The ‘promise to buy’ contract UNOP 7,8 e 9 has already been signed with Soltroia (Tróia Urbanization and Tourism Real estate Society) with the participation of Sonae Capital.
In a communication sent to CMVM (Real Estate Values Market Commission), Sonae Capital states that the final contract will be signed as soon as “a value on contractual conditions” is confirmed, continuing to confirm that “the receipt of the total transaction amount is assured”.
With this deal, the group held by Sandra Ortega, daughter of the owner of Inditex, Amancio Ortega, plans to invest in the development and operation of a tourist enterprise “of the highest quality and low building density, with appropriate consideration for the locality, environment and the total surroundings,” Indeed, “Contracts will be initiated with local and central groups so as to guarantee the due sustainability of the project”, states the same source.
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.