PFO, a fund managed by French asset manager Perial Asset Management, has acquired the Dolce Sitges Barcelona hotel for an undisclosed amount.
Located on top of a hill which provides great views overlooking Sitges and the Mediterranean Sea, the 5-star hotel benefits from 263 guestroom, 3 restaurants, 2 bars, 23 meeting rooms, 4 outdoor pools, spa, gym and 215 parking spaces.
The asset, which is strategically located in one of the most important tourist spots in Spain, was sold by landlord Talus Real Estate and the US fund Angelo Gordon. The hotel was reopened in January 2020 after an extensive renovation of all the guestrooms, F&B, public areas and MICE facilities.
Source: https://propertyeu.info/Nieuws/Perial-AM-fund-picks-up-Barcelona-hotel/df6b3a54-5c18-4eae-b40a-e475d549cf82, 21 March 2023