OFFERS FOR COMPORTA REACH €159M

OFFERS FOR COMPORTA REACH €159M

 

Gesfimo is receiving proposals for the purchase of the asset of the former Espírito Santo Group until June 27. Louis-Albert de Broglie sent this proposal to the manager, which replaces the initial proposal of €115 million, and thus leads the three offers that are on the table.

He stated in the letter sent that his initial proposal of 4 May included “a variable component”, namely an increase of € 40 million. He believes that he has the best proposal from a financial point of view and that his consortium project favors, unlike its competitors, "the biodiversity of the landscape, permanent and well-paid jobs that will develop the region" and serve "the local economy", quotes Expresso.

Broglie intends to create in Comporta a project based on organic farming, having as reference partners the Global Assets Management fund and the international operator Golf & Country Club of Bonmont, whom "share the interest for the future of the territories".

His project provides only 15% of the real estate provided by Grupo Espírito Santo. It wants to create seven centers dedicated to organic production, incubation of startups in the field of food, conferences, recycling or reconnective medicine, a contemporary art museum and a Blue School. In these centers, it would be integrated the tourist area, namely a hotel of 80 rooms managed by an international chain.

According to the newspaper, the proposal presented by Oakvest, of the British Mark Holyoake with Portugália (which was chosen by Gesfimo at the beginning of the month as a favorite proposal), is around 1€55.9 million. The consortium of French billionaire Claude Berda with Paula Amorim was €147.4 million but, according to the consortium, the overall value of the proposal amounts to €156.4 million, including real estate loans.

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