Maslow Capital, a leading pan-European provider of specialist real estate finance, has provided senior financing to support Selecto's first Iberian hotel portfolio.
Selecto is a new hospitality platform focused on the urban limited-service hotel segment across the Iberian Peninsula, launched by Tikehau Capital in partnership with Quest Capital. The portfolio comprises four developments in Madrid, Málaga and Barcelona, with a combined gross development value (GDV) exceeding €200 million.
The assets are located in MadBit and Las Tablas in Madrid, the FYCMA district in Málaga, and L'Hospitalet de Llobregat in Barcelona, adjacent to Plaza Europa and Fira Barcelona. The hotels will operate under the Holiday Inn Express brand through a franchise agreement with IHG Hotels & Resorts.
The MadBit development in Madrid has already entered the construction phase, becoming the first asset within the platform to move into development.
The transaction further strengthens Maslow Capital's position as a specialist financing partner for real estate platforms, institutional investors and specialist operators across Europe. It also reflects the growing demand for operational real estate assets in Spain, particularly those supported by efficient and scalable business models such as urban hotels.
In recent months, Maslow Capital has financed a number of landmark projects across the hospitality, logistics, living and other operational real estate sectors, providing bespoke financing solutions tailored to complex structures and the specific requirements of each development. This activity highlights the increasingly important role of alternative financing as a complementary source of capital to enable new real estate developments and accelerate value creation in assets supported by strong underlying demand.
Emilio Silvestre, Managing Director of Maslow Capital in Spain, said: "This transaction reflects our commitment to supporting platforms with strong growth potential and assets that are well positioned to benefit from evolving real estate market dynamics. The urban hospitality sector offers compelling opportunities in Spain, driven by robust demand, increasing professionalisation and scalable operating models. Selecto brings together many of the qualities we look for in our partners: a clear strategy, leading operators and projects with long-term value creation potential."
About Maslow Capital
Maslow Capital is a leading pan-European real estate finance provider with a proven track record of financing more than €10 billion of real estate projects. With local offices across eight countries, Maslow combines on-the-ground origination capabilities with pan-European underwriting and structuring expertise. The platform provides financing solutions ranging from €2 million to €750 million across a broad spectrum of real estate asset classes throughout Europe.
Caption: Barcelona Fira - Hospitalet