London,
16
February
2021
|
12:00
Europe/London

CBRE advises on the sale of Hotel Único Madrid

Global real estate advisor, CBRE, has advised owner operator Único Hotels on the sale of Hotel Único Madrid to A&G Private Banking for an undisclosed sum. Following the transaction, Único Hotels will continue to operate the hotel under a 20-year lease that includes several buyback options for the operator.

The 5-star luxury boutique hotel comprises of 44 rooms, a library, wellness suite and a range of F&B facilities, including the two Michelin star-rated restaurant Ramón Freixa. The hotel is well positioned in the heart of the Golden Mile of the Salamanca district, surrounded by fine-dining restaurants and designer boutiques.

“
Jorge Ruiz, Head of Hotels, Spain and Portugal at CBRE
This transaction highlights the continued interest from investors in the Spanish hotel market despite the pandemic. Hotel Único Madrid has strong fundamentals and offered a rare opportunity to purchase such a well-placed asset. Sale-and-leaseback deals provide an excellent alternative to enable operators to navigate through the Covid crisis whilst retaining the operations of strong performing assets.
Jorge Ruiz, Head of Hotels, Spain and Portugal at CBRE
„