Spanish property group Metrovacesa has sold the Hotel Husa Paseo del Arte in Madrid to César Losada, a Spanish businessman and the majority owner of the hotel investment fund Losan Hotels World. The transaction, which will be carried out through a vehicle fully owned by Losada, amounts to around EUR 50 mln, according to Spanish papers.
Ares, Coima and MEAG are three investors which have closed multiple acquisitions in the last few weeks.
