Torremolinos Asset Sell-Off

3/07/2014 – Expansion

Melia sold 261 apartments in the Hotel Sol Aloha Puerto in Torremolinos (Malaga) for €20.8 million to an oficially unknown purchaser, earning over €14.3 million in capital gains. Melia will continue managing the establishment.

 

Original article: Expansión

Translation: AURA REE

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