SC Capital Holding Eyes Luxury Hotel Investment in Cyprus
Deal News | Jul 01, 2025 | Globenewswire
SC Capital Holding AG, a Swiss investment firm, has announced its late-stage negotiations to acquire a landmark luxury hotel on Cyprus's southern coast. This acquisition forms part of SC Capital's growing Mediterranean portfolio, targeting properties where they can leverage investment and operational enhancements. Their strategy focuses on properties with architectural merit and room for expansion into branded residences. Following a successful model employed elsewhere in the Mediterranean, SC Capital aims to integrate sustainability into their acquisitions, utilizing smart hotel technologies for energy and resource efficiency, and aligning with local partners for responsible growth. The move builds on their experiences in Albania and Central Europe and seeks to revitalize legacy hospitality assets to meet contemporary luxury and sustainability standards.
Sectors
- Hospitality
- Real Estate Investment
- Sustainable Technology
Geography
- Cyprus – The hotel acquisition target is located on the southern coast of Cyprus, and the article focuses on SC Capital's investment strategy in this region.
- Switzerland – SC Capital Holding AG is headquartered in Zug, Switzerland, indicating the origin of the investing firm.
Industry
- Hospitality – The main focus of the article is the acquisition of a luxury hotel, which is a key part of the hospitality industry.
- Real Estate Investment – SC Capital Holding is engaged in the acquisition and management of hospitality assets, a form of real estate investment.
- Sustainable Technology – The article emphasizes the incorporation of sustainable and smart technologies in the hotel assets acquired by SC Capital Holding.
Financials
- 40 percent renewable-energy adoption, 30 percent water-consumption reduction, 75 percent waste-diversion – These are part of SC Capital's proprietary green conversion roadmap goals for any hotel acquisition.
- 9 percent – Year-on-year increase in average daily rates for five-star hotels in Cyprus as noted by national tourism data.
- 4.4 million – Number of tourism arrivals in Cyprus in 2024, approaching pre-pandemic levels.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| SC Capital Holding AG | Bidding Company | Company | A privately held investment group based in Switzerland, specializing in hospitality assets across Europe. |
| Simo Chaabani | Chief Executive Officer | Person | CEO of SC Capital Holding, leading the strategy and operations in acquiring and managing hotel assets. |
| Allyson Roscoe | Director of Deal Sourcing | Person | Responsible for acquisition proposals and partnership inquiries at SC Capital Holding. |