Norlake Hospitality has sold The Hoxton Poblenou hotel in Spain to Partners Group, Trinity Investments and an unnamed third party investor.
The 240-key, four-star hotel in Barcelona’s 22@ district – an innovative urban, economic and social renovation project – was sold for an unspecified sum.
The latest transaction marks the fourth joint investment between Partners Group and Trinity Investments since the former acquired a strategic minority stake in the hospitality real estate investment firm in 2024. The duo’s recent collaboration includes the 2024 acquisition of The Standard, London, a 266-key luxury lifestyle hotel in King’s Cross.
Stephen McCall, managing director, real estate, Partners Group, said: “The Hoxton Poblenou is perfectly positioned to capitalise on Barcelona’s unique appeal to both business and leisure visitors.
“Executing a value creation plan in the hotel sector is specialised and operationally intense, which is why we have built vertical depth into our hospitality strategy by partnering with Trinity on this transaction.”
To read the latest IPE Real Assets magazine click here.
