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ASG Studies Market for Buying Hotels in Spain and Portugal

The investment fund manager is looking for 3, 4 and 5-star hotels with a minimum price of 20 million euros and a capacity of 100 rooms or more.

The venture capital investment manager ASG Iberia is looking to strengthen its hotel portfolio in the Iberian Peninsula. Therefore, it is sounding out the market for opportunities to buy both urban and holiday venues in Spain and Portugal.

Specifically, the firm is on the prowl for 3, 4 and 5-star hotels with a minimum price of 20 million euros and a capacity of over 100 rooms. The fund will also seek potential investments in other sectors with growth potential.

Read the full article in Spanish

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