Alantra has acted as exclusive debt advisor to Meliá Hotels International, Spain’s leading hotel group, and Banca March on the €93mn financing of a two-hotel portfolio acquisition in Spain.
The portfolio includes two 4-star hotels located in Tenerife and Mallorca, comprising a total of 784 rooms. The financing package consists of an acquisition facility and a capex facility aimed at supporting the repositioning of both assets.
Jorge Roa, Managing Director at Alantra, said: “We are pleased to have supported Meliá and Banca March in another strategic hotel financing. This transaction demonstrates our ability to deliver tailor-made debt solutions and further strengthens our long-standing relationships with two leading players in the Spanish hospitality and financial sectors.”
Guillermo Hernández, Director at Alantra, added: “This transaction underscores our continued collaboration with Meliá and Banca March and builds on our previous engagement in a €90mn refinancing and capex facility for another hotel portfolio in Spain.”
Alantra’s ability to combine deep Real Estate expertise with a multi-product approach continues to drive strong momentum across Europe. The firm has recently advised on a €1bn strategic joint venture with CVC, a €230mn capital increase for Neinor, and a strategic investment from Alchemy Partners in Barons Eden.
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