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Manuel Lao (Northia) and Mazabi Buy the Ritz-Carlton Central Park in New York

Summary by Expansión
Nortia and Mazabi buy, together with Gencom, The Ritz-Carlton Central Park. They will invest 34 million in their reform and plan to reach a value of 420 million euros after the work. Read
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Mazabi Heritage Management has taken a further step in its international strategy with the reinforcement of its entry into the New York hotel market through an investment in The Ritz-Carlton Central Park, along with Nortia and Gencom. This transaction is in addition to the recently announced one in January, whereby it acquired a 25% stake in the InterContinental New York Times Square, through a joint venture with Panghea Capital Partners, while …

Nortia and Mazabi buy, together with Gencom, The Ritz-Carlton Central Park. They will invest 34 million in their reform and plan to reach a value of 420 million euros after the work. Read

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Expansión broke the news in on Wednesday, February 11, 2026.
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