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Elaia REIT sells portfolio of four Spanish hotels to Swiss Life
Swiss Life has reached an agreement with Spanish REIT Elaia Investment Spain, Socimi, SA, controlled by the Luxembourg group Batipart, to purchase two hotels in Mallorca (Icon Valparaiso and Vistamar) a hotel in Gerona (Monterrey) and an apartment complex in Menorca (Eden Binibeca) for a reported €55 million (€103,000 per…
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