In response to the ongoing Covid-19 pandemic and its negative impact on the hospitality industry, Gremi International created an updated version of the Eco Estrela project. Target audiences were expanded and investment risks were minimized. The master plan for the project has been revised to best meet demands and align with the changing economic conditions.
Homebuyers' priorities in 2021 are shifting. Remote work and longing for green open spaces drive the demand for houses in locations like Eco Estrela: beautiful and secluded, with breath-taking natural environment and broadband internet.
As we are all acutely aware, the novel coronavirus outbreak has utterly modified the world as we knew it. Culture, economy, tourism - all vital spheres of social life seem to be affected. Witnessing rapid and thorough changes, we decided to adjust the outlines of our projects to adapt to these challenging times.
On May 22, Gremi International SARL signed a contract with the Portuguese company IM Gestãode Ativos – Sociedade Gestora de Organismos de Investimento Coletivo, SA, (IMGA). Under this agreement Gremi in cooperation with IMGA will create a private equity fund under the name Almond Tree Private Equity Fund – FCR, which will invest in hospitality real estate projects.
Almost 40 percent of consumers plan to travel by this July while close to 75 percent plan to do so by September (according to PwC Travel Sentiment Survey). In the 12 months after restrictions have eased, approximately 90 percent of consumers expect to travel again. According to the study in this moment branded hotels will shine - as brand is synonymous with safety and security.
Andre Barake GRT Partners
Everything I learned in business school was put to challenge recently as the world came to a practical halt to fight a new pandemic. Clear vision, established guidelines and investment planning all converged to a state of chaotic panic with little trustworthy solutions available for our decision making.
Gremi International is proud to announce that on 25 March 2020 Eco Estrela Bay Fund SCA SICAV-RAIF entered into agreement with Cushman & Wakefield. New partner will be providing support for the Eco Estrela project in terms of its commercialization in selected markets.
Gremi International is proud to announce that in March 2020 Eco Estrela Bay Fund SCA SICAV-RAIF entered into agreements with GRT Partners and Millennium Bank Group. New partners will be providing support for the Eco Estrela project in terms of its commercialization in selected markets.
Gremi International has prepared an update to its investment approach in the RAIF (Reserved Alternative Investment Fund) for the Eco Estrela project, shifting the fundraising structure towards a model that is more widely accepted and recognized by the industry.
The Baia Formosa International Film Festival (FINC) has been held annually since 2010. Since then, its popularity has increased gradually and effectively it has started attracting participants and audiences from all over the country.