• Transaction / Assets
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Saint Croix Sells Hotel Tryp Atocha For €27.8M

15 July 2015 – Cinco Días

The company Ibérica de Bienes de Raíces, which is 100% owned by the Socimi Saint Croix Holding Immobilier, has completed the sale of the building that houses the Hotel Tryp Atocha for €27,750,000, according to the company’s own statement to Spain’s National Securities Market Commission (CNMV).

The property is intended for use as a hotel and is currently leased to the hotel chain Melia Hotels International. The building is located in Madrid on Calle Atocha, number 83 and Calle Moratín, number 10 and 12.

The 4-star hotel has 150 rooms, with capacity for 250 people – and is equipped with advanced technology. The property also has six meeting rooms.

Original story: Cinco Días

Translation: Carmel Drake