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Mazabi to Invest €200M in the Purchase of Hotels in Spain

The Spanish 'family office' currently has around €420 million invested in hotels.

hotel Iberostar Costa del Sol Estepona Mazabi 1024x576 1

Mazabi, the family office specialising in real estate assets, is planning to invest around €200 million in the purchase of hotels, to take advantage of the current situation, given its confidence in tourism and the sector over the long-term.

The company, which currently has around €420 million euros invested in hotels, owns 11 hotels with three in the process of investment in Spain. Together, they represent 25% of the firm’s total assets.

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