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HI Partners rescue Hotel Incosol in Marbella

HI Partners, the hotel subsidiary of Sabadell bank, bought the Incosol hotel, in Marbella, for 20 million euros, and now intends to renovate the property

The hotel, offering health tourism, closed in 2012, 2012, on entering an arrangement with the Grupo Jale, according to  creditors Spanish Real Estate.

The same source recalls that the alliance between HI Partners and Starwood Capital has as part of its plans the acquisition of hotel assets in the main tourist areas such as the Costa del Sol, Canaries, Balearics, Costa Brava and the Costa Dorada.