Press release

Funds managed and/or advised by Pictet Alternative Advisors, the alternative investment division of Switzerland-based Pictet Group, have acquired the Kimpton Aysla Mallorca, a 5-star hotel located in the municipality of Calviá, in the Balearic Islands. The transaction, concluded as a turnkey sale, has been structured through a joint venture with the current owner, in which Pictet has a majority stake.

“The Spanish hotel market is part of our investment focus, so we are pleased to have access to one of its main tourist destinations through a new-build asset, with very high levels of quality and sustainability, and from a leading international operator that is strongly committed to developing its Kimpton brand in Europe.”

Pablo Granell Head of Real Estate for Spain and Portugal, Pictet Alternative Advisors

The Kimpton Aysla Mallorca, which is scheduled to open in mid-2022 after construction work has been completed, will be managed by Intercontinental Hotels Group under its luxury lifestyle brand Kimpton Hotels & Restaurants. The hotel will be the brand’s first resort hotel in Spain and the second in the country. Located in natural surroundings in the municipality of Calviá on a 21,840 m2 site next to the prestigious Santa Ponsa Golf Club and Santa Ponsa Tennis Club, the future Kimpton Aysla Mallorca will offer accommodation with spacious common areas, including 2 outdoor swimming pools and 1 indoor pool, a spa and wellness area, a gym, and meeting and convention rooms for events and first-class restaurants.

Colliers acted as strategic and financial advisor on the transaction.


Stefanie Drescher
+49 69 23 805 73 1432

Isabelle Düblin
+41 58 323 7794