StockMarketWire.com - Safestay has acquired a second Barcelona hostel from Equity Point Hostels for €2.0m in cash.
On 31 May 2017, Safestay announced it had agreed to acquire three hostels from Equity Point located in Lisbon, Prague and Barcelona.
The acquisition of this second hostel in Barcelona, known as Barcelona Gothic, from Equity Point will mean the Group now has 11 hostels within the portfolio.
Story provided by StockMarketWire.com
Shares Magazine
Shares is the leading weekly publication for retail investors. It is packed with investment ideas, news and educational material to help build and run portfolios and get more from your money.
Investor Events
Shares puts on free Investor Events throughout the year across the country. They provide an opportunity for investors to learn more about companies on the stock market and hear from a range of investment experts including fund managers and Shares journalists.