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Vivion group

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VIVION Investments S.à r.l. is a real estate company based in Luxembourg. The company's portfolio includes hotels and office buildings in Germany and hotels in the United Kingdom. The market value of the portfolio is 2.9 billion euros.[1]

History

The group was founded in 2008, Vivion Holdings was founded in 2018 as Société à responsabilité limitée,[2] in order to realign its orientation on the international capital market. The portfolio comprises around 100 properties,[3] most of them office buildings and hotels.[4]

Ownership structure

The majority of the beneficial owners of Vivion Holdings are the Israeli entrepreneurial family Dayan[5] and international institutional investors. The Chief Executive Officer is Sascha Hettrich, Ella Raychman is the CFO, and Bert Schröter is a director of the company. Amir Dayan, the Chairman of the Advisory Board of Vivion, is the main shareholder. Vivion's main partners are the Canadian pension fund Ivanhoe Cambridge[6][7] and the Israeli funds Harel Insurance, Phoenix Insurance,[8] Psagot Investment House[9] and Bank Hapoalim.[10]

Portfolio

The company's management strategy is essentially based on the acquisition of properties in the UK, Germany and the Netherlands, with the company pursuing a buy-and-hold strategy.[11]

Vivion owns over 50 hotels in Europe,[3] mainly in the UK, operated mainly under the brand names Hilton, Holiday-Inn and Crowne Plaza.

In 2019, Vivion entered the capital market by raising €700 million[12] in August and €300 million[13] in October for UK and German property portfolios, with €4 billion in corporate bonds. The bond investors were leading international institutional investors. The investment houses JPMorgan Chase, Goldman Sachs and Citibank led the offering.[14]

References

  1. ^ "Vivion Investments bonds and credit ratings". cbonds.com. Retrieved 2020-03-06.
  2. ^ "Vivion Investment GmbH, Berlin". northdata.de (in German). Retrieved 2020-03-06.
  3. ^ a b "portfolio". vivion.eu. Retrieved 2020-03-06.{{cite web}}: CS1 maint: url-status (link)
  4. ^ Sidders, Jack (2019-12-20). "Qatari Sheikh Cashes In With $333 Million London Hotel Sales". bloomberg.com. Retrieved 2020-05-13.
  5. ^ "Vivion-Led Group Bids for NorthStar Realty Europe". BloombergQuint. Retrieved 2020-03-06.
  6. ^ "Ivanhoe Cambridge steigt bei Amir Dayan ein". www.immobilien-zeitung.de (in German). Retrieved 2020-03-06.
  7. ^ "Ivanhoé Cambridge erwirbt strategische Beteiligung in Deutschland". www.institutional-money.com (in German). Retrieved 2020-03-06.
  8. ^ "Vivion Confirmed: Preferred Investment Asset Classes In Real Estate For 2020". Bill Adderley Real Estate Development & Investments. 2020-02-09. Retrieved 2020-03-06.
  9. ^ "DEUTSCHE BANK AG (DBN.MX) latest stock news & headlines – Yahoo Finance". nz.finance.yahoo.com. Retrieved 2020-03-06.
  10. ^ Stein, Ron (2018-05-21). "Harel buys 15% of Dayan family's Golden Capital". en.globes.co.il. Retrieved 2020-03-06.
  11. ^ "company strategy". vivion.eu. Retrieved 2020-03-06.{{cite web}}: CS1 maint: url-status (link)
  12. ^ "Vivion buys iconic London hotels for €300m". PropertyEU News. Retrieved 2020-03-06.
  13. ^ "3% Vivion Investments S.à r.l. (2024) - XS2031925840 - Börse Berlin". www.boerse-berlin.com. Retrieved 2020-03-06.
  14. ^ "International bonds: Vivion Investments, 3% 8aug2024, EUR (XS2031925840)". cbonds.com. Retrieved 2020-03-06.