The Azora Group has identified an investment opportunity in real estate assets linked to leisure and entertainment that is supported by the mega trend of growth in spending on experiences. The Azora Group looks for assets that are not affected by the e-commerce trend and that are based on the entertainment trend.
Under this strategy, the Azora Group has acquired the Méndez Alvaro multiplex cinema complex in Madrid, which has 16 screening rooms with a total capacity of 2,756 spectators.
Characteristics of the Assets
- Assets linked to the leisure segment
- Cinema theatres