– Cedar Capital Partners and L Catterton Real Estate launched a strategic joint venture to build a luxury hospitality platform across Europe and North America
– The platform will follow a value-add strategy focused on acquiring, transforming, and repositioning iconic five-star and luxury hotels
– Target locations include prime urban centers and high-end resort destinations
– The venture aims to capitalize on growing global demand for luxury travel and a supply-demand imbalance in the high-end hospitality segment
– Objective to build a curated portfolio of 10–15 landmark hospitality assets
– Mathieu Le Bozec highlighted the opportunity to combine consumer insight with real estate expertise to create long-term value
– Ramsey Mankarious emphasized the partnership’s shared vision and ability to unlock value in unique luxury properties
– First acquisition: Garden Beach Hotel
177-key beachfront property in Juan-les-Pins
Currently closed and set for redevelopment
Positioned as a rare seafront repositioning opportunity on the French Riviera
– Second acquisition: Penha Longa Resort, a Ritz-Carlton property
204-key luxury resort located in Sintra-Cascais Natural Park near Lisbon
Set across a 220-hectare estate
