Residencial Marlin, S.L. announced that it has received 1.48 million in funding from Sotogrande, S.A.
December 31, 2012 at 04:00 am
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Residencial Marlin, S.L. announced that it has received 1,475,000 in funding in the financial year ending on December 31, 2012. The company issued equity securities in the transaction. The transaction included sole participation from returning investor, Sotogrande, S.A.
In the financial year ending on December 31, 2012, Residencial Marlin, S.L. closed the transaction.
Sotogrande SA is a Spain-based company engaged in the real estate business sector. The Company administrates, promotes and sales properties in San Roque. Its main activities are divided into three areas: Real Estate, Golf and Hotels. It manages the development of residential properties, moorings, garages, offices, as well as restaurants, hotels and golf fields. In addition, Sotogrande SA is a parent company of Grupo Sotogrande. The Group controls a number of companies, such as Club Deportivo Sotogrande SA, Resco Sotogrande SL, Donnafugata Resort Srl, Residencial Marlin SL, Los Alcornoques de Sotogrande SL, Santa Barbara Golf SA and Capredo Investment GmbH. Furthermore, the Company is a subsidiary of NH Hoteles SA, a worldwide chain of hotels.