Grupo Insur has signed a 15-year lease agreement with the Irish company Dalata Hotel Group for the development of a four-star hotel in Valdebebas (Madrid), which will have 243 rooms and an investment of 50 million euros. The opening is scheduled for the first quarter of 2029.
The establishment will be operated under the Clayton brand and will be equipped with a restaurant, bar, outdoor swimming pool, gym and meeting and event rooms. In addition, the building will be LEED Gold certified.
The hotel will be located in an area close to the Adolfo Suárez Madrid-Barajas Airport, the IFEMA trade fair institution, the future City of Justice of the Community of Madrid, the Valdebebas public hospital and the planned Formula 1 circuit.
Dalata Hotel Group, operator of the hotel, will thus debut its presence in the Spanish market. The transaction has been advised by Savills and Zurbarán Abogados.
Enrique Ayala, Grupo Insur's director of tertiary development, stated that ‘the agreement reinforces the developer's commitment to the development of sustainable and tertiary assets in strategic locations such as Madrid’.
In parallel to this operation, Grupo Insur has other active projects in the tertiary sector. In Las Tablas (Madrid), it is building the Elever office building, with an investment of 44 million euros and 9,900 sqm leasable, which will have LEED and WELL Platinum and WiredScore Gold certifications. In Malaga, the company is developing the Ágora and Noa smart office buildings, with a combined investment of 74 million euros and more than 20,000 sqm, designed under ESG criteria and with advanced energy management technologies.
