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{{Draft article}}
{{short description|European real estate investment and asset management company}} {{short description|European real estate investment and asset management company}}
{{Infobox company {{Infobox company
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| industry = Private Equity | industry = Private Equity
| founded = {{start date and age|2015|mf=y}}<br /> ],] | founded = {{start date and age|2015|mf=y}}<br /> ],]
| num_locations = ],]<br />],]<br />],]<br />],] | num_locations = ],]<br />],]<br />],]<br />],]
| key_people = ]: Founder & Managing Partner<br />Yoav Gery:Partner<br />Diego Pepe:Chairman | key_people = ]: Founder & Managing Partner<br />Yoav Gery:Partner<br />Diego Pepe:Chairman
| website = {{url|https://www.zanklon.com/}} | website = {{url|https://www.zanklon.com/}}
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The firm derives its name from the ancient name of Giostra's native town, ]  The ] colonists who founded the city in the 8th century B.C. gave it the name "Zankle" (]: Ζάγκλη), from the Greek Zanklon (ζάγκλον), meaning ], based on the shape of ]'s natural harbour.{{citation needed|date= January 2025}} The firm derives its name from the ancient name of Giostra's native town, ]  The ] colonists who founded the city in the 8th century B.C. gave it the name "Zankle" (]: Ζάγκλη), from the Greek Zanklon (ζάγκλον), meaning ], based on the shape of ]'s natural harbour.{{citation needed|date= January 2025}}


By the end of 2015, Zanklon Capital partnered with CNM Estates, a London-based commercial and residential developer, to acquire ], a former office and retail scheme built in 1963 and designed by ] of ].<ref>{{Cite web |last=Asara |first=Virna |date=27 October 2015 |title=CNM Estates buys London Tolworth tower for redevelopment |url=https://realassets.ipe.com/propertyeu/cnm-estates-buys-london-tolworth-tower-for-redevelopment/10091104.article |url-status=live |website=ipe realassets}}</ref> Zanklon Capital arranged the £42 million acquisition and development funding from senior lenders ] (formerly Venn Partners) and Aprirose.<ref>{{Cite news |last=Montague-Jones |first=Guy |date=26 Oct 2015 |title=Venn and Aprirose fund CNM's Kingston tower deal |url=https://www.propertyweek.com/news/venn-and-aprirose-fund-cnms-kingston-tower-deal |url-status=live |work=property week}}</ref><ref>{{Cite web |last=Giostra |first=Natale |date=Jan 20, 2016 |title=CNM Estates announces funding for Tolworth Tower |url=https://www.slideshare.net/NataleGiostra/press-release-cnm-estates-announces-funding-for-tolworth-tower |url-status=live |website=slide share}}</ref> By the end of 2015, Zanklon Capital partnered with CNM Estates, a London-based commercial and residential developer, to acquire ], a former office and retail scheme built in 1963 and designed by ] of ].<ref>{{Cite web |last=Asara |first=Virna |date=27 October 2015 |title=CNM Estates buys London Tolworth tower for redevelopment |url=https://realassets.ipe.com/propertyeu/cnm-estates-buys-london-tolworth-tower-for-redevelopment/10091104.article |website=ipe realassets}}</ref> Zanklon Capital arranged the £42 million acquisition and development funding from senior lenders ] (formerly Venn Partners) and Aprirose.<ref>{{Cite news |last=Montague-Jones |first=Guy |date=26 Oct 2015 |title=Venn and Aprirose fund CNM's Kingston tower deal |url=https://www.propertyweek.com/news/venn-and-aprirose-fund-cnms-kingston-tower-deal |work=property week}}</ref><ref>{{Cite web |last=Giostra |first=Natale |date=Jan 20, 2016 |title=CNM Estates announces funding for Tolworth Tower |url=https://www.slideshare.net/NataleGiostra/press-release-cnm-estates-announces-funding-for-tolworth-tower |website=slide share}}</ref>


