Announced
Completed
Financials
Tags
Spain
Majority
Private Equity
Friendly
Hotels and Motels
Acquisition
Domestic
Private
Completed
Single Bidder
hotel holding
Synopsis
Meridia Capital, an alternative investment fund manager, completed the acquisition of Hotel Gallery Barcelona and the Molina Lario Hotel from Gallery Hotels, a hotel holding company, for €85m. "Meridia V enters the market in a unique moment. We will continue to execute our thematic, growth-focused investment strategy, while prioritizing investments with strong local proprietary angles. By combining our strategic approach, market expertise, and commitment to sustainability, Meridia V aims to capitalize on the current window of opportunity and deliver superior value for our investors. Our initial investment in these prime hospitality assets of Barcelona and Málaga is a clear example of such strategy," Héctor Serrat, Meridia Real Estate Partner.
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