Following a first close, a fund managed by SFP has indirectly taken a majority stake in ‘Next Gen Stays,’ currently comprising a seed portfolio of six assets in Lisbon, Porto, Bilbao, Malaga and Seville that will be repurposed and repositioned to create modern and sustainable tourist accommodation. The “Next Gen Stays” partnership aims to establish a strong foothold in the Spanish and Portuguese hotel market by catering directly to Millennial and Gen Z travelers. The venture prioritizes improving the sustainability of the assets in its value-add approach.

Our team is proud to have assisted SFP on this transaction.

About SFP Group

Swiss Finance & Property Group (SFP Group) is a large independent asset manager. SFP Group mainly helps institutional clients with all aspects of direct and indirect property investments and the associated capital market transactions. SFP Group supports the seamless classification of these investments into the relevant overall portfolio.