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DELANO Porto Cervo

Costa Smeralda | Italy
Analysis And Planning
Secure Investment
Development
Asset Management

DELANO Porto Cervo

Costa Smeralda | Italy
Analysis And Planning
Secure Investment
Development
Asset Management
OVERVIEW
Located in a renowned location in the heart of the Costa Smeralda and nestled between the suggestive inlet and the pink granite rocks, the resort will set new hospitality standards that will meet the refined demand of premium “tailor-made” Italian holiday.

The 32.9 millions allocated for the construction, development and refurbishment works will result in an added value of 46 M.
The overall investment period will last 7 years, with an exit value of 91 M and an investment multiple of 1,7. The opening is expected in 2023, 3 years after the acquisition.
Investment
82.4 M
Total exit value
91 M
Estimated IRR
13,4 %
DELANO Porto Cervo
THE VISION
An oasis one step away from the vibrant life of Porto Cervo.
The geographic position combined with a contemporary interpretation of the Sardinian traditional architecture is one of a kind. The resort will be a key destination for hosts that will look for an intimate but superior experience.
DELANO Porto Cervo
THE PROJECT
Nestled into the sparkling seaside of famed Sardinian in the heart of Costa Smeralda, the +11000 sqm resort will provide 68 premium and presidential suites.

The property will feature a world-class restaurant, lobby bar, pool bar, beach club, fitness studio and other hotel-related amenities developed as part of the hotel.
Sardinian culture is the real architect of this construction. Blending colors, scents, flavors, textures, and sounds of the local tradition in a unique experience; a place where the human being connects with the environment.
DELANO Porto Cervo
EXTRACT FROM THE OFFICIAL PRESS RELEASE
SBE, the leading international hospitality group that develops, manages and operates award-winning brands, today announced the expansion of the iconic DELANO brand in Europe.

DELANO Porto Cervo in Costa Smeralda, Sardinia, Italy, due to open by June 2023, represents the next phase of international growth for SBE and the DELANO brand in one of the most idyllic and sought-after travel destinations in the world. Celebrating its 25th year of offering trendy boutique hospitality to its customers, DELANO will continue its legacy of unparalleled luxury, relaxation and beauty in its new Sardinian location, which has long been a destination for the world's most discerning travelers.

SBE will acquire and redevelop the existing property in partnership with the private equity firm Quianto Capital and its strategic advisor and asset manager, ENMA Capital. With international expansion at the heart of SBE's strategic growth plan, the company will add nearly 50 new hotels to its portfolio nationally and internationally by 2021.

Immersed in the sparkling sea of the famous Sardinian resort Costa Smeralda, the 68-room property will undergo a complete redevelopment and refurbishment in line with DELANO's signature style.
A few steps from the romantic white sand beaches and dazzling marina of the Porto Cervo village, the destination has its roots in the rich Italian design of the famous architect Luigi Vietti. The property will house a first-class restaurant, lobby bar, pool bar, beach club, fitness room and other hotel-related amenities developed as part of the hotel.

Dakota Development, the subsidiary of SBE, led by president Joe Faust, will provide design and construction management services for the luxury project under development.

DELANO is a classic pioneer in the boutique hotel space, with Philippe Starck's DELANO South Beach credited with calling South Beach a coveted destination.
Located on the beautiful Costa Smeralda, the luxury resort is poised to leave a similar mark in Sardinia, embodying SBE's all-round lifestyle approach. As with any SBE hotel, DELANO's recognizable design point of view will be visible throughout the property with sophistication and ease that blend with timeless design.

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DELANO Porto Cervo
DELANO Porto Cervo