Union Investment brings Radisson Blu hotel brand to Barcelona
German investment manager Union Investment has acquired a hotel in Barcelona, Spain, which opened in November 2018 under the Barcelona 1882 brand and will be converted to a Radisson Blu as part of the acquisition process. Financial details were not disclosed. The deal for the hotel, located close to the basilica of the Sagrada Familia, was struck on behalf of open-ended real estate fund Unilmmo: Europa. The vendor is Partners Group, a global private markets firm, acting on behalf of...