Qatari investment bank QInvest has announced itself as the new owner of OneOcean Port Vell, through its wholly-owned subsidiary BOH LLC, and in conjunction with its investment partner, a regulated investment fund beneficially owned by the Vagit Alekperov family.
The announcement follows an agreement reached with the current owner, Salamanca Group, who has identified the time as appropriate to bring in strategic owners that have the profile and local presence in Barcelona to invest in and further develop the infrastructure.
QInvest has an extensive and successful investment track record in the real estate and infrastructure sectors in Barcelona. A dedicated team combining the expertise of both joint venture partners will be focused on managing and overseeing the growth of OneOcean Port Vell to maintain and enhance its positioning within the European superyacht marina market.
“We are very pleased to be [leading the new] ownership of One Ocean Port Vell,” says QInvest’s CEO Tamim Hamad Al-Kawari. “As one of the most prestigious marinas in the region, situated in one of Europe’s leading cities, we are confident about its prospects for the future.”
“This is a good asset which we have supported for a number of years,” adds Craig Cowie, QInvest’s head of real estate investment and advisory. “Following its extensive re-development in recent years, OneOcean Port Vell now has significant potential for growth and we are committed to working hand-in-hand with the regulatory authorities, including the Barcelona Port Authority, the wider local community and all other stakeholders to support its continued development and success.”
Having spoken to the in-house team at OneOcean Port Vell, it appears that it is business as usual for now at the marina. It is expected that the vision of the new board will allow the marina to build on and consolidate as a leading winter home port and summer destination for superyachts.