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COIMA, Eagle Hills to unlock restoration of Venice hotel

Gulf Today

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June 17, 2025

COIMA SGR, a leading Italian real estate investment and asset manager, has finalised an agreement to acquire 100 per cent of the legacy debt on the historic Grand Hôtel des Bains, paving the way for the full restoration of the landmark property on the Lido di Venezia.

The project will be financed through the newly launched COIMA Des Bains Fund, backed jointly by the COIMA ESG City Impact Fund - Italy’s largest urban regeneration vehicle - and Abu Dhabi-based Eagle Hills, a global real estate investment and development company.

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