Cugo Gran, Menorca, Islas Baleares in Spain

Words by Codelia Mantsebo

Cugo Gran perfectly captures the serene style of the idyllic countryside of Menorca. Providing a sublime experience against a backdrop of immaculately manicured gardens, azure sea views and vineyards, this boutique hotel transports you to a tranquil slice of heaven as soon as you enter its traditional Menorcan wooden gates…

The cypress tree lined driveway to the hotel sets the tone for a vast landscape dotted with trees, wonderfully manicured shrubbery and panoramic Mediterranean Sea views.

Perched above elegant terraces that look out onto natural scenes, the 12 bedroom country house, which can also be rented in its entirety sleeping up to 24 guests, is dressed in chic neutral tones that make the contrasting green gardens and the blues of sky and distant sea appear all the brighter.

You won’t find avant-garde artworks or gaudy interiors here. That isn’t the focus at Cugo Gran, art pieces are outshined by some of nature’s finest work.
With a talented gardener maintaining the grounds, the estate has its own vineyard, lavender fields, orchards and vegetable gardens. Donkeys, geckos and tortoises which quietly roam the grounds add to that natural glory.

An initial glimpse of the property does not reveal its old age. After years of renovation, the 200-year-old Menorcan farmhouse was transformed into an upscale, luxury country house offering peace and tranquillity, with exceptional attention to detail – a masterclass in modern Mediterranean good taste.

Although just 15 minutes away from the airport, the atmosphere of this secluded country estate is totally serene. The sounds of landing and taking-off planes are replaced by harmonic cicada rhythm, and an air of calm peacefulness.

Harry, the general manager, greeted us upon arrival with refreshing cocktails local to Menorca – followed by slightly disappointing news that our room wasn’t quite ready yet.

It wasn’t long before we were walking though the gardens to the 26m infinity pool (which by the way, has butlers appearing every 40 minutes with chilled towels and refreshing drinks). We waited patiently while taking in the relaxing views from the sun decks.

There are seven rooms in the main building, and five in the boyera outbuildings which all have their own gated gardens. Each room is named after local areas or flowers and shrubs – beautifully decorated and full of light, with pale open wooden beams and natural wood floors.

Serenely rustic interiors lend this villa an elegant country cottage appeal. Our room, Poglia, located in the main house, offered picturesque views from the terrace. It was elegantly furnished, with crisp luxurious linens, towels and toiletries from The White Company. The refined, yet simple comforts made the perfect home from home.

While this Spanish gem has stunning scenery, it’s the attentive and enthusiastic staff that made our stay special. Nothing appeared to be too much trouble for them, and this is what truly makes Cugo Gran stand out.

They’ve mastered the right balance between giving you your space to enjoy your stay in a beautiful location, but also an unobtrusive team who’s always willing to help make your stay as enjoyable as possible.

Each morning, we’d start our day with a lovely spread for breakfast outside, overlooking the gardens and the sea in the distance. There’s no written breakfast menu, but the kitchen was always pleased to satisfy our morning cravings.

I almost-always opted for freshly made poached eggs from the chickens they have on site, though the pancakes with strawberries freshly picked from the garden were equally delicious. If you can wake up early enough, you can see (or join) the chef collect fresh eggs, vegetables and herbs directly from the grounds.

For dinner, we enjoyed spectacular sunset views along with the freshest seasonal and local ingredients – of course, much of it sourced from the hotel’s own gardens. We ordered from the villa’s new menu, created by head chef Roberto Sarrió.

The menu featured several Menorcan dishes with a contemporary twist, including signature rice dishes such as ‘Paella with rabbit and Menorcan prawns’ – which was divine. The menu changes seasonally, but do opt for the fresh catch of the day if available – you’ll not be disappointed.

Sadly, dinner isn’t served on Mondays – but the well informed staff are very happy to recommend the best local restaurants.

The only certified 5 star Agroturismo in Menorca, Cugo Gran is so cleverly thought out, an ideal location for those with a penchant for all things natural and those wishing to escape the bustle of everyday life.

It’s hard to describe this boutique villa – but it is not easily forgotten. The birdsong, the calm breeze, the glorious scents in the air and the breathtaking views that stretch as far as the eye can see remain so vivid in my memory.

Rooms start from €450 for a two-night stay on a bed and breakfast basis.

