Atland: acquisition of a hotel in Spain
"This acquisition, carried out on behalf of the SCPI Epargne Pierre Europe, represents a rare opportunity in a destination where barriers to entry remain particularly high and the opening of new establishments is restricted", it explains.
This transaction also marks the start of a collaboration between the real estate company and the hotel group Continuum, Accor's second franchisee in Spain, which will operate the asset under a new long-term lease.
Copyright (c) 2024 CercleFinance.com. All rights reserved.
Go to the original article.
Contact us to request a correction