The private equity fund Zetland Capital closes the purchase of the Hotel Don Juan Center, in Lloret de Mar, advances Brainsre.news.
The Hotel Don Juan Center has more than 200 rooms. The asset is located 450 meters from the old town of the Catalan town and 550 meters from the main beach.
EY has been the sole and comprehensive advisor for the purchase and financing of the hotel complex. The real estate team of the real estate consultancy has a strong specialization in the hotel segment and has been the advisor for all Zetland operations in Spain. The final amount of the operation has not transpired.
The Zetland Capital fund, led by Ahmed Hamdani, is very active in the national hotel market. In January, the English private equity closed the acquisition of the 440-room Hotel Natali in Torremolinos.