Address: Cugó Gran, Camí Sa Forana s/n, 07712 Sant Climent,Maó – Mahon, Menorca, Islas Baleares, Spain
Phone: +34 671 528 958

Source: luxurylifestylemag.co.uk

Luxury Lifestyle Magazine 20 08 2018

Malta’s 2nd Seabin to be installed in Historical 3 Cities Marina by 7 Private Companies

The Von der Heyden Group, Cugó Gran Macina Grand Harbour, Hammett’s Collection, The Grand Harbour Marina, Palumbo, Bradbury Yacht Concierge Services and S&D Yachts announced the installation of Malta’s 2nd Seabin in a press conference held at The Sheer Bastion today, Thursday 25th October.

The 7 private companies have collaborated with Strand Marine and e-NGO Żibel, a community dedicated to keeping Malta clean, in procuring this award winning device capable of filtering 25.000 Litres of seawater per hour and 1.5Kgs of floating debris per day including harmful microplastics up to 2mm small.

Chris Hammett, director of Hammett’s Collection said: “The 3 city marinas not only provide unparalleled scenery to an iconic landmark in Malta, it is part of the island’s cultural heritage that is enjoyed by locals and visitors from all over the world. Investing in this incredible holistic solution is another step forward in ensuring environmental sustainability’’.

The 3 Cities Marina Seabin is the second Seabin to be installed after the one at the Yacht Marina in Pieta and maintained with the help of the local Senglea Regatta Club.  The idea was developed in Australia with the help of crowdfunding.  Sea Bins have already made a huge difference to harbours in places such as Gibraltar, Singapore, Ireland, Italy and the UK.

Recruitment Day at ITS Luqa, Malta

Today, the Von der Heyden Group, IBB Hotel Collection, managing company for Cugó Gran Macina Grand Harbour and IBB Hammett’s Operations Ltd joined over 20 of some of Malta’s most pioneering hospitality companies in this year’s Industry – Student Meet Up held at the new Institute of Tourism Studies (ITS) in Luqa. Amongst the different reputable organisations, Cugo Gran Macina Grand Harbour was the only boutique hotel in the industry hosting 21 suites, offering unique and exciting opportunities in the field of hospitality. The Von der Heyden Group, IBB Hotel Collection, Cugo Gran Macina Grand Harbour and IBB Hammett’s Operations Ltd look forward to proceeding further with some of Malta’s most promising talent in the industry.

Former Finance Minister joins VDH Group Management Board

The Von der Heyden Group is expanding and consolidating its central operations in Malta.

Von der Heyden Group, a high-quality niche player in the European real estate market, has announced new appointments in line with its further expansion and the consolidation of its central operations in Malta.

Former Finance Minister Tonio Fenech joins the Management Board of TIMAN Investments Holdings. Mr Fenech played a key role in driving forward Malta’s economic development.

Meanwhile, Bob Rottinghuis, who has dedicated 10 years as a consultant to the Group before his role as Chief Operating Officer in 2016 and who was fundamental in configuring the success of the €25 million bond issue in Malta in 2017, assumes the role of Group Chief Executive Officer.

Both appointments came into effect on 1st January 2019.

The new appointments will enable Group Chairman Sven von der Heyden and Managing Director Javier Errejón Sainz de la Maza to concentrate on further strengthening its four pillars of business, expanding them into new markets and seizing new opportunities.

Mr von der Heyden, said: “We look back on thirty extraordinary years with many landmark projects which have led us to where we are today, starting from zero back in 1989. Over the years, we have built a team of almost 400 people who contribute at all levels to the continuing success of our Group in our real estate investments and developments, our hotel group IBB Hotel Collection, as well as in our alternative investments.”

The Von der Heyden Group is undergoing the finalisation of Munich’s largest development project Bavaria Towers, having recently signed various 10 year lease contracts for the state of the art project with a total investment value of €180 million. In addition, VDHG has completed the hotel IBB Dlugi Targ in Gdansk, Poland – another hotel for the IBB Hotel Collection which has been highly successful since its launch.
In 2019, the Group plans to invest in Ukraine and the Maldives, although the due diligence phase is still ongoing.

Source: www.maltachamber.org.mt

Tonio Fenech joins TIMAN Investment board Von der Heyden Group announces new CEO

Former Finance Minister Tonio Fenech has joined the management board of TIMAN Investment Holdings, a subsidiary of the Malta-based high-end real estate player Von der Heyden Group.

The new appointment is one of two which the board made at the turn of the year, with Bob Rottinghuis also assuming the role of Group Chief Executive Officer within the group.

