Buenavista Infrastructure and Nauplia Capital have completed the acquisition of a majority stake in Marina Lanzarote, located in the Bay of Naos, in Lanzarote’s capital, Arrecife.
Under the new structure, Calero Marinas will remain a shareholder and will continue to jointly manage the asset’s operations alongside Nauplia Capital.
Marina Lanzarote extends across nearly 100,000sqm and combines three main revenue streams.
The full-service marina has 378 berths, 84 commercial units and terraces, and has the only superyacht shipyard in the Canary Islands, covering an area of 16,920sqm.
The transaction has been executed through Uruk Capital, which specialises in the development of marinas in Spain and Portugal, and jointly backed by Buenavista and Nauplia Capital.
we are strengthening our commitment to the leisure marina sector.
Juan José Clavería
This transaction marks Uruk’s second acquisition, following the addition of Marina Port Premià to its portfolio in April 2024.
The transation furthers Uruk and its partners development strategy in the marina sector, which focuses on identifying established assets with potential for operational improvement, long-term appeal, and a strong positioning in Spain and Portugal.
For Buenavista Infraestructuras Iberia, the addition of Marina Lanzarote represents the fourth addition to its portfolio which includes Marina Port Premià, located 20km from Barcelona and added to the group in April 2024.
Leisure marine sector
“With the acquisition of this asset, we are strengthening our commitment to the leisure marina sector, which we consider highly attractive due to its low risk profile, stable recurring income, and solid returns,” said Juan José Clavería, managing partner at Buenavista Infrastructure.
“This new project is an important step toward our objective of building a diversified portfolio for our low-risk infrastructure fund, delivering adequate returns.”
Buenavista Equity Partners is an independent asset manager founded in 1996 that operates in the middle-market segment.