Press Contact

12.18. Ibiza Management GmbH
Maria Franken
Königsallee 2b
Düsseldorf / Germany

T. +49 (0)211 58080731
F. +49 (0)211 58080711
M. m.franken@12-18.com

Contact Resort Ibiza

7 Pines Resort Ibiza S.L.
Calle Puig Delfin, s/n
07830 Sant Josep de sa Talaia
Ibiza / Spain

T. +34 (0)971 195 200
F. +34 (0)971 195 222
M. info@7pines.com

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12.18. Investment Management expands its portfolio with another hotel project in a prime location: On 1 October, the Duesseldorf-based project developer took over the Park Hotel Baja Sardinia from the Milanese owner. The parties have agreed not to disclose the purchase price of the resort on the Costa Smeralda, built in 1962. 12.18 is investing a mid double-digit million amount in the revitalization of the former Park Hotel Baja and will subsequently operate this as the second property under the "7Pines" brand as a five-star resort.

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