In 1974, Ernesto Preatoni embarked on a visionary journey by acquiring expansive land plots in the United States. This pivotal move marked the beginning of a legacy defined by visionary ambition and a commitment to redefining luxury living. The acquired land became the canvas setting the stage for decades of innovation and excellence in real estate development. This first chapter in our history echoes with the spirit of pioneering ambition, laying the foundation for a journey that continues to shape environments where luxury seamlessly intertwines with thoughtful design.

In 1985, we achieved monumental success by spearheading the takeover of Bi-invest, Italy's largest financial company. This strategic move not only demonstrated our company's strength and influence but also solidified our position as key players in Italy's financial landscape. The year 1985 marked a turning point where Preatoni extended its reach beyond real estate, showcasing a bold vision and an unwavering commitment to excellence.

In 1988, Preatoni made history by founding Domina Vacanze, heralding the inception of Italy's largest hotel co-ownership venture. This visionary move showcased our commitment to pioneering real estate concepts and providing innovative opportunities for individuals to engage in shared ownership of premier hospitality establishments. The year 1988 marked a significant moment where Preatoni extended its influence beyond traditional real estate, creating a novel approach to hospitality that resonates with our dedication to progressive and inclusive living experiences.

In 1991, Preatoni made history by developing Domina Coral Bay, the inaugural resort project in Sharm El Sheikh, Egypt. This pioneering endeavour is one of the most fascinating Red Sea destinations, which extends over an area of 1 Million Square Meters of Paradise nestled next to a beautiful coral reef which includes an extraordinary 1.8 km long private beach with 3 floating platforms and a breathtaking Salt Lake.

In 1996, Preatoni led the takeover of Uhisbank, the second-largest bank in the Baltics. This strategic move solidified our presence in the Baltic region's financial landscape. Simultaneously, our expansion into Russia through ProKapital underscored our commitment to global growth and innovation in real estate. The year 1996 stands as a testament to our strategic foresight, financial strength, and the ongoing evolution of Preatoni into an international real estate and banking powerhouse.

In 2003, Preatoni completed the construction of the Domina Shopping Center in Riga, Latvia. This shopping centre stands as one of the largest in the Baltics, representing our commitment to shaping dynamic retail spaces and contributing to the vitality of urban environments.

* Domina Shopping Center has since been sold to 3rd party management.

In 2011, Preatoni celebrated the grand opening of Domina Prestige in St. Petersburg, Russia. This 5-star luxury hotel has garnered many prestigious awards to date, showcasing our commitment to delivering exceptional hospitality to our customers. 

Situated on the quiet Moika river embankment, a step away from Saint Isaac’s Cathedral, in a 19th century noble's mansion, the hotel combines a convenient location and charismatic Italian design. 109 rooms of seven categories, two-story lifestyle rooms with panoramic river views together with amenities such as restaurants, cocktail bar and a wellness center.

In 2018, ProKapital built the T1 Mall of Tallin which is home to the region’s largest indoor family entertainment center – Super Skypark. T1 introduced international brands to the market together with world class entertainment.

T1 has spacious, bright interior & architecture fused with shopping and art along with the dining area 'Taste of Tallinn' which is unique in Estonia for both in scope and layout. Most restaurants are located on the fourth floor, above regular shopping, with an opportunity to admire the breath-taking views to the city. T1 has a world-class movie theatre, and a rooftop observation wheel SkyWheel of Tallinn.

* T1 Mall has since been sold to 3rd party management. Ernesto Preatoni & Preatoni Group presently remains the majority shareholder of PK.

In 2024, Preatoni opened Domina Pulkovo, the latest 4-star Hotel & Apartment development in it's portfolio. Fully equipped with a conference center, spa complex, pool, gym and the signature 'Dunay' restaurant, the hotel is located in the south of the city, near Pulkovo International Airport, ExpoForum exhibition center and within walking distance from Zvezdnaya & Moskovskaya metro stations.