Millenium Expands its Portfolio With Premises, Parking Spaces & Other Assets in Madrid & Córdoba

The Hotel Socimi has invested almost 45 million euros in acquisitions as well as in the renovation of the hotels in its portfolio.

Millenium, the hotel Socimi, has made investments both in the acquisition of assets as well as in the renovation of its portfolio, during a difficult year for the tourism sector. The hotel Socimi has invested almost 45 million euros between asset acquisitions and renovations and updates (Capex).

The company, which is owned by the Isidro Rincón family (Europac) and the former CEO of Inditex and Novagalicia, José María Castellano, has bought an asset in Córdoba to complement the set of assets that it already owns in the city with a view to developing a unique hotel in the Jewish quarter.

Read the full article in Spanish.