Extendam Acquires Three IHG-Branded Hotels in Spain from Eurazeo, Totaling 543 Rooms in Madrid and Barcelona
🏨 French private equity firm Extendam acquired three IHG-branded hotels in Madrid and Barcelona, Spain, totaling 543 rooms, from Eurazeo. Grupo Ramat acquired the 168-room Hotel Mongibello Ibiza for €60 million. Banor Capital purchased Hilton Garden Inn Silverstone in England with a £40 million loan. GDF Group acquired Hilton Garden Inn Milan North, financed with a €15 million loan. Zaka Investments acquired Hôtel La Savoyarde in Val-d'Isère, France. RAD Hotel Group acquired Lochgreen House Hotel & Spa in Scotland.
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