Avintia Buys B&B Hotel in Fuenlabrada to Family Office
Hotel Sale in Fuenlabrada Signals Continued Iberian Expansion for B&B Hotels
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Strategic Alliance Drives Investment
Avintia Inmobiliaria has completed the sale of a B&B Hotel located within the Nexum Retail Park in Fuenlabrada, Spain.This transaction is a key component of a broader strategic alliance between Avintia Inmobiliaria and B&B Hotels focused on the advancement, leasing, and subsequent sale of hotel properties, initially targeting five locations within the Community of Madrid.
The hotel was acquired by a family office based in castilla y León for an undisclosed sum, with TC Real Estate Office serving as an advisory firm for the deal.The sale underscores a growing trend of institutional and private investment in the Spanish hospitality sector.
Property Details and Development
The eight-story hotel features 132 rooms across six floors. It also includes ground-floor reception, dining, and meeting facilities, alongside a mezzanine level dedicated to support services. Avintia Group oversaw the development and construction of the property, completing the project within approximately one year.
Avintia’s Growth Strategy and B&B Hotels’ Iberian Footprint
Roberto Campos, General Director of Avintia Inmobiliaria, stated that this operation reinforces the company’s strategy of developing, promoting, and selling hotel assets in partnership with leading operators. Avintia aims to establish itself as a key partner in strategic locations, capitalizing on the demand for modern hotel infrastructure.
This Fuenlabrada hotel represents the first of a planned twelve hotels under the Avintia-B&B Hotels agreement, with a combined investment pipeline exceeding 100 million euros.B&B Hotels is actively expanding its presence on the Iberian Peninsula, currently operating 63 hotels in Spain and a total of 82 across Spain and Portugal as of December 23, 2023.