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[SITUATION] · [QUIET] · [BUSINESS]

2 clusters · 2 sources · 29 days · First seen · Last updated

Gran Hotel Pucón sale and ownership transfer

Overview

The sale of the historic Gran Hotel Pucón in Chile has progressed from negotiations to a finalized transaction. Initially, Pucón Mayor Sebastián Álvarez announced that the sale of the 153-room property, owned by Inmobiliaria La Península, was in an advanced stage and being managed by real-estate firm CBRE. The potential sale was viewed as a significant development for the local tourism sector.

Following these reports, the transaction was confirmed via a filing with the Commission for the Financial Market (CMF). The sale of all shares of Inmobiliaria Península SpA was completed for approximately 372,342 UF, or roughly US$16.3 million. The proceeds are intended to repay international bondholders who are creditors of the casino operator Enjoy. After accounting for operational expenses, the company expects the sale to generate a profit of approximately $5,761 million to offset accumulated losses.

Entities

Gran Hotel Pucón · Enjoy · CBRE · Inmobiliaria Península SpA · Comisión para el Mercado Financiero

Timeline

  1. 21 days ago

    [BUSINESS] 2 sources
    Gran Hotel Pucón sold for US$16.3 million

    The Gran Hotel Pucón has been sold for approximately US$16.3 million. The proceeds will be used to pay international bondholders of the casino company Enjoy.

  2. about 2 months ago

    [BUSINESS] 3 sources
    Gran Hotel Pucón sale advances as mayor announces potential buyer

    Pucón’s mayor says the historic Gran Hotel Pucón is nearing sale, with CBRE handling the deal and a local investor planning upgrades, amid broader tourism promotion.

Sources

distritointerior.com.ar · lavozdepucon.cl