News – Mazabi

MAZABI formalises the acquisition of a new hotel in San Sebastian and adds 17 Hospitality assets to its portfolio, worth more than 400 million euros

The management company has purchased the luxury hotel Luze located in Monte Igueldo, San Sebastian.
The asset consists of two buildings with a total of 42 rooms, as well as a restaurant, an infinity pool, wellness area with spa, gym, private lounges, 9,000 m2 gardens and parking.
Luze Hoteles, which has more than 25 years of experience in the sector and operates mainly in the north of the country, will be in charge of managing the new hotel.

Through this agreement, both companies have already made two acquisitions worth €20 million and are closing financing for a further purchase.
These assets are located in prime areas of London and are of mixed office, residential and retail typology.
iCapital sought to provide its clients with alternative investments.
Since 2024, MAZABI has been involved in more than €105 million (£90 million) worth of deals in London and has identified a pipeline of potential assets worth more than €81 million (more than £70 million).

27 May 2025|Tags: iCapital, London, Mazabi, UK|

The company will reinforce its commitment to the UK market, particularly in London, through a new operational vehicle that already has a potential pipeline and accepted LOIs totaling €81 million (£70 million).
Since March 2024, MAZABI has added nearly 16,000 sqm to its portfolio, comprising mixed-use assets (office, residential, and retail) in strategic London locations such as Farringdon, The City, and Tower London.

5 May 2025|Tags: London, Mazabi, UK|

The joint venture between Myjoja and Mazabi acquires additional land for €8.2 million in the Los Berrocales and Valdecarros developments, southeast of the capital.
This marks the completion of 40% of the committed investment of its second vehicle, which aims to invest in land under management located in Spain’s most promising urban transformation areas.
The company is also exploring new investment opportunities in cities or areas such as Navalcarnero or Valgrande (Madrid region) and Málaga.

In this second investment phase, the company has already completed the purchase of a new plot of land in the Los Berrocales development for 8.3 million euros.
The first fund closed in less than a year and a half with the acquisition of 630,000 square meters in some of the main urban developments in the Madrid region.

7 May 2024|

The joint venture between Myjoja (former founders of Aelca) and Mazabi acquires four plots in Los Berrocales and Valdecarros, Madrid, for 16.5 million euros.
This first vehicle has invested a total of 40 million euros in the purchase of 630,000 square meters of land in four new developments in Madrid.

3 January 2024|