Meridia Capital acquires hotel in Barcelona's @22 district

Meridia Capital Partners has acquired Hesperia Barcelona del Mar, a four-star hotel located in Barcelona’s 22@ district.

Publicado Monday, March 9th 2020
Meridia Capital acquires hotel in Barcelona's @22 district

Víctor Iborra

The property, built in 2002, has 84 rooms (including six suites), and a total floorspace of 5,800 square metres.

It includes 350 square metres of meeting space, a restaurant and bar area as well as private parking with 28 spaces.

This investment represents the fourth acquisition carried out by real estate vehicle Meridia IV. The fund’s other three investments were: an office building in Madrid’s MadBit district; a four-building office portfolio; as well as an investment in the hospitality sector.

Meridia IV, which focusses on commercial real estate in Madrid and Barcelona, has an investment capacity of more than €600 million.

Víctor Iborra (pictured), real estate investment director at Meridia Capital, said “The acquisition of this hotel allows us to diversify our exposure by segment and strengthen our presence in the sought-after 22@ district. This transaction represents a unique opportunity to acquire a hospitality asset in Barcelona, a market where Meridia has strong experience through past vehicles.”

Meridia Capital has around €1 billion of assets under management.