1974 - We Came, We Saw, We Invested.

Real Italian Estate

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.

1979 - The Italian Stock Market & Property Development

Our Vision Takes Flight

In 1979, Preatoni expanded its reach by initiating property developments in Italy, emphasizing a commitment to shaping the landscapes of its native country. Simultaneously, the company achieved a significant financial milestone by successfully entering the Italian stock market. This dual accomplishment reflected Preatoni's adaptability, resilience, and dedication to contributing meaningfully to communities. The year 1979 marked a pivotal moment where roots were firmly planted in Italy, and financial success was cultivated in the stock market, setting the stage for a legacy defined by growth, excellence, and a profound commitment to exceptional real estate experiences.

1985 - Italy's Largest Financial Company

Bold On Bi-Invest

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.

1987 - Taking the Helm of Italy's 35th Largest Bank

Banca Popolare di Lecco

In 1987, Preatoni achieved a momentous feat by leading the takeover of Banca Popolare di Lecco, the 35th largest bank in Italy. This strategic move demonstrated our company's financial prowess and positioned us as influential figures in Italy's banking sector. The year 1987 marked a significant chapter where Preatoni expanded its footprint beyond real estate, showcasing our ability to navigate diverse sectors of the Italian economy.

1988 - Italy's Largest Hotel Co-Ownership Venture

Domina Vacanze

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.

1990 - Italy's 3rd Largest Private Bank

Credito Bergamasco

In 1990, Preatoni took over Credito Bergamasco, the third-largest private bank in Italy. This strategic move demonstrated our financial acumen and further solidified our presence as key players in Italy's banking sector.

1991 - Pioneering Sharm El Sheikh

Domina Coral Bay

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.

1994 - Market Leader in Baltic Real Estate


In 1994, Preatoni established ProKapital in Tallinn, to become the real estate market leader in the Baltics. This strategic move underscored our commitment to expanding global influence and creating innovative living spaces beyond established borders. The year 1994 remains a milestone, showcasing Preatoni as a trailblazer in the international real estate arena.

* Ernesto Preatoni & Preatoni Group presently remains the majority shareholder of PK

1996 - Baltics' 2nd Largest Bank

UhisBank Estonia

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.

1998 - Baltics' First Mega Shopping Mall

Kristiine Center

In 1998, Preatoni expanded into Lithuania through Pro Kapital. Simultaneously, the company unveiled a groundbreaking project, Kristine, the first mega shopping mall in the Baltics, located in Tallinn, Estonia. These developments emphasized our focus on regional expansion and innovative urban development.

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


Domina Shopping Center

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.


Preatoni Expands In Russia

In 2006, Preatoni made strategic land acquisitions in premium locations across Russia. This marked the beginning of a series of development projects in coveted areas, reflecting our commitment to expanding our global footprint and creating exceptional living spaces in key regions.

Domina St.Petersburg


Domina Prestige St.Petersburg

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.

2013 - A Preatoni Skyscraper in Dubai

Preatoni Tower Dubai

In 2013, Preatoni established it's new Real Estate arm in Dubai, UAE reinforcing a foothold in one of the most dynamic real estate markets globally.

The 45-storey tower, spanning the vibrant skyline is the first Skyscraper in Dubai for Preatoni, boasting 554 units across 600,000 square feet of residential and commercial space.

The mixed-use tower accommodates 230 residential units, 299 commercial offices & 25 retail shops. The tower is a part of the prestigious Jumeirah Lake Towers development, which is conveniently located on Dubai’s famous Sheikh Zayed Road and in very close proximity to the breathtaking Dubai Marina.

2018 - T1 Mall & The SkyWheel of Tallinn

T1 Mall of Tallinn

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.

2019 - Innovation In Italian Real Estate

Preatoni Nuda Proprietà

In 2019, Preatoni launched Preatoni Nuda Proprietà in Italy. An innovative venture in dedicated to the purchase and sale of bare ownership of real estate. Created for clients who want to sell their home quickly but continue to live there, as well as investors who have capital and purchase a property.

2024 - Domina Hotel Apartments in St. Petersburg

Domina Pulkovo

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.