This 4 star unit has 388 bedrooms and a built area of 30,967 square metros. The complex comprises two buildings – one has 11 floors and the other six – linked at ground level and by a subterranean gallery.
In 2009, Roc Hotels began managing the hotel by means of a management contract with a guaranteed annual minimum rent with Merlin Properties Socimi SA, which had previously bough the hotel portfolio belonging to Metrovacesa. A short time ago, Merlin sold this same portfolio to the French fund Fonciere des Murs.
According to Spanish Real Estate, after this purchase Roc Hotels will manage 23 hotels, of which 11 are owner occupied and 12 are rented, a total of 5,593 bedrooms in new tourist destinations.
Sabadell Bank put its Hotel subsidiary HI Partners for sale, two months after announcing its intentions to debut the Hotel Fund in the stock market.
Excem just launched its second Socimi, Tourism Investment Company (Situr), dedicated to hostels and tourist apartments market. It had already acquired its first asset in Madrid for €22 mill...
Aina Hospitality purchases 50% of Gran Hotel Velázquez from Didra Group.