INTERNOS ACQUIRES VINCCI HOTEL MALAGA, SPAIN

Internos Global Investors has completed its acquisition of the Vincci Seleccion Hotel Posada del Patio in Malaga, in southern Spain, from real estate firm Dospuntos for €26.75 million (€252,400 per room). The five-star 106-room hotel, in Malaga’s Old Town, is operated by Vincci Hotels under a long lease. The transaction marks the first purchase for INTERNOS’ Hotel Fund II, which will focus on the acquisition of three- to five-star city centre business hotels across Europe that provide the opportunity to add value.

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