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Partners Group Holding AG ( (CH:PGHN) ) has issued an announcement.
Partners Group has expanded its global hospitality real estate portfolio with the acquisition of The Hoxton Poblenou, a 240-room, four-star lifestyle hotel in Barcelona’s 22@ innovation district, bought from Norlake Hospitality alongside Trinity Investments and another investor. The asset, branded under Accor’s Ennismore lifestyle division, is positioned to benefit from Barcelona’s robust tourism and business travel, constrained new hotel supply, and tighter rules on private rentals, with Partners Group and its partners planning a value creation program centered on boosting group bookings and enhancing food and beverage operations. The deal, part of Partners Group’s USD 1 billion hospitality strategy and its fourth collaboration with Trinity since 2023, underscores the firm’s push to deepen its vertically integrated hotel platform following prior high-profile acquisitions such as The Standard Hotel in London, and signals continued confidence in hospitality assets in tightly regulated, high-demand urban markets.
The most recent analyst rating on (CH:PGHN) stock is a Buy with a CHF1125.00 price target. To see the full list of analyst forecasts on Partners Group Holding AG stock, see the CH:PGHN Stock Forecast page.
More about Partners Group Holding AG
Partners Group is one of the largest firms in the global private markets industry, managing over USD 174 billion in assets across private equity, private credit, infrastructure, real estate and royalties. Headquartered in Switzerland with a primary US presence in Colorado, the firm emphasizes an operationally oriented investment approach and thematic sourcing, and its real estate arm oversees a USD 60 billion global portfolio focused on living, industrial and hospitality strategies.
Average Trading Volume: 63,550
Technical Sentiment Signal: Hold
Current Market Cap: CHF24.85B
For an in-depth examination of PGHN stock, go to TipRanks’ Overview page.