Transactions - AUGUST 13, 2019

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Henderson Park makes fourth purchase in Spain, adds Aloft hotel to portfolio

by Kali Persall

Henderson Park has acquired the Aloft Madrid Gran Via, a 9,300-square-meter (100,104-square-foot) prime hotel in the center of Madrid, Spain, for an undisclosed price.

Operated by Marriott’s Aloft brand, the newly-constructed 139-room four-star hotel opened in May and features a rooftop pool, a fitness center, a 24-hour café and a 13th-floor bar with terraces offering panoramic views across the city, according to Henderson Park.

The asset is centrally-located on Calle de Jacometrezo, just off the iconic Gran Via, a major shopping and tourist destination and the most-visited street in Madrid.

The deal marks the firm’s fourth investment in Spain, according to Nick Weber, founding partner of Henderson Park.

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