Renta 4 launches fund to build Málaga hotel with Grupo Lar and Westmont

What's the deal? Renta 4Dealroom has a profile for this one. Try Dealroom → has launched Renta 4 Hospitality I, an investment vehicle created to fund the construction of a hotel in central Málaga. The project's co-investors are Grupo LarDealroom has a profile for this one. Try Dealroom →, which will develop it, and Westmont Hospitality GroupDealroom has a profile for this one. Try Dealroom →, which will operate it.

The details: The hotel will be a select-service establishment of two to three stars, spanning 3,833m² with 116 rooms. Location is one of the asset's main selling points.

The structure: According to documents filed with Spain's National Securities Market Commission (CNMV), the fund will take a direct, majority stake of at least 90% in the company that owns the asset. Grupo LarDealroom has a profile for this one. Try Dealroom → and Westmont Hospitality GroupDealroom has a profile for this one. Try Dealroom → will hold the remaining 10%, split evenly at 5% each.

The vehicle is aimed at professional investors, with a minimum commitment of €100,000. It carries an estimated five-year lifespan, during which the manager and its partners will build, launch, and stabilise the business.

Why now? Renta 4 is backing the Lar–Westmont alliance financially for the first time. The two firms sealed a joint venture in late 2024 to invest in a Spanish hotel platform focused on leisure and select-service assets.

The signal: The single-hotel fund is part of a far larger ambition. The Lar–Westmont partnership anticipates investment capacity of up to €350 million to acquire and operate a portfolio of 12 hotels across Spain — with Westmont already managing more than 500 establishments internationally.

Read more: EjePrime

Image credit: Andi Licious