Christie & Co Advises JP Immobilien on Sale of 114-Room Mallorca Hotel to Amundi

Christie Group plc's agency and advisory business, Christie & Co, advised JP Immobilien on the sale of the Bikini Island & Mountain Port de Sóller Hotel in Mallorca to Amundi Real Estate Italia SGR. Investegate published the announcement on October 23, 2026. The price was not disclosed.

Christie & Co's Mallorca Hotel Transaction

Christie & Co advised JP Immobilien, the Austrian property developer, on the sale of the four-star, 114-room Bikini Island & Mountain Port de Sóller Hotel in Mallorca to Amundi Real Estate Italia SGR, one of Europe's leading asset managers. The transaction followed a targeted marketing process for the hotel, managed by Christie & Co, which attracted interest from a select group of international investors.

The sale represents a significant cross-border transaction, involving a Spanish hospitality asset, an Austrian seller and major European institutional investor. It highlights growing institutional interest in premium resort destinations, particularly those characterised by strong tourism fundamentals and limited opportunities for new development.

The transaction also reflects wider investment trends identified in Christie & Co's UK Hotel Market Review 2026, published on 25 June 2026, which outlined continued institutional investor appetite for high-value hospitality assets and portfolios, alongside growing demand for leisure-led businesses. Christie & Co was ranked the most active hotel agent in the UK and Eurozone by transaction volumes in 2025, according to MSCI Real Assets Global Brokerage Rankings.

Dan Prickett, Chief Executive of Christie Group plc, said: "We are delighted to have supported JP Immobilien on this landmark transaction, which demonstrates Christie & Co's ability to attract and connect major institutional investors with high-quality hospitality assets across Europe."

Christie Group's Recent Divestitures and Pension Move

According to akta.pro company records, Christie Group closed two defined benefit pension schemes to active members in April 2026, transferring staff to defined contribution plans, with stated intent to pursue full buy-in and buy-out to remove legacy liabilities from the balance sheet. In December 2025, the group sold its loss-making visitor attraction software business Vennersys to Digital Ticketing Systems (DigiTickets) for an initial £500,000 cash plus up to £900,000 in contingent payments, sharpening focus on core professional services.

Christie Group's Interim Results and Growth Strategy

UK Investor Magazine reported in September 2026 that Christie Group will announce interim results for the period to June 28th September, with shares rising 58% to 190p since April and analysts expecting profits to fall due to investment. The company anticipates selling over 1,000 businesses this year. In June 2026, UK Investor Magazine published an interview with Daniel Prickett, Group Chief Executive of Christie Group plc, discussing the company's growth strategy and FY25 results.