 15 Consumer Products & Services / 15.10 Travel, Hospitality & Leisure |
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| Secondary Sectors (TTRSC) |
25.03.99 Other Real Estate 25 Financial Services / 25.03 Real Estate |
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Legend:
Verified: Confirmed as a party to an active or possible transaction.
Potential: Unconfirmed as a party to an active or possible transaction.
Retained: Confirmed as “Retained” with a general or specific mandate.
Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.
Transactional data is continuously updated by the research team and therefore is subject to change.