Azora, has expanded its Latroupe platform by acquiring two urban hostels in Dublin and Barcelona. This move marks Azora's entry into the Irish hotel market and strengthens its presence in Spain, adding 557 beds to its hostel portfolio.
Azora, the Madrid-based European real estate investment manager, has completed the acquisition of two hostels located in Dublin and Barcelona on behalf of its Azora European Hotel and Lodging Fund (“AEHL” or the “Fund”), through a transaction with a fund managed by BlackRock.