for 18.5 million francs
Big real estate twins buy luxury hotel in Regina
Remo and Philipp Bienz bought the Hotel Regina in Grindelwald bey from the real estate company Fortimo. Blick knows what St. Gallen intends to do with the traditional domain.
Remo and Philippe Bienz, owners of the real estate company Fortimo.
After just over two hours, on Friday they got the contract for the Hotel Regina in Grindelwald bey: the twins Remo and Philipp Bienz. The owners of the real estate company Fortimo, which is mainly based in eastern Switzerland and also develops projects in Dubai, bought the historic building at auction.
“We want the hotel and other planned buildings to be completed as soon as possible and in accordance with current building regulations,” Remo Bienz told the media. In practical terms, this means that the twins want to demolish the hotel and build a new building in the 5-star section – but in doing so they will build on the existing hotel.
Turkish hammam and 77 rooms
The municipality of Grindelwald is also delighted. In recent years, when the hotel was vacant, it wasn’t really a good calling card for a ski resort. “Now we can look forward to a fresh start for Regina,” says Beate Butcher, Mayor of Thunar Tagblatt.
The Regina Hotel has been vacant for ten years. And this despite the best location, right next to Grindelwald station. The former five-star hotel has a wellness centre, jacuzzi and hammam and 77 rooms.
Investment of 130 crore
Conversions and expansion plans have been in place since 2018 to build something new from an empty luxury hotel and bring the walls back to life. The investment in the construction project would amount to 130 million francs.
Remo and Philippe Bienz have been in real estate since 2000. Both from St. Gallen already have experience in the hotel business. They have homes in Adelboden BE, Lenzerheide GR, St Gallenkirch (A) and Dubai. A hotel in Sass Fee VS is expected to open in 2023.
Remo and Philippe Bienz are big fans of FC Saint-Gall and have invested several million francs in the club. (PBE)