According to the Israeli newspaper Calcalist, Vivion Advisory Board Member, Amir Dayan, is negotiating with a group of British investors for a private placement of shares in Vivion valued at 375 million euros, giving them a 15% stake. Later, the British investors will be able to invest another 150 million euros and increase their stake to 25%.
Vivion is active mainly in Europe, with a market capitalization of 2.5 billion euros.
The British investment firm has recruited investors from the United Kingdom and overseas, including financial organizations, money management firms, and family offices.
Vivion is anticipated to receive 375 million euros in investment from the group during the first phase, giving it a 15% stake in the company. The group will be able to invest an additional 150 million euros in future phases and increase its holding to 25%. As a share offering, money will flow into the firm's accounts. According to an English investment firm source, the negotiations are now at the final stages.
This deal, along with other contracts it has signed that include protection mechanisms against inflation and an increase in interest rates, has led to increase in the company's revenues. Vivion closed out 2021 with record revenues of $199.6 million in rents, a rise of 6.7% compared to 2020, the year of the most severe corona, which was $187.1 million. The firm's adjusted EBITDA (operating income before taxes and depreciation) rose to 165.1 million euros, an increase of more than 16% over 2014. Vivion's FFO, the most accurate indicator of profit in real estate firms, increased by 9.3% to 81.3 million euros in 2019, compared to 74.4 million euros in 2020.
About Vivion
Vivion is a Luxembourg-based private firm with publicly listed bonds on the pan-European Euronext exchange; thus, its financial performance is disclosed. Vivion offers two bond series. The first is valued at 700 million euros and maturing in 2024, and the second is worth 640 million euros and is scheduled to mature in 2025.
Amir Dayan is the founder of Vivion and the owner of Africa-Israel Hotels (owned by the Dayan family since 2017), which currently owns 54 hotels in Great Britain (26 of which are in London), all of which are leased to major chains such as Hilton. Furthermore, the firm owns 35 successful real estate investments in Germany, mostly office buildings and commercial spaces leased for use. The portfolio's total value is roughly 3.6 billion euros. The hotels account for 63% of the portfolio (2.1 billion euros), whereas the offices make up 35% (about 1.5 billion euros) by value
