Fattal to acquire six landmark hotels in Spain from KKR and Dunas Capital for €165m.

Fattal, a hotel group, agreed to acquire six landmark hotels in Spain from global investment firms KKR and Dunas Capital for €165m. “This exciting acquisition reflects Fattal’s ability to identify strategic opportunities and complete transactions of significant scale with top-tier international sponsors and partners. It presents us with a rare opportunity to acquire a high-quality portfolio of assets, timed to capitalize on the potential for a near-term return to travel, as well as the hotels’ fantastic locations – which will remain in high demand for years to come. In addition, through effective management, branding, product enhancement, and targeted investment there is a significant opportunity to grow value and generate strong returns for our investors," Guy Vardi and Yaniv Amzaleg, Fattal.