A value-add hotel investment partner active throughout Europe
First achievements
2 transactions closed
Founding Investor :
Wholly owned subsidiary of the Abu
Dhabi Investment Authority (ADIA)
24 assets across Spain
€ 800 million
Assets under Management
Offices in Paris & Madrid
Who we are
The management team
Petra was founded in 2023 by Dominique OZANNE (Chairman), Gaël LE LAY (co-CEO) and Elsa TOBELEM (co-CEO)
The management team has extensive experience having closed over 100 transactions in the hospitality sector in Europe for a total value of €14 bn
The team has deep asset management experience (more than 600 hotels under management over the last ten years) for a wide range of investors including private and institutional investors
Petra will target hotel properties (real estate and business) and will be operated alongside Hova Hospitality, a leased hotel vehicle which began operation in 2021 and has grown to an AUM of €1.4 bn
Our track record
What we do
Our value proposition :
A deep knowledge of the European hospitality sector (real estate and operational)
An extensive network allowing us to source off-market opportunities
A proven ability to represent a broad spectrum of investors to understand their needs and meet their return criterion
Our commitments :
Sourcing deals where we can establish competitive advantages
Agile and reactive asset management to maximise returns
Protect our clients' interests while customizing strategies to align with their criteria
"European hotel real estate market remains highly fragmented and Petra can be a leader in the institutionalization of the sector"
Dominique Ozanne
News
