Eurazeo's EZORE Fund Acquires Italy's Largest Thermal Park

Eurazeo has marked its entry into the Italian market with the acquisition of Aquardens, the country's largest thermal park. This acquisition is the first transaction under Eurazeo's newly launched EZORE fund, which targets Operational Real Estate assets throughout Europe. The investment underscores Eurazeo's strategy to bolster businesses anchored in real estate, enhancing value creation for the company.

Located near popular tourist destinations, Aquardens offers a diverse range of wellness and leisure services. To enhance customer experience, Eurazeo plans extensive upgrades, including a new hotel and expanded spa facilities. They also aim to improve sustainability by decarbonizing operations and producing renewable energy onsite.

This move represents a strategic step for the EZORE fund, aligning with trends in hospitality and leisure sectors. Eurazeo's Real Estate team leverages its expertise to drive growth, with the shared objective of establishing Aquardens as a leader in the European market.