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Thor Buys the 5,000 m2 Plot that Used to House the Hotel Palmera Plaza From Jerez City Hall

The social and healthcare developer has completed the purchase of the land to build a large residential complex for the elderly.

hotel palmera plaza jerez

The city of Jerez de la Frontera (Cádiz) is recovering a key environment in its recent history and in this context, the socio-healthcare and hospital space developer Thor Private Equity Spain has acquired a plot of land from it. Until less than ten years ago, the plot housed the Palmera Plaza Hotel, but now Thor will develop a new building on the site for the healthcare segment.

Following a public tender that took place in August, Thor acquired the plot, which spans 4,714 square metres and which is located on Calle Pizarro. That deal followed an operation carried out in March when Thor purchased the hotel complex from businessman José Luis López. As such, the private equity company now has the entire site at its disposal.

Read the full article in Spanish.

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