Eurazeo Completes Sale of Stake in Spanish Hotel Group FST Hotels

Eurazeo has completed the sale of its stake in FST Hotels, a Spanish hotel group with properties in Madrid and Barcelona, the Paris-based private markets manager announced July 2, 2026. The buyer, financial terms, and property-level details were not publicly disclosed as part of the announcement.

Transaction Overview

The deal represents a disposition of Eurazeo's stake in FST Hotels. Further details regarding transaction structure, sale price, price per key, cap rate, and any co-investment arrangements were not disclosed.

Portfolio Profile

The FST Hotels portfolio comprises properties located in Madrid and Barcelona — two of Spain's primary commercial and leisure hotel markets. Property-level details, including individual asset names, street addresses, room counts, and total number of properties, were not publicly disclosed as part of the announcement.

Strategic Context

Eurazeo described the transaction as the conclusion of an investment cycle in FST Hotels. The timing of the original investment entry, the hold period, and the investment strategy classification were not detailed in the available source material.

Eurazeo is a diversified private markets manager. The FST Hotels disposal is categorized under the firm's real estate activity.

Market Backdrop: Spanish Urban Hotels

The transaction comes against a backdrop of activity in Spain's primary urban hotel markets. Madrid and Barcelona have been among the more active markets for hospitality investment in Europe in recent years. Specific operating metrics for the FST Hotels portfolio, including occupancy, RevPAR, and ADR, were not disclosed.

Sources: Eurazeo press release, July 2, 2026