Mr Rottinghuis spent a decade as a consultant to the group before becoming its Chief Operating Officer in 2016, and was fundamental in the group’s €25 million bond issue in Malta in 2017.

In a statement, the group said that the new appointments “will enable Group Chairman Sven von der Heyden and Managing Director Javier Errejón Sainz de la Maza to concentrate on further strengthening its four pillars of business, expanding them into new markets and seizing new opportunities.”

The group is currently finalising Bavaria Towers, Munich’s largest development project, and has completed the hotel IBB Dlugi Targ in Gdansk, Poland.

Mr Sven von der Heyden, said: “Over the years, we have built a team of almost 400 people who contribute at all levels to the continuing success of our Group in our real estate investments and developments, our hotel group IBB Hotel Collection, as well as in our alternative investments.”

In December 2018, Von der Heyden Group moved its corporate offices from Valletta to a new state of the art office in the 14 East tower building in Gzira.

Source: Times of Malta

Von der Heyden Group announces new appointments in line with the further expansion of the Group and consolidation of central operations in Malta

Von der Heyden Group, a high-quality niche player on the European Real Estate Market, has announced new appointments in line with the further expansion of the Group and consolidation of central operations in Malta.

Bob Rottinghuis, will assume the role of Group Chief Executive Officer. Having dedicated 10 years as a consultant to the Group before taking on his role as Chief Operating Officer in 2016, Mr Rottinghuis was fundamental in configuring the successful 25-million-euro bond issued in Malta in 2017. In addition, Tonio Fenech, former Finance Minister of Malta until 2013, will join the Management Board of TIMAN Investments Holdings. Mr Fenech was responsible with his fellow cabinet members, for Malta’s successful economic development during his ten-year tenure and laying the grounds for today’s economic unprecedented boom. Both appointments came into effect on 1st January 2019.

                        
Bob Rottinghuis                                                                   Tonio Fenech

The new appointments will enable Group Chairman Sven von der Heyden and Javier Errejón Sainz de la Maza as Managing Director to concentrate on further enhancing its four pillars of business, expanding them into new markets and seizing new opportunities.

The year 2019 marks the Von der Heyden Group’s 30-year anniversary in Europe.

Von der Heyden Group Chairman, Sven von der Heyden: ‘We look back on three incredible decades with many landmark projects which have led us to where we are today, starting from zero back in 1989. We are very proud to have a team of almost 400 people who contribute at all levels to the continuing success of our Group in our real estate investments and developments, our hotel group IBB Hotel Collection as well as in our alternative investments’

In December 2018, the Group has moved its corporate offices from Valletta to a new state of the art office in the 14 East tower building in Gzira, Malta.

About the Von der Heyden Group

Von der Heyden Group (VDHG) is a high-quality niche player on the European Real Estate Market and has been successfully developing Class A Office buildings and Hotels in central and strategic locations in Malta, Germany, Poland and Spain.

The Group is commonly known for its high-end finishes and quality, and at all times achieved record prices for its award-winning projects, when sold.

In March 2017, the Group, through its special purpose vehicle Von der Heyden Group Finance plc, has issued a €25 million bond which is listed on the Malta Stock Exchange. It was the most traded bond in terms of number of transactions during the year 2018.

The Von der Heyden Group is undergoing the finalization of Munich’s largest development project Bavaria Towers, having recently signed various 10 year lease contracts for the state of the art project with a total investment value of €180 million. In addition, VDHG has completed the hotel IBB Dlugi Targ in Gdansk, Poland – another hotel for the IBB Hotel Collection which has been highly successful since its launch. Furthermore in Poznan, Poland, the Group is planning the Andersia Silver project for around Euro 110 million, which however will only be tackled in a more favourable environment.

With 30 years sound experience and continuing presence on European markets, VDHG enjoys the trust of international financial institutions, funds and big market players, as well as embassies, governmental institutions and cities. The Von der Heyden Group, have since 1989 recorded an investment program, impending acquisitions and developments with a value of over half a billion euro.

In 2019, the Group plans to invest in Ukraine and the Maldives, although the due diligence phase is still ongoing.

VDHG Press Release Ukraine New Investments ENG

New appointments at Von der Heyden Group

Von der Heyden Group, a high-quality niche player in the European real estate market, has announced new appointments in line with its further expansion and the consolidation of its central operations in Malta. This year marks the Von der Heyden Group’s 30- year anniversary in Europe.

