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Topic - Hotel Transaction Spain


Hotel Transaction Spain

Hotel Exe Moncloa in Madrid Sold

CBRE Global Investors, on behalf of its clients, has acquired Hotel Exe Moncloa, a 4-star hotel located in the heart of Madrid, Spain. The hotel is leased to Hotusa and VIPS. The seller was Lonta Investments 2016 S.L., a wholly owned subsidiary of Signal Real Estates Opportunities Fund LP.



Hotel Transaction Spain

Belmond Sells Stake in Hotel Ritz by Belmond in Madrid

Belmond Ltd. (NYSE:BEL) announced the sale of its 50% interest in the 167-room Hotel Ritz by Belmond in Madrid, Spain, to a joint venture between Mandarin Oriental International Limited and The Olayan Group. At the same time, the Company ended its agreement to manage the hotel.