26 April 2018 – Eje Prime
Alternative assets are attracting attention from a large number of players in the sector, including even the most discrete. A family office, whose identity has not been revealed, has acquired the Sanitas Cornellà nursing home, located in the town of Baix Llobregat, in Barcelona.
The home, which is located in Plaça Catalunya and which has been operational since December last year, contains 140 beds spread over 118 rooms, of which 96 are individual and 44 are double. The asset has a surface area of 6,270 m2.
The centre will continue to be operated by Sanitas Mayores, the specialist division of the insurance group. That company currently manages 46 nursing homes, including eleven in Catalunya and fourteen in Madrid, along with 3 day-centres, comprising more than 6,000 beds in total and employing a team of more than 3,000 professionals. The average occupancy rate of its properties amounts to 96%.
Original story: Eje Prime
Translation: Carmel Drake
6 December 2017 – La Verdad
One of the flagship hotels in the Murcian city of Cartagena is changing hands. The French investment fund Corum AM has acquired the 4-star Hotel Cartagonova, located on Calle Marcos Redondo. The property is going to be operated by B&B Hotels on a lease basis for at least fifteen years, according to a statement issued yesterday by the international chain.
The amount paid for the economic operation has not been disclosed. The establishment is going to be renamed B&B Hotel Cartagena and will see 100 rooms of varying sizes go on the market, ranging from individual rooms to suites and family rooms – all of them have been redesigned and modernised in recent years. Moreover, the hotel has a lobby, a meeting room, 31 underground parking spaces and several free services for its guests. According to the buyers, the condition of the facilities is very good, and so they only plan to carry out minimal changes to bring the property in line with the standards of B&B Hotels. The company defines itself as a specialist in “comfortably designed accommodation, offering select high-quality services, at an attractive price”.
The interest from the hotel company in establishing a presence in the tourist city, which is “growing fast” and benefits from a strategic location, has been key to the success of the operation. Its executives have not failed to notice that the port of Cartagena is the country’s fourth busiest in terms of goods traffic. Moreover, the hotel is positioned in a very central location, both for those travelling for pleasure and for business.
“The new B&B Hotel Cartagena has excellent facilities and an unbeatable premium location. It has been designed carefully and will allow us to continue offering our guests high-quality accommodation at an unbeatable price across Europe”, said the chain’s Director of Expansion in Spain, Teresa Pérez.
The company that operates the property formerly known as Hotel Cartagonova owns twenty establishments all over Spain. It closed the first half of this year with a turnover of €13 million. In recent months, it has opened hotels in Madrid’s Puerta del Sol and in the city of Vigo.
Original story: La Verdad (by Gregorio Mármol)
Translation: Carmel Drake