• Transaction / Assets
    Alcaidesa Holding SAU and its subsidiary Alcaidesa Golf SLU
  • Seller
    Alcaidesa
  • Buyer
    Millenium Hotels
  • € MM
    15.2

Millenium Hotels Acquires Golf Assets from Alcaidesa for €15.2 Million

18 December 2019 – Millenium Hotels Real Estate, a real estate investment fund based in Spain, has reached an agreement with the construction company Constain to acquire land and two golf courses from the Alcaidesa Holding SAU and its subsidiary Alcaidesa Golf SLU for 15.2 million euros.

Alcaidesa had owned and operated the two golf courses, the land and a clubhouse in the municipality of La Linea de la Concepción and San Roque (Cádiz). Alcaidesa Golf is marketed as a paradise for golf lovers in the Mediterranean. There are two professional golf courses, Alcaidesa Links and Alcaidesa Heathland.

Original Story: ABC de Sevilla – Soraya Fernández

Adaptation/Translation: Richard D. K. Turner

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