Mohari secures €330m refinancing for Four Seasons Madrid

Mohari Hospitality has refinanced the Four Seasons Hotel Madrid, following its transition to sole ownership of the asset.

The refinancing has been arranged by Generali Real Estate acting as the sole lender through its commercial real estate debt platform

The hotel is located within the Centro Canalejas complex in the heart of Madrid and includes the prominent Hermès retail space at the front of the building.

The transaction provides €330 million of financing and represents a key step in aligning the asset’s capital structure with Mohari’s long-term ownership strategy.

What they said

Fabio Longo, Chief Investment Officer at Mohari Hospitality, said: “Completing this refinancing following our transition to sole ownership is an important step in aligning the capital structure with our strategic direction for the asset and long-term positioning. We value our partnership with Generali Real Estate and their ability to execute on large, complex transactions with a high degree of certainty and discipline.”

Stefano Lombardo, Head of Debt Funds at Generali Real Estate SGR, said: “This is a highly strategic transaction for Generali Real Estate and an excellent example of the strong partnership we have developed with Mohari over time. It reflects a shared approach grounded in high execution standards and a clear focus on long-term value creation. It further confirms our proven capability to originate, structure and underwrite large, complex transactions, and to support sponsors on demanding, high‑profile deals with certainty of execution and a long-term partnership mindset.”