In 2016, Zanklon Capital and CNM Estates forward sold to Invesco Real Estate, for £62.8 million, the east tower of Sutton Point, a 180-unit built-to-rent scheme in south London.<ref>{{Cite web |last=staff |first=IPE |date=30 May 2017 |title=Invesco Real Estate forward funds outer London residential scheme |url=https://realassets.ipe.com/invesco-real-estate-forward-funds-outer-london-residential-scheme/10019125.article |url-status=live |website=IPE Real Assets}}</ref><ref>{{Cite web |date=30 May 2017 |title=Invesco Real Estate forward funding of €62.8m for 180 build-to-rent units in south London (GB) |url=https://europe-re.com/invesco-real-estate-forward-funding-of-62-8m-for-180-build-to-rent-units-in-south-london-gb/63758 |url-status=live |website=Europe Real Estate}}</ref><ref>{{Cite web |last=Lee |first=Isobel |date=30 May 2017 |title=Invesco forward funds London BTR scheme |url=https://propertyeu.info/Nieuws/Invesco-forward-funds-London-BTR-scheme/43ceb267-1ff5-43ef-8456-3dcbc3691790 |url-status=live |website=Property EU}}</ref> Sutton Point was a large mixed-use asset that included a 99-key Ibis hotel and a 59-key Adagio aparthotel (both brands of ], Europe's largest hotel company). Zanklon Capital also arranged the Sutton Point's development funding provided by senior lender ]. In 2016, Zanklon Capital and CNM Estates forward sold to Invesco Real Estate, for £62.8 million, the east tower of Sutton Point, a 180-unit built-to-rent scheme in south London.<ref>{{Cite web |last=staff |first=IPE |date=30 May 2017 |title=Invesco Real Estate forward funds outer London residential scheme |url=https://realassets.ipe.com/invesco-real-estate-forward-funds-outer-london-residential-scheme/10019125.article |website=IPE Real Assets}}</ref><ref>{{Cite web |date=30 May 2017 |title=Invesco Real Estate forward funding of €62.8m for 180 build-to-rent units in south London (GB) |url=https://europe-re.com/invesco-real-estate-forward-funding-of-62-8m-for-180-build-to-rent-units-in-south-london-gb/63758 |website=Europe Real Estate}}</ref><ref>{{Cite web |last=Lee |first=Isobel |date=30 May 2017 |title=Invesco forward funds London BTR scheme |url=https://propertyeu.info/Nieuws/Invesco-forward-funds-London-BTR-scheme/43ceb267-1ff5-43ef-8456-3dcbc3691790 |website=Property EU}}</ref> Sutton Point was a large mixed-use asset that included a 99-key Ibis hotel and a 59-key Adagio aparthotel (both brands of ], Europe's largest hotel company). Zanklon Capital also arranged the Sutton Point's development funding provided by senior lender ].


Former ] and ] investment banker Giuliano Cislaghi joined Zanklon Capital in 2017, but left in 2021 to pursue other opportunities in the renewable energy sector.  Cislaghi has remained as a senior advisor of Zanklon Capital. Former ] and ] investment banker Giuliano Cislaghi joined Zanklon Capital in 2017, but left in 2021 to pursue other opportunities in the renewable energy sector.  Cislaghi has remained as a senior advisor of Zanklon Capital.
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Following the ] of the ] from the ] in 2020, Giostra decided to focus Zanklon Capital's strategy entirely on the Italian real estate market. Following the ] of the ] from the ] in 2020, Giostra decided to focus Zanklon Capital's strategy entirely on the Italian real estate market.


In 2018, Diego Pepe, a seasoned professional with over 30 years of experience within the Italian government and commercial real estate market, joined Zanklon Capital as its ].<ref>{{Cite web |last=Pirolo |first=Alessia |date=25 Oct 2022 |title=Zanklon expands with Milan office |url=https://greenstreetnews.com/article/zanklon-expands-with-milan-office/ |url-status=live |website=green street news}}</ref> In 2018, Diego Pepe, a seasoned professional with over 30 years of experience within the Italian government and commercial real estate market, joined Zanklon Capital as its ].<ref>{{Cite web |last=Pirolo |first=Alessia |date=25 Oct 2022 |title=Zanklon expands with Milan office |url=https://greenstreetnews.com/article/zanklon-expands-with-milan-office/ |website=green street news}}</ref>


