Iberian Property > News > Hotels The Palace Barcelona becomes property of the Algerian State The iconic five-star hotel, formerly known as the Ritz, was transferred to Algeria’s National Investment Fund following the fall of businessman Ali Haddad. Alexandre Lima | 29/10/2025 The Palace Barcelona. Image by: Booking. Exclusive Content NOT A SUBSCRIBER YET? SUBSCRIBE HERE >> Already a subscriber? LOGIN HERE >> Related news: Hotels Renta 4, Grupo Lar and Westmont have purchased a building in Málaga to develop a hotel 28 October 2026 Logistics MASLOW CAPITAL PROVIDES €126M FOR TWO PRE-LET INDUSTRIAL DEVELOPMENTS NEAR BARCELONA 27 October 2026