Grupo Evemarina sells Park Hyatt Casares hotel for EUR 70m

By A staff reporter 2008-02-05T00:00:00+00:00

Spanish property developer Grupo Evemarina has sold the five-star Park Hyatt Casares Golf & Spa Resort near Marbella in southern Spain to an unnamed Middle Eastern investment fund for some EUR 70 mln. Irea advised the seller on this transaction.

Spanish property developer Grupo Evemarina has sold the five-star Park Hyatt Casares Golf & Spa Resort near Marbella in southern Spain to an unnamed Middle Eastern investment fund for some EUR 70 mln. Irea advised the seller on this transaction.

Grupo Evemarina is a real estate company located in Malaga that focuses on the development of luxury projects.