Largillière Finance supports Groupe Bécarré in its fundraising for the construction of a 3 * tourist hotel on Reunion Island

Groupe Bécarré launches the construction of a 3 * tourism hotel – The Holy Land – in the heart of Saint-Pierre, Reunion

Based in Paris, Groupe Bécarré is a specialist in real estate operations in Île-de-France and Overseas, with a strong expertise on the island of Reunion.

Groupe Bécarré begins construction of a 3 * hotel in the heart of the town of Saint-Pierre, nicknamed the “capital of the South” of Reunion Island. Based on an innovative concept, the hotel will offer forty rooms including five duplexes, a relaxation area, a pool, … to satisfy its customers. The management of the hotel will be entrusted to a regional expert.

The financing of the project (walls and funds) is made in equity and by a regional banking pool composed of BNP Paribas La Réunion and Crédit Agricole Mutuel de La Réunion.

The project has also obtained the guarantee of Bpifrance La Réunion and the support of the European Regional Development Fund (ERDF).

Christian and Antoine Bertetto of Groupe Bécarré, entrust us: ” We are particularly excited to launch the construction of the Hôtel Le Terre Sainte. The expertise and involvement of Paul Bougnoux and Shamir Razavhoussen have been invaluable to us. Largillière Finance helped us to conclude a complex operation in the best conditions.

Shamir Razavhoussen, Director at Largillière Finance: ” We are delighted to have accompanied Groupe Bécarré on its financing operation for the Hôtel Le Terre Sainte on Reunion Island. This project is aimed to meet a great success in a tourist market still hampered by the hotel shortage in the category of the Hotel The Holy Land on the island. This operation also enables Largillière Finance to continue its strong growth in the overseas regions.

About Groupe Bécarré (www.becarre.com)

Founded in 1998 by Christian Bertetto, Groupe Bécarré is a real estate developer with 13 million sales. It offers its clients high quality and diversified real estate operations: housing, commercial premises, industrial buildings, managed residences, …

The Bécarré Group has specialized in two markets: Île-de-France, mainly Paris intramural and its first residential crown, and the overseas departments.

About Largillière Finance (www.largilliere-finance.com)

Based in Paris, Brussels and Geneva, Largillière Finance is an independent consulting company specialized in assisting executives and shareholders of ETI and SMEs in their corporate finance transactions: corporate disposals and acquisitions, financing (capital and / or debt), financial engineering (valuation …) and financial strategy.

Since 2005, the firm has conducted numerous mergers and acquisitions and also offers strategic coaching services to groups and executives.