Líbere Hospitality has reached an agreement to operate two new buildings comprising 32 apartments in Bilbao. The serviced apartment manager has strengthened its position in the capital of Bizkaia, where it already owns three other properties. The two new assets, which are being promoted by the San Sebastian-based real estate developer Gidatum Group, will be operational in 18 months, according to forecasts. The agreement reinforces Líbere Hospitality’s growth and diversification strategy, adding to the solid portfolio of assets owned by different owners.
With these two new properties, Líbere Hospitality will increase the size of its portfolio to 24 assets under management. Its properties are located in Bilbao, Vitoria, San Sebastián, Valencia, Madrid, Barcelona, Granada, Málaga, Córdoba and Pamplona. The objective before the end of the year? The same as it set in January of this year: to achieve 1,000 units under management.
Read the full article in Spanish.