Buyers circle Peru’s Marriott properties

Buyers circle Peru’s Marriott properties

Peru Andean M&A

A number of buyers are circling Peru’s Marriott hotel properties in a potential transaction that could net the seller, Inversiones La Rioja, between $240m and $250m, according to multiple sources familiar with the Peruvian hotel market. The property investment firm is assessing bids from private equity firms such as Linzor Capital, Blackstone and Ashmore, while family offices including Megeve and Grupo Posadas are also eyeing the hotels, the sources said. Other real estate and hospitality

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