Yeldo, a European group specialising in raising capital for institutional real estate transactions, has structured a mezzanine bond issue worth €12 million, aimed at the completion of a gated community comprising 42 high-end villas and a boutique hotel in the Gulf of Arzachena. The project, with a total value of approximately €50 million, includes the completion of 42 villas and a boutique hotel with 10 suites, restaurant, lounge bar, beach club and spa.