Announced
Completed
Synopsis
Banco Santander, a Spanish multinational commercial bank, and Signal Capital, a London-based private asset management firm, completed the acquisition of Sheraton La Caleta, a luxury hotel, from Disa, a firm operating mainly in the infrastructure, oil & gas and electric power, for $91m. The luxury complex comprises 284 rooms and 20 suites. In addition, it is home to 4 restaurants, 2 bars and 10 meeting rooms. Currently, the property is managed by the North American chain Marriott.
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