• Transaction / Assets
    4 gyms in Madrid
  • Seller
    Urban Fitness and others
  • Buyer
    Inveriplus Investments
  • € MM

Inveriplus Investments Acquires 4 Gyms to Operate Under its New ‘XXII Fit Club’ Brand

16 April 2019 – Palco23.com

The real estate consultancy firm Inveriplus Investments has purchased four sports centres in Madrid for an undisclosed sum. Specifically, it has acquired one gym in Chamberí (Calle Alberto Aguilera, 1) and one in Las Rosas shopping centre from Urban Fitness, as well as two others in Tres Cantos and Pozuelo from another vendor.

All four establishments will operate under the XXII Fit Club brand from September and the company plans to offer additional services to its clients, besides the standard fitness offering, including beauty, nutrition, personal training and physiotherapy.

Inveriplus intends to expand its portfolio to include twenty centres by the end of 2020, before growing beyond the Spanish capital to Barcelona, Valencia, Bilbao, Sevilla, Málaga and Zaragoza.

Original story: Palco23.com (by P. López)

Translation/Summary: Carmel Drake

97