Bob Rottinghuis, who has dedicated 10 years as a consultant to the Group before his role as Chief Operating Officer in 2016 and who was fundamental in configuring the success of the €25 million bond issue in Malta in 2017, assumes the role of Group Chief Executive Officer.

In addition, Tonio Fenech joins the Management Board of TIMAN Investments Holdings. Serving as Finance Minister of Malta till 2013, Mr Fenech played a key role in driving forward Malta’s economic development. Both appointments came into effect on 1 st January 2019.

The new appointments will enable Group Chairman Sven von der Heyden and Managing Director Javier Errejón Sainz de la Maza to concentrate on further strengthening its four pillars of business, expanding them into new markets and seizing new opportunities.

Sven von der Heyden, said: “We look back on thirty extraordinary years with many landmark projects which have led us to where we are today, starting from zero back in 1989. Over the years, we have built a team of almost 400 people who contribute at all levels to the continuing success of our Group in our real estate investments and developments, our hotel group IBB Hotel Collection, as well as in our alternative investments.”

In December 2018, Von der Heyden Group moved its corporate offices from Valletta to a new state of the art office in the 14 East tower building in Gzira.

Von der Heyden Group (VDHG) is a high-quality niche player on the European Real Estate Market and has been successfully developing Class A Office buildings and Hotels in central and strategic locations in Malta, Germany, Poland and Spain. The Group is commonly known for its high-end finishes and quality, and at all times achieved record prices for its award-winning projects, when sold.

Since March 2017, the Group through its special purpose vehicle Group Von der Heyden Group Finance plc has €25 million bonds in issue and is listed on the Malta Stock Exchange. It was the most traded bond in in terms of number of transactions during 2018.

The Von der Heyden Group is undergoing the finalization of Munich’s largest development project Bavaria Towers, having recently signed various 10 year lease contracts for the state of the art project with a total investment value of €180 million. In addition, VDHG has completed the hotel IBB Dlugi Targ in Gdansk, Poland – another hotel for the IBB Hotel Collection which has been highly successful since its launch.

Furthermore in Poznan, Poland, the Group is planning the Andersia Silver project for around Euro 110 million, which however will only be tackled in a more favourable environment.

With 30 years sound experience and continuing presence on European markets, VDHG enjoys the trust of international financial institutions, funds and big market players, as well as embassies, governmental institutions and cities. The Von der Heyden Group, have since 1989 recorded an investment program, impending acquisitions and developments with a value of over half a billion euro.

In 2019, the Group plans to invest in Ukraine and the Maldives, although the due diligence phase is still ongoing.

Source: www.livenewsmalta.com

New appointments at Von der Heyden Group in line with its expansion and consolidation of central operations in Malta

Von der Heyden Group, a high-quality niche player on the European real estate market, has announced new appointments in line with its further expansion of its  central operations in Malta. This year marks the Von der Heyden Group’s 30-year anniversary in Europe.

Mr Bob Rottinghuis, who has dedicated 10 years as a consultant to the Group before his role as Chief Operating Officer in 2016 and who was fundamental in configuring the successful €25 million bond issue in Malta in 2017, assumes the role of Group Chief Executive Officer. In addition, Mr Tonio Fenech joins the Management Board of TIMAN Investments Holdings. Serving as Finance Minister of Malta till 2013, Mr Fenech payed key role in driving forward Malta’s economic development.  Both appointments came into effect on 1st January 2019.

The new appointments will enable Group Chairman Sven von der Heyden and Managing Director Javier Errejón Sainz de la Maza to concentrate on further strengthening its four pillars of business, expanding them into new markets and seizing new opportunities.

Mr Sven von der Heyden said: ‘We look back on thirty extraordinary years with many landmark projects which have led us to where we are today, starting from zero back in 1989. Over the years, we have built a team of almost 400 people who contribute at all levels to the continuing success of our Group in our real estate investments and developments, our hotel group IBB Hotel Collection as well as in our alternative investments’

In December 2018, Von der Heyden Group moved its corporate offices from Valletta to a new state of the art office in the 14 East tower building in Gzira.

About the Von der Heyden Group

Von der Heyden Group (VDHG) is a high-quality niche player on the European Real Estate Market and has been successfully developing Class A Office buildings and Hotels in central and strategic locations in Malta, Germany, Poland and Spain. The Group is commonly known for its high-end finishes and quality, and at all times achieved record prices for its award-winning projects, when sold.

Since March 2017, the Group, through its special purpose vehicle Von der Heyden Group Finance plc, has issued a €25 million bonds in issue and its listed on the Malta Stock Exchange. It was the most traded bond in terms of number of transactions during the year 2018.

