financing news
News stories: 1 - 2 of 2
The Well Bay Harbor Islands to open ahead of 2026 with Miami’s “first caldarium” with a US$238m refinancing loan
by Helen Andrews | 17 Nov 2025
International wellness brand The Well and Miami-based real estate developer Terra have secured a US$238 million (€218.4 million, £183.5 million) refinancing loan to complete the new mixed-use luxury wellness development The Well Bay Harbor Islands in Miami, US. The loan provides the project with a long-term financing solution. The funds come from Eldridge Real Estate Credit, the real estate investing strategy division of Eldridge Capital Management, and global investment management
Therme Group snaps up Europe’s largest thermal bathing complex, secures €320m in financing
by Megan Whitby | 11 Dec 2024
Global wellbeing organisation Therme Group has acquired Therme Erding – a vast 145,000sq ft wellbeing destination located near Munich in Germany. Recognised as one of Europe’s largest thermal wellbeing complexes, Therme Erding features a 40-pool bathing oasis, 35 steam baths and saunas and 28 indoor and outdoor slides. Founded by architect and entrepreneur Josef Wund in 1999, the facility has become a cornerstone of the European wellness industry. The acquisition
News stories: 1 - 2 of 2
company profile
Myrtha Wellness offers a comprehensive range of cutting edge, sustainable and made-in-Italy wellness solutions. Its technologies underpin a full portfolio of spa and thermal bathing environments, including swimming pools, vitality pools, plunge pools, flotation pools, Kneipp walks, Finnish saunas, steam rooms, hammams, Roman baths, herb and bio-saunas, salt rooms, tepidariums, caldariums, frigidariums, snow rooms, ice fountains and experience showers.
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"Culture is the beating heart of this project"
Designed to restore neglected land and renew the identity of Iraq’s capital city, Baghdad Sustainable Forests promises a new way of living surrounded by nature. Gensler’s Ian Mulcahay tells us why he thinks the project could become a model for the repair and enhancement of urban centres
Designed to restore neglected land and renew the identity of Iraq’s capital city, Baghdad Sustainable Forests promises a new way of living surrounded by nature. Gensler’s Ian Mulcahay tells us why he thinks the project could become a model for the repair and enhancement of urban centres
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