8
Brands
7
Destinations
13
Hoteles & Resorts
+580
Million in assets
Who we are?
Millenium Hospitality Real Estate SOCIMI (“MHRE”), is a fiscally efficient real estate vehicle specialised in the development and investment in hotels of differentiated quality in excellent locations, affording the possibility of participating in the constant growth of the tourism market in Spain and Portugal, especially in the high-quality segment.
MHRE has an important portfolio of assets under operation and in the process of repositioning and it is managed by a multidisciplinary team of professionals of recognised prestige and trajectory, boasting extensive experience in the different fields that affect the hotel investment industry: the real estate, financial, hotel and project development segments.
Strategy
MHRE's strategy is based on generating value through the acquisition of hotel assets for their transformation and repositioning into 5-star hotels.
Our experience shows that landmark real estate assets generate significant additional returns, both in terms of the yields obtained during their operation and in terms of their intrinsic value if, after careful selection of the locations, and the correct approach to the necessary investment, unique buildings are projected through design, interior design and the search for quality and exclusivity.
MHRE's targeted return is based on shareholder remuneration consisting of the annual distribution of dividends and the creation of value.