PropertyEU

Spain's Azora completes Portugal resort deal

By a staff reporter 2024-05-29T00:00:00

The 5-star Marriott Praia d’El Rey Hotel

Azora, the Madrid-based European real estate investment manager, has made progress on the buy-side for its European Hotel and Lodging Fund via the purchase of Praia d’El Rey Resort in Óbidos, PortugaL, from Oxy Capital and Fondo Aquarius. The investor kept the deal value under wraps.

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