The Von der Heyden Group is undergoing the finalization of Munich’s largest development project Bavaria Towers, having recently signed various 10 year lease contracts for the state of the art project with a total investment value of €180 million. In addition, VDHG has completed the hotel IBB Dlugi Targ in Gdansk, Poland – another hotel for the IBB Hotel Collection which has been highly successful since its launch. Furthermore in Poznan, Poland, the Group is planning the Andersia Silver project for around Euro 110 million, which however will only be tackled in a more favourable environment.

With 30 years sound experience and continuing presence on European markets, VDHG enjoys the trust of international financial institutions, funds and big market players, as well as embassies, governmental institutions and cities. The Von der Heyden Group, have since 1989 recorded an investment program, impending acquisitions and developments with a value of over half a billion euro.
In 2019, the Group plans to invest in Ukraine and the Maldives, although the due diligence phase is still ongoing.

Source: The Malta Independent 11.01.2019

New appointments in line with its expansion and consolidation of central operations

Von der Heyden Group, a high-quality niche player on the European real estate market, has announced new appointments in line with its further expansion and consolidation of its  central operations in Malta. This year marks the Von der Heyden Group’s 30-year anniversary in Europe. Mr Bob Rottinghuis, who has dedicated 10 years as a consultant to the Group before his role as chief operating officer in 2016 and who was fundamental in configuring the success of the €25 million bond issue in Malta in 2017, has assumed the role of Group chief executive officer. In addition, Mr Tonio Fenech joins the Management Board of TIMAN Investments Holdings. Serving as Finance Minister of Malta till 2013, Mr Fenech payed key role in driving forward Malta’s economic development.  Both appointments came into effect on 1st January 2019.The new appointments will enable Group chairman Sven von der Heyden and managing director Javier Errejón Sainz de la Maza to concentrate on further strengthening its four pillars of business, expanding them into new markets and seizing new opportunities.

‘We look back on 30 extraordinary years with many landmark projects which have led us to where we are today, starting from zero back in 1989″, Mr Sven von der Heyden said. “Over the years, we have built a team of almost 400 people who contribute at all levels to the continuing success of our Group in our real estate investments and developments, our hotel group IBB Hotel Collection as well as in our alternative investments’.

In December 2018, Von der Heyden Group moved its corporate offices from Valletta to a new state of the art office in the 14 East tower building in Gzira.

Von der Heyden Group is a high-quality niche player on the European real estate market and has been successfully developing Class A Office buildings and hotels in central and strategic locations in Malta, Germany, Poland and Spain. The Group is commonly known for its high-end finishes and quality, and at all times achieved record prices for its award-winning projects, when sold.

Source: Times of Malta
Times of Malta New Appointments 11 01 2019

Von der Heyden Group announces multi-million investments in Ukraine and new appointments in line with the further expansion of the Group

Von der Heyden Group, a leading high-quality niche player on the European Real Estate market recording impending acquisitions and developments with a value of over half a billion euro, has announced multi-million investments in Ukraine. The group, renowned for creating landmark Class A office buildings and Hotels and in achieving record prices for its award-winning projects, plans to invest between 50-100 million US dollars in Kyiv and Lviv in the coming three years after finalising currently ongoing due diligence on various assets. The Group, with extensive experience of being a first mover in upcoming markets, would invest its own funds as well as that of third parties.

Von der Heyden Group is undergoing the finalization of Munich’s largest development project Bavaria Towers, having recently signed various 10-year lease contracts for the state of the art project with a total investment value of €180 million. In addition, the group is recording a successful return on investment in its recently completed, historical addition to its subsidiary 13-hotel hospitality group IBB Hotel Collection, IBB Dlugi Targ in Gdansk, Poland. The Group is also planning the final development phase for Poznań’s highest building Andersia Silver, with an investment value of Euro 110 million.

Von der Heyden Group, has announced new appointments in line with the further expansion of the Group into new markets and consolidation of central operations in Malta. Mr Bob Rottinghuis, who has dedicated 10 years as a consultant to the Group before his role as Chief Operating Officer in 2016, assumes the role of Group Chief Executive Officer. Mr. Rottinghuis was fundamental in configuring a €25 million bond issue in Malta in 2017 for the group, recorded as the most traded bond in terms of number of transactions during the year 2018. In addition, Tonio Fenech, former Finance Minister of Malta until 2013, has joined the Management Board of TIMAN Investments Holdings. Mr Fenech was responsible with his fellow cabinet members, for Malta’s successful economic development during his ten-year tenure and laying the grounds for today’s economic unprecedented boom.

