The origin of Meridia Capital Partners
In 2001, Mr Faus assembled a consortium of investors to acquire the real estate portfolio HOVISA, in Barcelona, for €235m. The portfolio included:
The origin and DNA of Meridia Capital Partners
Mr. Faus was appointed General Partner and Manager of the company.
In 2004, two groups decided to exit their investment due to the excellent profits obtained thus far. Mr Faus stayed as investor and brought in other investors, sowing the seeds for what would in the future become Meridia Capital Partners.
Finally the asset was sold in 2006 to GIC, Host Hotels & Resorts and Stichting Pensioenfonds ABP for €417m – at the time,the highest price ever paid by a single real estate asset in Spain.
Hotels Arts was designed by architect Bruce Graham and built for the 1992 Olympic Games. It is considered a point of reference along Barcelona's coastline.
