Pictet Real Estate Capital to acquire Hotel Kimpton Aysla Mallorca.

Pictet Real Estate Capital, a real estate investment firm, agreed to acquire Hotel Kimpton Aysla Mallorca, a 5-star hotel, located in Santa Ponsa. Financial terms were not disclosed. “The Spanish hotel market is part of our investment focus, so we are pleased to have access to one of its main tourist destinations through a new-build asset, with very high levels of quality and sustainability, and from a leading international operator that is strongly committed to developing its Kimpton brand in Europe," Pablo Granell, Pictet Head of Real Estate for Spain and Portugal.