CBRE has advised Cerberus Capital Management on the sale of a portfolio of three hotels in Mallorca to Hoteles Globales, in a transaction that is significant within the Spanish resort hotel market.

The portfolio comprises the Caprice Concord, Caprice Janeiro, and Caprice Isabel hotels, which together total 488 rooms and are located in established, prime locations across the island of Mallorca.

This transaction reflects the excellent momentum of Spain’s resort hotel market, particularly in consolidated destinations such as the Balearic Islands, which closed 2025 as the third-largest hotel investment market, with investment volumes exceeding €600 million

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