RLH Properties Acquires the Hotel Villa Magna in Madrid for €210 Million from the Dogus Group
November 26, 2018 at 03:57 pm EST
RLH Properties announced the acquisition of Hotel Villa Magna, an emblematic luxury hotel located in the center of Madrid, for €210 million from the Dogus Group. The deal is scheduled to close in mid-December and reinforces the business model of RLH Properties, an international property company listed on the Mexican Stock Exchange (BMV) focused on ownership of branded hotel and residential assets, in the luxury segment.