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Oceanwood Boosts Its Participation in NH Hotels, Reaching 14.3%

Posted by: In: Real Estate 18 Aug 2017 Comments: 0 Tags: , , , , , , , , , , ,
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18 August 2017

The British fund Oceanwood has raised its stake in the NH Hotel Group to 14.3% from 14.1%. Oceanwood has 50.11 million shares of Spanish hotel chain and has consolidated its position as its second largest shareholder, behind the Chinese group HNA, which controls 29.5% of the capital, and ahead of Hesperia, which has 9%. According to information sent to the Spanish National Securities Market Commission (CNMV), of the declared voting rights, 10,012 million (2.86%) correspond to borrowed shares, Europa Press reported.

Original Story: Expansion ProOrbyt

Translation: Richard Turner

The post Oceanwood Boosts Its Participation in NH Hotels, Reaching 14.3% appeared first on Aura Real Estate Experts.

Source:: AURA Real Estate Experts

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