Swiss Life Asset Management AG acquired Hotel Valparaiso SL, Hotel Vistamar, Hotel Monterrey and Hotel Eden Binibeca from Elaia Investment Spain Socimi, S.A. (BME:YEIS) for €50 million on February 27, 2020. Clifford Chance S.L.P. and Pérez-Llorca Abogados, S.L.P. y CÍA, S.Com.P. acted as legal advisors for Swiss Life Asset Management AG. Catella and CBRE acted as real estate advisors. Swiss Life Asset Management AG completed the acquisition of Hotel Valparaiso SL, Hotel Vistamar, Hotel Monterrey and Hotel Eden Binibeca from Elaia Investment Spain Socimi, S.A. (BME:YEIS) on February 27, 2020.