RIU enters Barcelona with the purchase of the Reina Sofía hotel for around 350 million
RIU bursts into Barcelona with the purchase of the Reina Sofía hotel from Blasson and BNP Paribas AM for around 350 million euros.
RIU Hotels & Resorts is acquiring the Princesa Sofía hotel in Barcelona from Blasson Property Investments and BNP Paribas AM for approximately 350 million euros. The hotel, which has 465 rooms and one of the city's largest event and meeting centers, will be managed by RIU starting April 1, 2027, and will become the 14th hotel in its RIU Plaza urban line.
The hotel is located on Avenida Joan XXIII, near the Camp Nou, CaixaBank's headquarters, and the University of Barcelona. RIU's CEO, Luis Riu, states that entering Barcelona has been a strategic priority for over a decade and that they approach this project with the same enthusiasm as their Riu Plaza in Madrid. The transaction was intermediated by aCapital, Eastdil, and Colliers.
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.
