First Atlantic Real Estate and Signal acquire five-star Hotel Lindenhof in South Tyrol

First Atlantic Real Estate S.r.l. and Signal S.p.A. have completed the acquisition of the five-star hotel Lindenhof DolceVita Pure Luxury Resort in Naturno (BZ), South Tyrol. First Atlantic is one of the leading players in the real estate sector with nearly thirty years of experience, while Signal is part of Gruppo Lunelli, one of Italy's most renowned families in the wine production sector.

The transaction was originated and coordinated throughout all its phases by Benedetta Della Porta, who assisted the buyers from inception to the finalisation of the acquisition of both the property and the entire share capital of the hotel management company.

The financial structure of the transaction is articulated across multiple levels and reflects a strong territorial anchoring. Fondo Euregio+Turismo will participate directly in the shareholding as preferred equity partner and mezzanine lender, alongside junior equity investors, while the banking financing involves several banks from the Trentino-Alto Adige region, led by Cassa Centrale Banca.

The buyers were assisted by Pavia e Ansaldo in all phases of the transaction, with a multidisciplinary team coordinated by Partners Fiorenza Resta and Daniele Carminati, supported respectively by Counsel Kathleen Bucci for real estate matters and Counsel Chiara Andreotti for M&A matters, while corporate and finance aspects were handled by Counsel Alessandra Grandoni. Labour matters were managed by Partner Valentina Simonelli and administrative law matters by Counsel Antonello Frasca. Of Counsel Olga Pljukhina and Michele Adduci, and Associates Giorgia Daniele, Michele Sangiovanni and Riccardo Zebini also participated in the transaction. For tax matters, the buyers were further assisted by Stefano Giacosa of Studio Associato Tributario e Legale Colnago Giacosa Magnoni Nadelreich.

The sellers were assisted by PwC Italia as financial advisor, with a team coordinated by Partner Antonio Martino with Christopher Haug and Simone Ceschia, as well as by Roland Lahner of Studio Taktiva in Bolzano and Peter Winkler of Studio Legale Winkler in Bressanone.

The lenders were advised by ADVANT Nctm for Cassa Centrale Banca, with a team led by Partner Giuseppe Buono and coordinated by Managing Associate Federico Angelo De Pascale, and by DLA Piper and Deloitte Legal for Euregio.

Notarial matters were handled by Milano Notai, with co-founder Monica De Paoli.

Image: ©the chill report