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French fund Comète d'Alderan acquires Malmaison hotel in Newcastle for €22.8 million

The SCPI has signed several other deals in the UK in recent months
The Malmaison Hotel, Newcastle (CoStar)
The Malmaison Hotel, Newcastle (CoStar)
Business Immo
August 5, 2025 | 2:00 P.M.

Translated from French.

Just 18 months after its launch, Comète "is already one of the most dynamic SCPIs on the market", says manager Alderan, pointing to net inflows of €98.6 million in the second quarter of 2025.

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