Real Estate & Hospitality
Trophy assets in enduring locations.
A €312M portfolio of twelve properties across the Swiss Alps, the Mediterranean coast and prime European cities. We acquire, develop and operate each asset for the long term.
A real-asset anchor
Real estate gives the Velaris portfolio its ballast. The assets are tangible, they generate income, and they hold value across cycles. We concentrate on prime, scarce property in locations where supply is constrained and demand stays durable. The €312M portfolio is run by a team drawn from Blackstone Real Estate and three decades of alpine and Mediterranean development.
We invest across the full value chain: acquisition, repositioning, ground-up development and hospitality operations. Then we hold. Rather than trading buildings, we operate destinations, pairing architectural quality with day-to-day management that earns premium rates and loyal guests.
€312M
Real Estate AUM
Across 12 active projects
12
Properties
Alps, Mediterranean and urban Europe
5
Countries
Switzerland, Spain, Monaco, France and the UK
Long-term
Hold Horizon
Owned and operated, not traded
Alps Collection
Alpine Collection
Five properties across the Swiss Alps, from ski-in chalets in Verbier to a historic estate in Gstaad.
Verbier, SwitzerlandVerbier Luxury Chalets
Active portfolio
- Assets
- 3 ultra-premium chalets
- Surface
- 450 to 680 m² each
- Value
- €12M to €18M each
- Rental yield
- 4.2% plus appreciation
Each chalet offers ski-in, ski-out access, a private spa, a wine cellar and a home cinema. The three properties trade on Verbier's scarce supply of trophy alpine real estate and produce rental income between ski and summer seasons.
Crans-Montana, SwitzerlandCrans-Montana Penthouse Residences
6 sold, 2 available
- Assets
- 8 penthouses, Mont-Blanc views
- Surface
- 280 to 420 m²
- Total value
- €32M
- Services
- 24/7 concierge
A residence of eight penthouses with panoramic terraces and views toward Mont-Blanc. Six units have sold; the remaining two are held for sale at a premium to the original release price.
Zermatt, SwitzerlandZermatt Mountain Resort
Operational, 82% occupancy
- Rooms
- 24 rooms, 6 suites
- Acquisition
- €28M (2021)
- Renovation
- €8M (2022 to 2023)
- Occupancy
- 82% average
A boutique hotel acquired in 2021 and refurbished over two years. It runs a gastronomic restaurant and an 800 m² spa, and holds an 82% average occupancy rate at the foot of the Matterhorn.
Gstaad, SwitzerlandGstaad Alpine Estate
Private use and selective rental
- Surface
- 1,200 m² built
- Land
- 8,000 m²
- Value
- €24M
- Bedrooms
- 8
A restored historic estate set on eight thousand square metres of land, with eight bedrooms, an indoor pool and a private helipad. It is held for private use and let on a selective basis.
Lausanne, SwitzerlandLausanne Lake View Apartments
Fully let to corporate tenants
- Assets
- 12 apartments
- Surface
- 120 to 350 m²
- Total value
- €18M
- Net yield
- 3.8%
A residential building overlooking Lake Geneva, fully let to corporate tenants on long leases. The asset delivers a steady 3.8% net yield with low vacancy risk.
Mediterranean Collection
Mediterranean Collection
Three coastal assets in Marbella, Ibiza and Monaco, combining hospitality income with long-term appreciation.
Marbella, SpainMarbella Beach Club & Residences
Development, completion 2027
- Programme
- Beach club, 18 apartments
- Investment
- €42M
- Completion
- 2027
- Amenities
- Private beach, marina berths
A development pairing a private beach club with eighteen luxury apartments, marina berths and a rooftop infinity pool. Construction is underway, with completion scheduled for 2027.
Ibiza, SpainIbiza Lifestyle Hotel
Renovation in progress
- Rooms
- 32
- Acquisition
- €15M (2022)
- Renovation
- €6M budget
- Opening
- Summer 2027
A 32-room boutique hotel acquired in 2022 and now under renovation. It is positioned for the upper end of the Ibiza lifestyle market, with reopening planned for summer 2027.
Fontvieille, MonacoMonaco Fontvieille Penthouses
Co-investment with Monaco family office
- Assets
- 2 penthouses
- Surface
- 380 m² and 520 m²
- Total value
- €48M
- Terraces
- 200 m²+
Two penthouses in a new Fontvieille building, held in co-investment with a Monaco family office. Each unit offers terraces above two hundred square metres and panoramic sea views.
Urban Collection
Urban Prime Collection
Four positions in Europe's most resilient cities: Geneva, Paris, Barcelona and London.
Geneva, SwitzerlandGeneva Rue du Rhône Office Building
Fully let to financial services tenants
- Surface
- 3,200 m²
- Grade
- AAA office
- Value
- €52M
- Yield
- 4.1%
A prime office building on Rue du Rhône, fully let to financial services tenants. It anchors the urban portfolio with a dependable 4.1% yield in one of Europe's strongest office markets.
Paris, FranceParis Marais Residential
5 let, 3 for sale
- Assets
- 8 Haussmann apartments
- Average size
- 145 m²
- Total value
- €16M
- Location
- Rue des Francs-Bourgeois
Eight renovated Haussmann apartments on Rue des Francs-Bourgeois in the Marais. Five are let on residential leases; three are held for sale at current market values.
Barcelona, SpainBarcelona Gothic Quarter Boutique Hotel
Operational, 76% occupancy
- Rooms
- 28
- Acquisition
- €11M (2023)
- Occupancy
- 76% annual average
- Amenities
- Rooftop bar, restaurant
A historic 28-room hotel in the Gothic Quarter, acquired in 2023 and trading at a 76% annual occupancy rate. It operates a rooftop bar and a concept restaurant in one of Barcelona's busiest districts.
London, United KingdomLondon Mayfair Mixed-Use
Co-investment club deal
- Programme
- 6 apartments, 2 retail units
- Value
- €34M
- Location
- Brook Street, Mayfair
- Structure
- Club deal
A mixed-use building on Brook Street in Mayfair, combining six apartments with two retail units. Velaris holds the asset through a club deal alongside co-investors.
A prime asset or development to present?
We acquire and develop trophy real estate across the Alps, the Mediterranean and prime European cities.
Present Your Opportunity