Hospitality

Madrid’s hospitality sector continues to benefit from solid demand, driven by tourism and corporate activity, while the supply of modern, efficient product outside the city centre remains limited. Villa de Vallecas, well connected by public transport and road, is a strategic location for a new-generation hotel aimed at operators seeking contemporary, well-located product with competitive operating costs.

As part of our strategy to diversify into operational assets, we have entered the hotel sector with the development of a 210-room hotel in Madrid’s Villa de Vallecas district. The 7,250 sqm (above ground) project is built to suit and features common areas designed for both business and leisure stays: a gym, meeting rooms, a bar-café and a swimming pool. We bring to this segment the experience gained in Living: functional design, operational efficiency and a long-term vision for the asset.