Deals

Mazabi buys Tarragona hotel

Spanish family office Mazabi has bought the Hotel Cap Roig Nature in Tarragona Spain for an undisclosed amount.

The sale and leaseback deal means The Palm Experience will stay in place as the hotel’s operator until December 2022, according to the website Iberian Property

The deal is the fifth the business has done in the hotel space in 2021.

"We are very happy to be able to incorporate the Hotel Cap Roig Nature into our portfolio of assets, because it is an asset with great potential, which fits perfectly into the portfolio of hotels that we have in our portfolio," said Juan Antonio Gutiérrez, director delegate of Mazabi.