Who are we?
Who are we?
Millenium Hospitality Real Estate SOCIMI (“MHRE”) is a fiscally efficient real estate vehicle that specialises in developing and investing in high quality hotels in excellent locations. These hotels provide the opportunity to partake in the constant growth shown by the tourism market in Spain and Portugal, especially in the high quality segment.
MHRE has a large portfolio of assets currently under operation and in the process of being repositioned. This portfolio is managed by a multidisciplinary team of prestigious professionals with extensive experience in the fields involved in the world of hotel investment: real estate, finance, hotels and project development.
MHRE’s strategy is based on generating value by acquiring and repositioning hotel assets, whether currently operational or which are liable to redevelopment, emphasising the careful selection of properties and their location in both urban areas and consolidated tourism hubs. MHRE focuses on high quality tourism and is committed to ADR growth. In that regard, MHRE creates and develops emblematic projects operated by major chains and high quality operators.
MHRE is listed on the MAB since 4th of July 2019.