In 2022, Zanklon Capital partnered with ] to acquire, for €128 million, Via Paolo di Dono 44 in ], an office building entirely let to the ] (a ] of the ]).<ref>https://prelios.com/sites/prelioscorp/files/press_related_documents/cs_prelios_sgr_via_di_dono_en_def_v1.pdf</ref><ref>{{Cite news |last=Markets |first=Capital |date=March 21, 2022 |title=Dils advises Prelios SGR in the sale of an office asset in Rome's EUR district |url=https://dils.com/en/news/dils-advises-prelios-sgr-in-the-sale-of-an-office-asset-in-romes-eur-district/ |url-status=live |work=Dils.com}}</ref><ref>{{Cite web |last=Johnsson |first=Synne |date=22 Mar 2022 |title=Investcorp buys Rome office building for €128m |url=https://greenstreetnews.com/article/investcorp-buys-rome-office-building-for-e128m/ |url-status=live |website=green street news}}</ref><ref>{{Cite web |last=Pirolo |first=Alessia |date=11 Apr 2022 |title=French bank finances Investcorp's first acquisition in Rome |url=https://greenstreetnews.com/article/french-bank-finances-investcorps-first-acquisition-in-rome/ |url-status=live |website=green street news}}</ref> In 2022, Zanklon Capital partnered with ] to acquire, for €128 million, Via Paolo di Dono 44 in ], an office building entirely let to the ] (a ] of the ]).<ref>https://prelios.com/sites/prelioscorp/files/press_related_documents/cs_prelios_sgr_via_di_dono_en_def_v1.pdf</ref><ref>{{Cite news |last=Markets |first=Capital |date=March 21, 2022 |title=Dils advises Prelios SGR in the sale of an office asset in Rome's EUR district |url=https://dils.com/en/news/dils-advises-prelios-sgr-in-the-sale-of-an-office-asset-in-romes-eur-district/ |work=Dils.com}}</ref><ref>{{Cite web |last=Johnsson |first=Synne |date=22 Mar 2022 |title=Investcorp buys Rome office building for €128m |url=https://greenstreetnews.com/article/investcorp-buys-rome-office-building-for-e128m/ |website=green street news}}</ref><ref>{{Cite web |last=Pirolo |first=Alessia |date=11 Apr 2022 |title=French bank finances Investcorp's first acquisition in Rome |url=https://greenstreetnews.com/article/french-bank-finances-investcorps-first-acquisition-in-rome/ |website=green street news}}</ref>


Following the ], Zanklon Capital recognized the seismic changes in the rapidly evolving Italian hospitality industry, shaped by new traveller behaviours, post-pandemic market dynamics, and the growth of international real estate investments in the local hotel sector.  Based on these new trends, Zanklon Capital decided to shift its resources to focus on the hotel market. Following the ], Zanklon Capital recognized the seismic changes in the rapidly evolving Italian hospitality industry, shaped by new traveller behaviours, post-pandemic market dynamics, and the growth of international real estate investments in the local hotel sector.  Based on these new trends, Zanklon Capital decided to shift its resources to focus on the hotel market.
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In 2024, Yoav Gery joined as a ] in Zanklon Capital, adding his expertise in transactions, project management, legal, branding, operations, and global expansion in the hospitality industry. During his career, Gery oversaw the initial global launch of EDITION (a brand of ]), structured the initial expansion of Ritz-Carlton (another brand of Marriott International) into the branded residential segment and led ]'s growth into the international market. In 2024, Yoav Gery joined as a ] in Zanklon Capital, adding his expertise in transactions, project management, legal, branding, operations, and global expansion in the hospitality industry. During his career, Gery oversaw the initial global launch of EDITION (a brand of ]), structured the initial expansion of Ritz-Carlton (another brand of Marriott International) into the branded residential segment and led ]'s growth into the international market.


