Hungary-owned GESTOR Investment Ltd. has further strengthened its presence on the Iberian Peninsula at the end of 2025 by expanding its portfolio with new hotel assets in Salou, Spain, and in downtown Porto, Portugal. The transactions fit well with Gestor’s long-term growth and geographic diversification strategy.
Salou: A tourism investment based on year-round demand
As part of an off-market transaction, Gestor acquired a tourist accommodation property in Salou, Catalonia, in the southern catchment area of Barcelona. Salou is one of Catalonia’s most important resort destinations and is located in the immediate vicinity of the region’s flagship tourist attraction, PortAventura World.
The property’s location ensures year-round demand, while seasonal tourism delivers high occupancy rates and stable yield potential. The accommodation is operated by Salou-based IBERSOL, which manages several thousand units along the Spanish coastline. Financing for the transaction was provided by Spanish bank BBVA.
Porto: Another city-centre hotel acquisition
In parallel with the investment in Spain, Gestor further expanded its hotel portfolio in Portugal with an acquisition in downtown Porto. The purchased hotel is located within the historic urban fabric, in a location with year-round demand, supported by stable urban and international tourism flows.
Financing for the Porto transaction was provided by Portuguese bank ABANCA, further strengthening Gestor’s local banking relationships in Portugal.
More than a decade of presence on the Iberian Peninsula
The two transactions align with Gestor’s investment strategy in Spain and Portugal, which the company has been consistently building for more than 11 years. Alongside its investments in Hungary, Gestor began diversifying its portfolio early on by geography and asset class on the Iberian Peninsula, where over the past decade it has invested in retail, logistics, and hotel properties.
The aim of this approach is to build a portfolio that generates stable cash flow while preserving long-term value in Spain and Portugal.
Commenting on the transactions, András Gerő, CEO of Gestor, said: “These acquisitions fit organically into our strategy of increasing the weight of our non-Hungarian investment portfolio. We are deliberately seeking Iberian opportunities that provide stable, long-term cash flow and predictable returns for our investors.”
Gestor’s Iberian strategy is not speculative but cash-flow-driven and focused on long-term value creation. The company is expanding its presence in locations and asset classes where demand is structurally durable, supply is limited, operations can be ensured by professional partners, and financing is based on stable local banking relationships.
“In the coming years, residential, temporary accommodation, and tourism-related real estate assets in Spain and Portugal are expected to continue to attract strong investor interest. Gestor’s goal is to operate as a regional platform in Spain and Portugal that is capable of developing, financing, and managing institutional-grade real estate assets across the Iberian Peninsula over the long term,” Gerő concluded.
