Reflecting its strong dynamism in investment, the private equity company closed the year with the signing of a 300th hotel in its portfolio. The future 260-room ibis Styles will take place in Valdebebas, a district known for its Isabel Zendal hospital, Real Madrid training center, IFEMA Exhibition and Congress Center and its residential area of La Solana. In full development, the urban area should also host very soon the new courthouse, 36,000 sqm of offices, a 145,000 sqm shopping center and an extension of the IFEMA. Finally, the district enjoys vast natural areas such as the Felipe VI Park, one of the green lungs of the capital, which extends over more than 400 hectares.
AGP Hotels, partner and co-investor in the operation, will operate this new establishment. The group already has ten franchised hotels in France and Spain to its credit.