Atom Sells the Rey Don Jaime Hotel for 50 Million Euros to Genefim

MADRID, 22 (EUROPA PRESS) Atom Hotels has formalized the agreement of sale of the hotel Rey Don Jaime de Valencia with Genefin (Group Société Générale) for an amount of 50 million euros, which will continue to be operated by Eurostars Hotel Company (Group Hotusa). As highlighted in a statement, this operation is framed within [...] The Atom ticket sells the hotel Exe Rey Don Jaime de Valencia for 50 million to Genefin and will continue operated …

Atom Hoteles Socimi, the hotel investment vehicle created in 2018 by Bankinter Investment and GMA, has formalized the agreement to sell the Exe Rey Don Jaime hotel for a...

The asset has 319 rooms spread over 14 floors, and will continue to be operated by Eurostars Hotel Company (Hotusa Group).

Atom Hoteles Socimi, the hotel investment vehicle created in 2018 by Bankinter Investment and GMA, has just sold the hotel Exe Rey Don Jaime de Valencia for 50 million euros to Genefim (Group Société Générale). The operation was carried out as part of the policy of selective asset rotation. According to Atom to BME Growth, after the sale "has cancelled the mortgage loan that taxed the property with a living balance of 22,315,999.29 euros" The Ex…