Union Investment completed the acquisition of Barcelona 1882 from Partners Group for $85m.

Union Investment, an investment firm, completed the acquisition of Barcelona 1882, a hotel in Barcelona, Spain, from Partners Group, a global private markets investment manager, for $85m. “Barcelona has always been one of Europe’s most attractive hotel markets with high barriers to entry for investors. This transaction sees Union Investment bringing the Radisson Blu hotel brand to Barcelona, once again demonstrating its expertise in proactive deal structuring in the hotel sector," Andreas Löcher, Union Investment Head of Investment Management Hospitality.