Houses on Cabezas Street Change Owners

New twist in the scenario for him Palacetes Hotel in Cordobaa five-star projected on Cabezas and Caldereros streets. AND the rotation is 180 degrees. Because the houses that will give birth to said high-level hotel They changed ownership this Thursday.

Her The owner was Millenium Hospitality Real Estate (a Socimi: investment company listed on the real estate market; in this case in accommodation) and Now they belong to Javier Illanwho was the head of the Socimi.

The transfer of the houses where this five-star will go is part of the agreement who have reached the current leaders of Millenium and Illan For END with the battle which had arisen between the two parties and which had ended up in court.

One of the points of the pact is that Illan will buy two properties in Millenium: a farm located in Vejer de la Frontera (Cádiz) and the houses in Cordoba where a five-star classification is planned. For both will pay 18 million eurosThe agreement ends any type of legal action and ends the battle generated in this SOCIMI.

The capital has a weak point in your accommodation offer inside low number of places of five star hotelsa type of establishment essential to attract travelers of the highest economic level.