Partners Group and Trinity Investments completed the acquisition of The Hoxton Poblenou from Norlake Hospitality.

Partners Group, a firm in the global private markets industry, and Trinity Investments, a global hospitality-focused investment firm, completed the acquisition of The Hoxton Poblenou, a 240-key lifestyle hotel, from Norlake Hospitality, a real estate investment firm. Financial terms were not disclosed. "The Hoxton Poblenou is perfectly positioned to capitalize on Barcelona's unique appeal to both business and leisure visitors. Executing a value creation plan in the hotel sector is specialized and operationally intense, which is why we have built vertical depth into our hospitality strategy by partnering with Trinity on this transaction," Stephen McCall, Partners Group Managing Director, Real Estate.