Private equity real estate and advisory firm 8G Capital Partners is joining forces with UK hotel consultancy specialist Hotel Solutions Partnership to launch a platform aimed at offering support for hotel and leisure workouts in Central and South Eastern Europe.
Private equity real estate and advisory firm 8G Capital Partners is joining forces with UK hotel consultancy specialist Hotel Solutions Partnership to launch a platform aimed at offering support for hotel and leisure workouts in Central and South Eastern Europe.
The joint venture will focus on assisting banks in CE/SEE to maximise the recovery value of hotels and leisure assets, the companies said in a statement.
'As liquidity is moving away and into the core European markets, a workout may be a bank’s only option to maintain the value of a hotel asset and maximise its exit value once market conditions have improved,' it said.
