In Brief: HVS reports on key hotel sales and investment activity across Europe for the week ending 3 July 2026
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Banor Capital acquires Hilton Garden Inn Silverstone in the UK – Image Credit Hilton
Extendam acquires three IHG-branded hotels in Spain from Eurazeo
French private equity firm Extendam, acting on behalf of French and international institutional investors, has acquired three IHG-branded four-star hotels (543 rooms) in Madrid and Barcelona, Spain from French private equity firm Eurazeo. The portfolio includes the 157-room Crowne Plaza Madrid Centre Retiro, the neighbouring 197-room Voco Madrid Retiro, and the recently renovated 189-room Hotel Indigo Barcelona Plaza España located in the Montjuic district. The two adjoining Madrid properties share common areas and amenities, including a restaurant, 17 meeting rooms and a fitness area. Both hotels will also benefit from planned enhancements, including the addition of an outdoor pool by 2027 and an expanded F&B offering. French operator Grape Hospitality will continue operating the portfolio.
Grupo Ramat acquires Mongibello Ibiza Hotel from Stoneweg and Bain Capital
Spanish real estate investor Grupo Ramat, along with a group of private investors, has acquired the five-star, 168-room Hotel Mongibello Ibiza in Spain, from Swiss global alternative investment group Stoneweg Hospitality, the hospitality arm of Geneva-headquartered real estate investment firm Stoneweg SA, and American private equity firm Bain Capital, for an amount reported to be €60 million (€357,100 per room). The property is situated on Ibiza’s eastern coast in Santa Eulària des Riu, a 25-minute drive north of Ibiza Town and 30 minutes from the airport. The hotel includes a restaurant, bar, two meeting rooms and an outdoor swimming pool. The sellers acquired the property in 2022 and extensively refurbished and repositioned it. Spanish hotel developer and operator Concept Hotel Group will continue operating the hotel.
Banor Capital acquires Hilton Garden Inn Silverstone in the UK
London-based investment management company Banor Capital, through its managed vehicle Banor Alternative Assets, has acquired the four-star, 197-room Hilton Garden Inn Silverstone in Northamptonshire, England. The property is situated next to the British Grand Prix racing circuit and overlooks the start/finish line and winners’ podium. The hotel includes a restaurant, rooftop bar and footbridge to the Silverstone Wing, the largest conference and event space between Birmingham and London. Banor financed the acquisition through a £40 million loan provided by London-based Metro Bank.
GDF Group acquires Hilton Garden Inn Milan North in Italy
Italian investment company and hotel operator, GDF Group SpA, has acquired the four-star, 193-room Hilton Garden Inn Milan North in Italy. The property is situated in the northeast of Milan, a twenty-minute drive from Milan’s city centre and Milan Linate Airport. The hotel includes a restaurant, bar and ten meeting rooms. GDF has managed the hotel since 2015, and financed the acquisition through a €15 million loan provided by Milan-based BCC Milano.
Zaka Investments acquires Hôtel La Savoyarde in Val-d’Isère, France
Zaka Investments, the real estate investment arm of the family office of French industrialist Pierre Bastid, has acquired the three-star, 50-room Hôtel La Savoyarde in the French luxury ski resort of Val-d’Isère. The property is situated in the French Alps near the Italian border, about a 3-hour drive southeast of Geneva. The hotel includes a restaurant, bar and a lounge. Zaka will refurbish and rebrand the hotel as Nolinski Val d’Isère, which is scheduled to open in December 2029 with 45 rooms under the Evok Collection, the hotel operating arm of Pierre Bastid’s family office.
RAD Hotel Group acquires Lochgreen House in Scotland from local hotelier
Scottish owner-operator RAD Hotel Group has acquired the five-star, 33-room Lochgreen House Hotel & Spa in Troon, Scotland, from local hotelier Bill Costley. The property is situated near the Royal Troon golf course on the west coast of Scotland, a 40-minute drive south from Glasgow. The hotel includes one restaurant, two bars and four event spaces. This acquisition brings the RAD Hotel Group’s portfolio to ten hotels across Scotland.
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