SCPI Novaxia NEO, managed by Novaxia Investissement, has acquired the VTZ El Príncipe hotel, located on Calle de Santiago in the historic heart of Zaragoza, Spain's fifth-largest city. The property, which boasts an average occupancy rate of 90%, has been operated since January 2024 by Grupo VTZ Alojamientos, a family-run business founded in 1989, which today totals almost 50 establishments.
SCPI Novaxia NEO signs for 7.57% AEM in Zaragoza
This new operation brings the vehicle's real estate allocation in Spain to 8%.
By Benoît Léger
Business Immo
July 16, 2025 | 9:10 AM
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