Santander AM continues to demonstrate its commitment to the real estate sector, launching the Signal Santander European Hospitality Opportunities fund. It will invest in hotels located in southern Europe, especially in Spain.
Signal Capital Partners specialises in the real estate market and will help hotel chains raise funds to recover from the fall in revenues caused by the Covid-19 crisis. In addition, the new fund also aims to support the sector in making changes necessary to boost the viability of their businesses, according to the fund manager.
Santander has committed a total of €100 million to this joint venture, while Signal Capital will invest another €100 million. The fund will have a five-year investment period and is aimed at institutional investors.
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