This operation was advised by consultant CBRE, which in a release mentioned that this hotel – located at number 31 da Calle Las Rosas, in Valencia – has 116 rooms spread out through three floors.
Mark Farrugia, development director at Citygrove, says about this transaction that «Perial AM’s sale shows that the group has been developing a good marketing strategy for quality hotel products during the last cycle».
Photo: Citygrove