Information

FUND TYPE
Closed-end
INVESTOR TYPE
For informed investors only
STRATEGY
Investing in luxury hotels in European countries
ASSETS
The 5-star Radisson Collection Astorija hotel
START DATE
2022 12 27
DURATION
5 + 2

About

1 Asset Management’s managed fund, Luxury Hotels Fund, is a real estate investment fund focused on investing in luxury hotels across Europe.

Astorija Hotel Subfund Investment Asset

  • 5-star Radisson Collection Astorija hotel (Didžioji St. 35, Vilnius, Lithuania)
  • 119 spacious guest rooms and 6,717 sq. m of gross floor area
  • Conference centre, Astorija Brasserie restaurant, spa, and VIP terrace
  • Operates under Radisson Collection, the premium luxury brand of Radisson Hotel Group
  • Managed by experienced local hotel operator Apex Alliance

Growth Potential

  • Hotel repositioning through conversion to the Radisson Collection brand
  • Greater pricing flexibility enabled by the upgraded product offering
  • New operator focused on improving operational efficiency and increasing profitability

Prime Location

  • Located in the heart of Vilnius, the capital of Lithuania
  • Within walking distance of major landmarks, including Town Hall Square, the Gates of Dawn, St. Casimir’s Church, and the Lithuanian National Philharmonic
  • Surrounded by luxury restaurants, boutiques, and museums
  • Vilnius International Airport – 10 minutes by car
  • Vilnius Bus and Railway Station – 10 minutes on foot

Team

Ieva Kuodė
Fund manager| IAM Luxury Hotels Fund
Ieva Kuodė

Ieva Kuodė

Fund manager| IAM Luxury Hotels Fund

EXPERIENCE

  • UAB „EPSO-G“ – Head of Planning and Strategy
  • Chair of the Board at BALTPOOL UAB, board member at UAB „TETAS“, UAB „Vilniaus apšvietimas“
  • Head of Renewable Energy Sources Division at the Ministry of Energy of the Republic of Lithuania
  • Deputy Energy Attache for Atomic Questions at the Permanent Representation of Lithuania to EU

EDUCATION

  • Baltic Management Institute –  Executive MBA
  • College of Europe, Belgium – MA in European Political and Administrative Studies
  • BA in Political Science at the Institute of International Relations and Political Science, Vilnius University
  • Baltic Institute of Corporate Governance – board members and board chair education

IAM Astorija Hotel Subfund

Get in Touch

Grytė Kaminskienė

Grytė Kaminskienė

Head of Investors Relation