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A Family Office Sells an Office Building in Sevilla for Conversion into a Hotel

The operation was closed for 10 million euros, but the new owner will have to wait to start work on the renovation of the asset.

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An investment fund, advised by the law firm Ejaso, has completed the acquisition of an office building in Sevilla, from a domestic family office, to convert it into a hotel, according to ABC Sevilla.

The property is located on Calle Rioja, 14-16 in the Andalucían capital. Currently, 20% of the property is still leased, so the new owner will have to terminate those rental contracts first.

Read the full article in Spanish.

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