Spain: Alternative asset manager Limestone Capital has acquired the Hotel Axel on Calle de Atocha in Madrid from Hotel Investment Partners.
Spain: The former Mar Y Pins hotel on Mallorca has been sold to Limestone Capital, which will redevelop the property and reposition it under the Aethos Hotels & Clubs brand. The purchase marks the seventh hotel acquisition in three years for Limestone Capital’s Growth Hospitality Funds. Seller Harald Fischl will
Italy: Private equity firm Limestone Capital has acquired the boutique hotel The Yard in Milan, marking the third transaction since the beginning of the pandemic for the group. The acquisition forms part of Limestone’s vision to acquire traditionally run hotels. It’s the second hotel in Italy with partner Aethos Hotels
France: Boutique hotel investment fund Limestone Capital has acquired Hotel U Palazzu Serenu, a boutique luxury hotel in Corsica. The investment comes three months after the announcement of Limestone Capital’s Amethyst Fund launch in September 2020 and is the fourth hotel acquisition for the fund. The deal highlights the fund’s
Switzerland: Limestone Capital has launched a fund to capitalise on opportunities in the European real estate and hospitality sectors. The fund will acquire real estate at “attractive prices”, as well as capitalising on “the shift to sustainable, healthy and more intimate travel experiences”. The firm is expected to raise around
Hosted by Eloise Hanson, editor, IHM [Sponsored by Cvent] You will learn: • The tech available to update and advance existing hotel rooms • How to deploy, integrate, and scale smart technologies • Will proptech be integral to reoccupation strategies? • The importance of technology from an investment perspective
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