A fund overseen by ActivumSG Capital Management 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 comprised of international investors, for €65 mln.
Real estate investor, developer and asset manager, Firethorn Trust has appointed Charlie Ingham as director of Firethorn Investment Management, its third-party investment, development and asset management services offering.
