Selenta Group (Brookfield) Sells the Iconic Mare Nostrum Resort in Tenerife in the Largest Ever Transaction in Spain

Selenta Group (Brookfield) sells the iconic Mare Nostrum Resort in Tenerife in the largest ever transaction in Spain

SANTA CRUZ DE TENERIFE, Canary Islands, July 1, 2025 /PRNewswire/ -- Selenta Group, owned by a fund managed by Brookfield Asset Management, has finalised terms for the disposal of the Mare Nostrum Resort to the Spring Hotels chain for a…

Largest hotel deal in Spanish history, Mare Nostrum Resort Tenerife ...

Spring Hotels Group Doubles in Size with Acquisition of Mare Nostrum Resort - Largest Hotel Deal in Spanish History

In a landmark deal that marks the largest hotel asset transaction in Spain’s history, Spring Hotels – one of the Canary Islands’ leading hospitality groups – has acquired the iconic Mare Nostrum Resort for €430 million. This move doubles the group’s portfolio and firmly establishes it as a dominant force in southern Tenerife. The acquisition includes three hotels with over 1,000 rooms, a dedicated MICE centre, and a variety of food and beverage …