Bravus Iberian Partners advises Edgar Suites on the acquisition and development of an asset in Valencia's historic city centre

French hospitality operator Edgar Suites continues to expand its presence in Spain with a new investment in Valencia. In this transaction, Bravus Iberian Partners acted as advisor on the acquisition and development of the asset, which will involve a €15 million investment for the purchase and refurbishment of a building located in the city's historic centre. The property will be transformed into a premium aparthotel.

The project involves redeveloping the building into accommodation that combines the services and amenities of a hotel with the space and flexibility of high-end serviced apartments—a hospitality concept that continues to see growing demand from both domestic and international travellers.