The year 2019 marks the Von der Heyden Group’s 30-year anniversary in Europe.

Von der Heyden Group Chairman, Sven von der Heyden:

‘We look back on three incredible decades with many landmark projects which have led us to where we are today, starting from zero back in 1989. We are very proud to have a team of almost 400 people who contribute at all levels to the continuing success of our Group in our real estate investments and developments, our hotel group IBB Hotel Collection as well as in our alternative investments. We look forward to two new developments in Ukraine this year, marking our expansion into a 5th market beyond Germany, Poland, Spain and Malta, and in contributing to the country’s further growth and development.’

VDHG Press Release Ukraine New Investments UA
VDHG Press Release Ukraine New Investments RUS
VDHG Press Release Ukraine New Investments ENG

Von der Heyden Group Finance Plc´s guarantor TIMAN Investments Holdings reports its audited and consolidated Financial Statements for the period ended 31st December 2018 with a profit after tax of EUR 13,128,910.

Bavaria Towers, Munich

Timan Investments Holdings Limited (the Group – consolidated), presented consolidated and audited annual accounts for the financial year ended 31st December 2018, reporting a record profit after tax of EUR 13,128,910 (2017: related loss €1,025,181).

The profit for Timan Investment Holdings Limited (the Company – stand-alone) for the year after tax amounted to EUR 14,225,162 (2017: EUR 1,995,190. Timan Investment Holdings Limited (the Company) holds for capital growth and income generation, investments in 35 subsidiaries and associated companies around Europe.

The Group reported a net shareholders  Equity of EUR 44,908,978 (2017 EUR 35,381,712) with a percentage increase of 26.9%.

During this financial year, the Group’s results have been positively impacted by the financial results of Bogenhausener Tor Immobilien Sàrl (BTI), an associated undertaking which is the developer of Munich’s largest development project, Bavaria Towers. Situated in the Bogenhausen district on the eastern edge of Munich, the Bavaria Towers project has reached substantial completion, creating a stunning new gateway to the city and consisting of four high-rise towers with circa 78,000 sqm of total gross rental area and two central underground car parks with almost 1000 spaces. Furthermore, the Blue Tower, an 18 Level building with office rental area of some 24,500 sqm which is co-owned by the group has successfully pre-leased over 90% of the available rental space with negotiation on the limited available space in advanced negotiations with potential tenants. The share of profits generated from BTI as a result of property revaluation for the year ended 31 December 2018 amounted to €17,867,487.

The Group registered an increase in turnover of €4.5 million. This is 23.2% increase over the previous financial year, was mainly generated from its subsidiary hospitality group IBB Hotel Collection, consisting of 13 hotels around Europe. During 2018, the hotel chain proceeded with its expansion plans: Recently opened, historical IBB Hotel Dlugi Targ in Gdansk is recording a successful return on investment, whilst IBB Hotel Paderborn and IBB Hotel Ingelheim in Germany and Cugó Gran Macina Grand Harbour in Malta had their first full year of operations. Furthermore, IBB Hotel Collection has invested in a new four-star hotel in Eichstätt – a baroque episcopal and university town in the heart of Bavaria, Germany. This stylish, modern and luxury hotel located within the city’s new quarter “Spitalstadt” will host 90 rooms with plans to open in spring of 2020.

     

In line with the Group’s continued expansion and its investment in Human resources and improvements in operating procedures, it experienced an increase in cost of sales, staff costs and operating expenses of EUR 4.3 million.

In March 2017, the Group through its special purpose vehicle Von der Heyden Group Finance plc has issued a €25,000,000 bond which is listed on the Malta Stock Exchange. It was the most traded bond in terms of number of transactions during the year 2018. The bonds were issued to support the group to finance its future projects whilst at the same time enabling the Group to seize new opportunities that may arise in the market.

‘This year marks the Von der Heyden Group’s 30th anniversary in Europe. These record results are testament to three decades of many landmark projects and transactions which have led us to where we are today. We are very proud  to have a team of over 400 people who contribute at all levels to the continuing success of our Group in our real estate investments and developments, our hotel group IBB Hotel Collection as well as in our alternative investments’

Sven von der Heyden
Chairman
Von der Heyden Group

TIH Press Release VDHG FY18 Results 16 05 2019