In 2024, Zanklon Capital partnered with Extendam, a ]-based private equity investor specialising in business and lifestyle hotels, to forward purchase a 150-keys hotel in ] to be branded Mama Shelter, a 4* brand under Ennismore group within ]<ref>{{Cite web |last=Payne |first=Lucas |date=November 21, 2024 |title=Second Mama Shelter to Arrive in Italy as Ennismore Aannounces New Signing in Lake Como |url=https://thehotelmagazine.co.uk/second-mama-shelter-to-arrive-in-italy-as-ennismore-aannounces-new-signing-in-lake-como/ |url-status=live |website=the hotel magazine}}</ref><ref>{{Cite web |date=18 November 2024 |title=Mama Shelter to open a new hotel at Lake Como in 2026 |url=https://hospitality-on.com/en/hospitality/mama-shelter-open-new-hotel-lake-como-2026 |url-status=live |website=hospitality-on}}</ref> In 2024, Zanklon Capital partnered with Extendam, a ]-based private equity investor specialising in business and lifestyle hotels, to forward purchase a 150-keys hotel in ] to be branded Mama Shelter, a 4* brand under Ennismore group within ]<ref>{{Cite web |last=Payne |first=Lucas |date=November 21, 2024 |title=Second Mama Shelter to Arrive in Italy as Ennismore Aannounces New Signing in Lake Como |url=https://thehotelmagazine.co.uk/second-mama-shelter-to-arrive-in-italy-as-ennismore-aannounces-new-signing-in-lake-como/ |website=the hotel magazine}}</ref><ref>{{Cite web |date=18 November 2024 |title=Mama Shelter to open a new hotel at Lake Como in 2026 |url=https://hospitality-on.com/en/hospitality/mama-shelter-open-new-hotel-lake-como-2026 |website=hospitality-on}}</ref>


Through its broad network of relationships, and its partnership with an Italian-based special servicer, Zanklon Capital identifies off-market opportunities to acquire distressed hotels and NPLs at below market pricing.  Zanklon Capital's current pipeline, totalling over €200M, includes the acquisition of existing hotels in Milan, Tuscany, Sicily, and Sardinia, which Zanklon Capital intends to renovate and reopen in partnership with global brands. Through its broad network of relationships, and its partnership with an Italian-based special servicer, Zanklon Capital identifies off-market opportunities to acquire distressed hotels and NPLs at below market pricing.  Zanklon Capital's current pipeline, totalling over €200M, includes the acquisition of existing hotels in Milan, Tuscany, Sicily, and Sardinia, which Zanklon Capital intends to renovate and reopen in partnership with global brands.
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== References == == References ==
{{Reflist}} {{Reflist}}
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European real estate investment and asset management company
Zanklon Capital
IndustryPrivate Equity
Founded2015; 10 years ago (2015)
London,United Kingdom
Number of locationsLondon,United Kingdom
New York,United States
Milan,Italy
Messina,Italy
Key peopleNatale Giostra: Founder & Managing Partner
Yoav Gery:Partner
Diego Pepe:Chairman
Websitewww.zanklon.com

Zanklon Capital is a European real estate investment and asset management company that specialises in real estate private equity and distressed securities, with offices in London, New York and Milan.

History

Zanklon Capital was founded in 2015 in London by Natale Giostra.

The firm derives its name from the ancient name of Giostra's native town, Messina.  The Greek colonists who founded the city in the 8th century B.C. gave it the name "Zankle" (Ancient Greek: Ζάγκλη), from the Greek Zanklon (ζάγκλον), meaning scythe, based on the shape of Messina's natural harbour.

By the end of 2015, Zanklon Capital partnered with CNM Estates, a London-based commercial and residential developer, to acquire Tolworth Tower, a former office and retail scheme built in 1963 and designed by George Marsh of R. Seifert and Partners. Zanklon Capital arranged the £42 million acquisition and development funding from senior lenders ESR Group (formerly Venn Partners) and Aprirose.

In 2016, Zanklon Capital and CNM Estates forward sold to Invesco Real Estate, for £62.8 million, the east tower of Sutton Point, a 180-unit built-to-rent scheme in south London. Sutton Point was a large mixed-use asset that included a 99-key Ibis hotel and a 59-key Adagio aparthotel (both brands of Accor, Europe's largest hotel company). Zanklon Capital also arranged the Sutton Point's development funding provided by senior lender Starwood Capital Group.

