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Europe Hotel Transactions Bulletin - Week Ending 08 February 2019

Colonial sells Tryp Chamartín hotel in Madrid to MeridiaColonial Group, a Spanish investment manager, has sold the Tryp Chamartín Hotel, located north of Madrid's city centre, to investment manager Meridia Capital for €27.5 million (€138,000 per room). The 199-room hotel, which Colonial acquired from Renta Inmobiliaria in 2002 as part of the Centro Norte complex for €100 million, is part of a larger divestment strategy and represents the last asset belonging to the composite to be diveste...
Tags: Travel, Europe, Madrid, Meridia Capital, Tryp Chamartín, MeridiaColonial Group, Tryp Chamartín Hotel, Renta Inmobiliaria, Centro Norte