Henderson Park has acquired the Aloft Madrid Gran Via, a prime hotel in the centre of Madrid, Spain. Operated by Marriott’s Aloft brand, which caters to the modern city traveller, the newly constructed 139-room 4-star hotel opened to guests in May 2019 and features a rooftop pool, a fitness centre, a 24-hour café and a 13th-floor bar with terraces offering panoramic views across the city. The purchase price was not disclosed.
The 9,300m² hotel is centrally located on Calle de Jacometrezo, just off the iconic Gran Via, which is Madrid’s single most visited street and top shopping and tourist destination, with the city’s Plaza de Espana and multiple metro stations, also close by. The ongoing regeneration of the historical city centre of Madrid, including the recent pedestrianisation of Gran Via, has reinforced the local area’s attractiveness.
Nick Weber, Founding Partner of Henderson Park, said: “This acquisition adds another prime institutional-quality hotel to our portfolio. Having only just been constructed, the Aloft Madrid Gran Via is a brand new property in an exceptional central location in a top global city that is benefitting from ongoing regeneration and steadily growing demand. Leveraging the expertise of our team combined with our strong working relationship with Marriott, we’re confident in our ability to further enhance the Aloft’s value and fully cater to the demand for its micro-location. With this marking our fourth investment in Spain, we remain positive on the prospects of the Spanish market, and the outlook for Madrid and Barcelona in particular, both of which continue to enjoy a strong economic recovery and draw high numbers of international business and leisure visitors.”