JLL acts as exclusive advisor in the sale of Hotel Bellevue Suites & Spa in Cortina d'Ampezzo, Italy
Strong international investor interest remains in the Italian hotels & hospitality market
London, August 02, 2022 – JLL has acted as the exclusive advisor in the sale of Hotel Bellevue Suites & Spa, located in Cortina d'Ampezzo, Italy.
JLL's Hotels and Hospitality team secured the sale of the property complex, which was acquired by Prodea Investments and Invel Real Estate through a closed-end real estate Alternative Investment Fund (AIF).
The hotel comprises seven floors with a total of 21 suites and 47 serviced apartments and offers a wide range of services including a spa and extensive parking facilities.
Claudia Bisignani, Head of JLL Italy Hotels & Hospitality, commented, "Italy remains one of the most relevant markets for the main players active in the hotel sector. Cortina currently represents one of the most attractive ski resort destinations for international operators, especially due to the upcoming 2026 Winter Olympic Games.”
Leonardo Gloor, Vice President of JLL Italy Hotels & Hospitality, added, “the sale of the Hotel Bellevue also confirms the strong interest in investments in resort destinations and repositioning opportunities".
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $19.4 billion, operations in over 80 countries and a global workforce of more than 100,000 as of March 31, 2022. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.