Former Lehman Brothers and Credit Suisse investment banker Giuliano Cislaghi joined Zanklon Capital in 2017, but left in 2021 to pursue other opportunities in the renewable energy sector.  Cislaghi has remained as a senior advisor of Zanklon Capital.

Following the withdrawal of the United Kingdom from the European Union in 2020, Giostra decided to focus Zanklon Capital's strategy entirely on the Italian real estate market.

In 2018, Diego Pepe, a seasoned professional with over 30 years of experience within the Italian government and commercial real estate market, joined Zanklon Capital as its chairman.

In 2022, Zanklon Capital partnered with Investcorp to acquire, for €128 million, Via Paolo di Dono 44 in Rome, an office building entirely let to the International Fund for Agricultural Development (IFAD) (a specialised agency of the United Nations).

Following the COVID-19 pandemic, Zanklon Capital recognized the seismic changes in the rapidly evolving Italian hospitality industry, shaped by new traveller behaviours, post-pandemic market dynamics, and the growth of international real estate investments in the local hotel sector.  Based on these new trends, Zanklon Capital decided to shift its resources to focus on the hotel market.

In 2024, Yoav Gery joined as a partner in Zanklon Capital, adding his expertise in transactions, project management, legal, branding, operations, and global expansion in the hospitality industry. During his career, Gery oversaw the initial global launch of EDITION (a brand of Marriott International), structured the initial expansion of Ritz-Carlton (another brand of Marriott International) into the branded residential segment and led WeWork's growth into the international market.

In 2024, Zanklon Capital partnered with Extendam, a Paris-based private equity investor specialising in business and lifestyle hotels, to forward purchase a 150-keys hotel in Lake Como to be branded Mama Shelter, a 4* brand under Ennismore group within Accor

Through its broad network of relationships, and its partnership with an Italian-based special servicer, Zanklon Capital identifies off-market opportunities to acquire distressed hotels and NPLs at below market pricing.  Zanklon Capital's current pipeline, totalling over €200M, includes the acquisition of existing hotels in Milan, Tuscany, Sicily, and Sardinia, which Zanklon Capital intends to renovate and reopen in partnership with global brands.

References

  1. Asara, Virna (27 October 2015). "CNM Estates buys London Tolworth tower for redevelopment". ipe realassets.
  2. Montague-Jones, Guy (26 Oct 2015). "Venn and Aprirose fund CNM's Kingston tower deal". property week.
  3. Giostra, Natale (Jan 20, 2016). "CNM Estates announces funding for Tolworth Tower". slide share.
  4. staff, IPE (30 May 2017). "Invesco Real Estate forward funds outer London residential scheme". IPE Real Assets.
  5. "Invesco Real Estate forward funding of €62.8m for 180 build-to-rent units in south London (GB)". Europe Real Estate. 30 May 2017.
  6. Lee, Isobel (30 May 2017). "Invesco forward funds London BTR scheme". Property EU.
  7. Pirolo, Alessia (25 Oct 2022). "Zanklon expands with Milan office". green street news.
  8. https://prelios.com/sites/prelioscorp/files/press_related_documents/cs_prelios_sgr_via_di_dono_en_def_v1.pdf
  9. Markets, Capital (March 21, 2022). "Dils advises Prelios SGR in the sale of an office asset in Rome's EUR district". Dils.com.
  10. Johnsson, Synne (22 Mar 2022). "Investcorp buys Rome office building for €128m". green street news.
  11. Pirolo, Alessia (11 Apr 2022). "French bank finances Investcorp's first acquisition in Rome". green street news.
  12. Payne, Lucas (November 21, 2024). "Second Mama Shelter to Arrive in Italy as Ennismore Aannounces New Signing in Lake Como". the hotel magazine.
  13. "Mama Shelter to open a new hotel at Lake Como in 2026". hospitality-on. 18 November 2024.

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