RLH Properties, S.A.B. de C.V. (BMV:RLH A) acquired BLESS Hotel Madrid from Aina Investment Fund Sicav - Hospitality Sub Fund, managed by Aina Hospitality and Didra Group for approximately €120 million.
July 14, 2021
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RLH Properties, S.A.B. de C.V. (BMV:RLH A) acquired BLESS Hotel Madrid from Aina Investment Fund Sicav - Hospitality Sub Fund, managed by Aina Hospitality and Didra Group for approximately €120 million on July 15, 2021. Following the acquisition, Palladium Hotel Group will continue to operate the hotel as before under the luxury brand Bless Collection. Pérez-Llorca acted as legal advisor to RLH Properties, S.A.B. de C.V. Deloitte, Hill International and Savills Aguirre Newman acted as due diligence providers to RLH Properties, S.A.B. de C.V. DLA and JLL have acted as advisers to the vendors.
RLH Properties, S.A.B. de C.V. (BMV:RLH A) completed the acquisition of BLESS Hotel Madrid from Aina Investment Fund Sicav - Hospitality Sub Fund, managed by Aina Hospitality and Didra Group on July 15, 2021.
RLH Properties SAPIB de CV is a Mexico-based company engaged in the real estate sector. The Company focuses on the acquisition and development of hotels, located in the city centers and touristic destinations, in Mexico and the Caribbean region. The Companyâs hotels portfolio includes Four Seasons and One&Only brand names. Its hotels network offers accommodation, as well as operates hospitality-related infrastructure, such as restaurant, fitness and gym, spa center and conference room. The Company is a subsidiary of Activos Turisticos de Mexico SAPI de CV.
RLH Properties, S.A.B. de C.V. (BMV: RLH A) acquired BLESS Hotel Madrid from Aina Investment Fund Sicav - Hospitality Sub Fund, managed by Aina Hospitality and Didra Group for approximately €120 million.