Ashurst advised Oaktree Capital Management on the sale of Hotel Dolce Sitges in Barcelona to Talus Real Estate and Angelo Gordon. The transaction is worth just over €40 million.

Ashurst has previously advised Oaktree on the real estate financing and on zoning aspects of the Hotel Dolce Sitges.

This 5-star unity is dedicated to meeting and conference rooms. It has 263 rooms, a spa, a fitness center, 4 outdoor pools and one indoor pool, as well as 2,175 m2 of space dedicated to meetings.

Cristina Calvo, a Real Estate Partner in the Ashurst Madrid office led the transaction assisted by Joaquín Macías. Sandra Berdeal provided corporate support.

Uría Menendez advised the purchaser.