MAGG Capital and Onix Capital purchased a plot in El Prat to construct a 161‑room, four‑star hotel with a total investment of €30 million. The deal signals sustained investor appetite for Spanish hotel assets and may boost local construction and tourism‑related employment. MAGG Capital, Onix Capital, local authorities in El Prat (implicitly involved for permitting), and future hotel operator (yet unnamed). Securing construction permits, breaking ground within the next 6‑12 months, and opening the hotel likely by 2028. The two investment firms have acquired land in El Prat, a municipality adjoining Barcelona, to build a mid‑scale hotel. The project reflects continued private‑sector confidence in Spain’s tourism and hospitality recovery. With a total investment of €30 million, the development could add roughly 161 rooms to the local lodging supply.
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