Stoneweg acquires the Hotel Mimic in Barcelona for €20M

Stoneweg acquires the Hotel Mimic in Barcelona for €20M

The Swiss investment group has bought the Hotel Mimic, in the Raval neighborhood in Barcelona, for around 20 million euros, according to Expansión. The establishment has 92 rooms and has a two-star category.

The hotel, currently managed by the Acta Hotels chain, was owned by the company Inversiones Riera de Sant Miquel, which includes several family offices of investors such as the Camí (founders of Acta), the Vallès (former owners of the Vita laboratories) or the Costafredas (former owners of Panrico), among others.

The Hotel Mimic opened in 2010 in the building of the old Gran Cine Colón, on Carrer del Arc del Teatre. The building retains part of the façade in the cinema room and some rooms are themed with movie scenes.

In recent months, Stoneweg has remained very attentive to the opportunities that arise in the hotel sector. It was precisely one of the interested parties in the Selenta portfolio that, finally, Brookfield was awarded. The offer they came to present reached 460 million euros. Also, it made its offer for another of the star assets of 2021, the Beverly hotel in Mallorca.

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