- CEO
- Elias Sacal Cababie
- Full Time Employees
- 556
- Sector
- Real Estate
- Industry
- Real Estate - Development
- Address
- 25 Berkeley Square London Jersey W1J 6HN
- IPO Date
- Mar 16, 2022
- Business
- Murano Global Investments PLC (MRNO) owns, develops, and invests in hotel, resort, and commercial properties primarily in Mexico. The company offers comprehensive real estate services including project structuring, development, assessment, execution, construction, management, and operation of industrial, residential, corporate office, hotel, business, and tourism projects; its operational portfolio features the Andaz Hotel (213 rooms, operated by Hyatt, with amenities including Cabuya Rooftop sky bar, multiple restaurants, auditorium, and breakout rooms), Mondrian Hotel (183 rooms, operated by Accor, with sky bar restaurant, Terraza bar, and Flower Shop coffee shop), and Vivid Hotel (adult-only all-inclusive); it also advances luxury developments such as Grand Island Cancun I under Hyatt's Vivid and Dreams brands, alongside projects in Baja and Cancun. Founded in 1996 and headquartered at 25 Berkeley Square, London W1J 6HN, United Kingdom, Murano Global Investments employs 1,088 people and targets institutional real estate investors with operations centered in Mexico's urban and beach resort destinations. Recent developments include the completion of a merger with HCM Acquisition Corp in March 2024 establishing its public listing, a US$300 million offering of 11.000% Senior Secured Notes due 2031 in 2025 to prepay debt and fund Grand Island Cancun hotel completion, a US$500 million Standby Equity Purchase Agreement with Cohen & Company Capital Markets to build a Bitcoin treasury (initially acquiring 21 Bitcoins), and a US$70.4 million secured loan from NAFIN in October 2024 for working capital.