Atalaya and Summum team up to mobilise 2 billion in hotels
Lanzan AtalumHospitality para ofrecer a los inversores gestión de inversiones y operación hotelera en una sola plataforma. Analizan actualmente más de 50 operaciones. Leer
Atalaya Hospitality, a new platform launched by Mazabi's partners and founders, is teaming up with Summum Hotel Group to offer investors hotel investment management and operations in one place. The platform aims to secure €2 billion in investment for buying and transforming assets over the next five years, primarily in Southern Europe.
Atalum Hospitality is currently reviewing over 50 opportunities and will structure and manage projects with third-party capital, with Atalaya Asset Management committing to co-invest between 3-5% of the capital. The platform will focus on existing hotels in need of renovation or transformation, mainly in Spain, Italy, and Portugal.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
