A resort & hotel conglomerate in the Southern Cone of South America retains Excend to conduct an outright sale of all assets
Montevideo, URUGUAY - August 2, 2018
A real estate development and operating conglomerate has retained Excend to conduct an outright sale of its resort and hospitality assets. The transaction has an estimated value of $220MM USD. The geographic location of the assets capitalizes on leisure and business travel from the two largest markets in South America (i.e. Brazil and Argentina) while effectively largely insulating the assets from the related countries' market volatility and risk.
The superior reputation, market-positioning and track record of this collection of assets bode favorably for future performance
Excend provides investment banking services to middle market organizations.