{"id":42878,"date":"2026-09-24T11:54:37","date_gmt":"2026-09-24T10:54:37","guid":{"rendered":"https:\/\/www.alantra.com\/?post_type=ib-transaction&#038;p=42878"},"modified":"2026-10-07T08:46:00","modified_gmt":"2026-10-07T07:46:00","slug":"hotei-properties-strategic-advisory-fairness-opinion-sancus-capital","status":"publish","type":"ib-transaction","link":"https:\/\/www.alantra.com\/es\/ib-transaction\/hotei-properties-strategic-advisory-fairness-opinion-sancus-capital\/","title":{"rendered":"Alantra advises Hotei Properties in connection with Panwick Project\u2019s public tender offer"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Madrid \u2013<\/strong> Alantra has acted as independent financial advisor to Hotei Properties Group SOCIMI, S.A. (\u201cHotei Properties\u201d or the \u201cCompany\u201d), providing an independent valuation and issuing a fairness opinion in connection with the public tender offer announced by Panwick Project, an investment vehicle associated with Sancus Capital.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Hotei Properties is a listed real estate investment company focused on five-star luxury hotels in Spain. Following its recent portfolio rotation, the Company\u2019s hotel portfolio comprises six properties across Madrid, Seville and San Sebasti\u00e1n, including JW Marriott Madrid, Radisson Collection Sevilla, or Nobu San Sebasti\u00e1n. Hotei\u2019s strategy is centered on acquiring well-located properties for their transformation into five-star hotels and establishing agreements with national and international hotel operators.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As part of its mandate, Alantra performed a comprehensive valuation analysis of Hotei Properties, taking into account the Company\u2019s underlying hotel portfolio, business plan, capital structure, recent and contemplated asset disposals, prevailing market conditions and relevant valuation benchmarks. Based on this analysis, Alantra provided the Company\u2019s relevant corporate bodies with an independent financial assessment of the consideration offered under the tender offer.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.alantra.com\/team-member\/miguel-hernandez\/\">Miguel Hern\u00e1ndez<\/a>, Managing Partner &amp; Executive Chairman of Investment Banking, said: \u201cThis mandate reflects Alantra\u2019s ability to combine deep Real Estate and Hospitality expertise with independent corporate finance advice, bringing together a detailed understanding of the underlying assets with rigorous valuation capabilities.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.alantra.com\/team-member\/jorge-roa\/\">Jorge Roa<\/a>, Managing Director at Alantra, added: \u201cOur analysis considered Hotei Properties from both a corporate and underlying asset perspective, providing its corporate bodies with an independent and well-supported financial framework to assess the offer consideration.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This transaction further reinforces Alantra\u2019s track record across Real Estate advisory, following its recent advice to <a href=\"https:\/\/www.alantra.com\/ib-transaction\/re-capital-debt-advisory-debt-refinancing-arrow-capital\/\">REIS \u2013 Real Estate Investment Strategies<\/a> on securing up to \u20ac55mn of senior financing for a residential development in Lisbon, <a href=\"https:\/\/www.alantra.com\/ib-transaction\/neinor-homes-ma-joint-venture-merger-stoneshield\/\">Neinor Homes<\/a> on the design and structuring of a joint venture with Stoneshield for a \u20ac600mn residential project in Marbella, and its role as Co-Lead Manager on <a href=\"https:\/\/www.alantra.com\/ib-transaction\/merlin-properties-accelerated-bookbuilding\/\">Merlin Properties\u2019<\/a> \u20ac768mn capital increase to support its data center expansion strategy.<\/p>\n\n\n    <div class=\"button--block \">\n        <div class=\"button--block_box\">\n                                                                <a href=\"https:\/\/www.alantra.com\/what-we-do\/investment-banking\/transactions\/?country=spain\" class=\"btn\" target=\"\">View Spain <span class=\"btn__arrow\"><\/span><\/a>\n                                                                                <a href=\"https:\/\/www.alantra.com\/what-we-do\/investment-banking\/transactions\/?sector=real-estate\" class=\"btn\" target=\"_blank\">View Real Estate  <span class=\"btn__arrow\"><\/span><\/a>\n                                    <\/div>\n    <\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Madrid \u2013 Alantra has acted as independent financial advisor to Hotei Properties Group SOCIMI, S.A. (\u201cHotei Properties\u201d or the \u201cCompany\u201d), providing an independent valuation and issuing a fairness opinion in connection with the public tender offer announced by Panwick Project, an investment vehicle associated with Sancus Capital. Hotei Properties is a listed real estate investment [&hellip;]<\/p>\n","protected":false},"featured_media":43029,"parent":0,"template":"","meta":{"_acf_changed":true},"country":[8],"ib-service":[95],"sector":[55],"subsector":[],"class_list":["post-42878","ib-transaction","type-ib-transaction","status-publish","has-post-thumbnail","hentry","country-spain","ib-service-strategic-advisory","sector-real-estate"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.alantra.com\/es\/wp-json\/wp\/v2\/ib-transaction\/42878","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.alantra.com\/es\/wp-json\/wp\/v2\/ib-transaction"}],"about":[{"href":"https:\/\/www.alantra.com\/es\/wp-json\/wp\/v2\/types\/ib-transaction"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.alantra.com\/es\/wp-json\/wp\/v2\/media\/43029"}],"wp:attachment":[{"href":"https:\/\/www.alantra.com\/es\/wp-json\/wp\/v2\/media?parent=42878"}],"wp:term":[{"taxonomy":"country","embeddable":true,"href":"https:\/\/www.alantra.com\/es\/wp-json\/wp\/v2\/country?post=42878"},{"taxonomy":"ib-service","embeddable":true,"href":"https:\/\/www.alantra.com\/es\/wp-json\/wp\/v2\/ib-service?post=42878"},{"taxonomy":"sector","embeddable":true,"href":"https:\/\/www.alantra.com\/es\/wp-json\/wp\/v2\/sector?post=42878"},{"taxonomy":"subsector","embeddable":true,"href":"https:\/\/www.alantra.com\/es\/wp-json\/wp\/v2\/subsector?post=42878"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}