By Michele Maatouk
Date: Friday 16 Feb 2018
LONDON (ShareCast) - (ShareCast News) - AIM-listed Christie Group said on Friday that Christie & Co, its specialist provider of agency and advisory services, has brokered the sale of the Hotel Denia La Sella Golf Resort & Spa in Alicante, Spain.
Christie & Co brought the hotel's purchase opportunity to the market after the signature of a mandate on an exclusive basis with the former ownership of the hotel (La Sella Group) and Amazona Investments, which is a joint venture between two privately managed investment funds.
The 5-star hotel, previously known as Marriott La Sella Hotel, was managed by the former owners under a franchise agreement with Marriott Hotels International until December 2016.
The new owner of the asset is a vehicle managed by Alantra, a specialised firm in financial advice and asset management whose investors have seen the hotel as an opportunity of asset repositioning, which will be managed on a rental basis by Gestión de Activos Turísticos.
Inmaculada Ranera, managing director for Christie & Co Spain & Portugal, said: "We are very proud to have been able to complete the sale of this asset, whose complicated financial situation has been a real challenge to bring this transaction to success. This opportunity received great interest, both nationally and internationally, given its exceptional characteristics."
At 1245 GMT, the shares were up 5.4% to 108p.
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Currency | UK Pounds |
Share Price | 105.00p |
Change Today | 0.000p |
% Change | 0.00 % |
52 Week High | 160.00 |
52 Week Low | 67.50 |
Volume | 516 |
Shares Issued | 26.53m |
Market Cap | £27.85m |
RiskGrade | 163 |
Value |
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Price Trend |
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Income |
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Growth |
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Latest | Previous | |
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Final | Interim | |
Ex-Div | 13-Jun-24 | 05-Oct-23 |
Paid | 12-Jul-24 | 03-Nov-23 |
Amount | 0.50p | 0.50p |
Time | Volume / Share Price |
15:04 | 516 @ 109.80p |
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