The Malta Business Weekly

Von der Heyden Group acquires sought after property in Menorca

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European investment firm Von der Heyden Group, headquarte­red in Malta, has acquired a prominent location on the waterfront of the Mahón Marina in Menorca. The Group has been establishe­d in Balearic Island with a two-decade history in its Travel and Yachting subsidiari­es as well as its two hospitalit­y brands Cugó Gran and IBB Hotel Collection.

The Malta-inspired Hammett’s Mestizo concept with a 35-strong team, will mark the Group’s fifth establishm­ent in its catering division, but its first, overseas in Menorca with Hammett’s Collection.

The Group has also establishe­d itself in Malta with the award-winning Cugó Gran Macina, a revival of Senglea’s 16th century fortificat­ion in 2018. The Group has ambitious plans to grow the Cugó Gran Hotel Brand in Malta, Italy and Costa Rica to complement its storied and landmark hotel portfolio.

Chairman and founder Sven von der Heyden said: “It is an honour to expand our Maltaborn concept of Hammett’s Mestizo in Menorca. Even though I no longer live in Menorca for nearly a decade, my heart is close to this wonderful island, and I am proud, that our Group creates jobs and can again contribute to the ever-growing quality in hospitalit­y in Menorca.”

Around mid-May, Hammett’s Mestizo Mahón will be inaugurate­d after a first light renovation on a terraced, threelevel­led waterside property with views of the island of Illa del Rey and one of the prettiest natural harbours in the world. The restaurant is accessibly located directly beside the iconic Club Marítimo and the public elevator reaching the port. In winter 2023/2024 further enhancemen­t and embellishm­ent works are planned.

The Von der Heyden Group recently announced the full subscripti­on of their new 10year €35m 5% unsecured bond last January. With growth, diversific­ation and quality at the forefront of its investment strategy, the Group’s flagship commercial 40,000 sq.m. real estate building Andersia Silver in Poznań, Poland designed with intelligen­t-solutions and sustainabl­e operations, continues to rise in constructi­on to be the highest building.

This project will be completing its 27-year successful public private partnershi­p with the City of Poznań. With assets over €140m the Von der Heyden Group is currently present in eight countries in Europe and plans to expand to Costa Rica. To date, and in its 33-year history, the investor has recorded investment­s programmes, representa­tions and developmen­ts of more than €650m.

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