on Partners Group (isin : CH0024608827)
Partners Group Expands Hospitality Portfolio with Hoxton Hotel Acquisition
Partners Group has acquired The Hoxton Poblenou in Barcelona's innovative 22@ District, alongside Trinity Investments and another third-party investor. This acquisition bolsters their USD 1 billion hospitality real estate strategy portfolio.
The Hoxton Poblenou, a 240-key, four-star hotel, is strategically located between Barcelona's business district, leisure attractions, and the coast. It features multiple amenities, including four food and beverage outlets and extensive meeting space. The hotel, part of Accor's lifestyle brands, is well-positioned to benefit from Barcelona's tourism and business travel growth.
Partners Group aims to enhance group bookings and boost the appeal of the hotel's food and beverage outlets. This transaction marks their fourth investment with Trinity since 2023, following the acquisition of The Standard Hotel, London.
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