Iberian Property > News > Hotels Family office acquires Room Mate Alba Hotel in Madrid for €32.5M The four-star asset, located in the Barrio de las Letras district and offering 80 rooms, will continue to be operated by Room Mate after the sale. Alexandre Lima | 07/08/2024 Room Mate Alba Hotel in Madrid Exclusive Content NOT A SUBSCRIBER YET? SUBSCRIBE HERE >> Already a subscriber? LOGIN HERE >> Related news: Hotels MVGM adds 47 assets to its hotel portfolio, reaching 77 under management 06 October 2026 Data Centers Madrid reaches 165 MW of installed capacity in data centres 09 October 2026