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ActivumSG Fund Checks Out of Hard Rock Hotel Madrid in €65 Million Sale

Iberia Fund I Divests 161-Room Hotel in the Museum district

The Hard Rock Hotel in Madrid (Hard Rock Hotels)
The Hard Rock Hotel in Madrid (Hard Rock Hotels)

A fund overseen by ActivumSG Capital Management, the turnaround and opportunistic real estate fund manager, has sold the 161-guest room Hard Rock Hotel Madrid it established in the heart of the Spanish capital’s Museum District to Arlaes Management, an investment and management company of international investors, for €65 million.

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