CBRE GI Is Profiled as a Buyer of an Azora Hotel Portfolio Valued at 500M€
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Article originally published in Brains Real Estate News CBRE GI returns to the hotel market: negotiates the purchase of Azora's portfolio for about 500 million 12 The Spanish hotel market is once again the scene of a large corporate transaction with the return of an old acquaintance. CBRE Global Investors (CBRE GI) is in the final negotiating phase to acquire a hotel portfolio owned by Azora, in a transaction that could be between 500 and 600 mi…
After the divestment last year, when it sold nine hotels operated by Silken to Grupo Hotusa, CBRE GI looks back at the hotel sector. The manager negotiates the purchase of an Azora portfolio valued at more than 500 million euros, according to El Confidencial. According to sources consulted by the economic journal, the operation could be closed before the summer holidays. The negotiating portfolio is part of Azora European Hotel & Lodging (AEHL),…
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