26 December 2013
Bricapital said it acquired interest in the first Hyatt (NYSE: H) Regency branded hotel in Colombia, in the coastal city of Cartagena.
Bricapital is a subsidiary of Brilla Capital, the Miami-based real estate private equity firm with operations throughout the region. This transaction is part of a strategic partnership between the firm and Ospinas & Cia., a leading regional developer with more than 80 years of history in Colombia.
Bricapital is a Colombia-based private equity firm focused on the hotel and resort asset class within the country. For more information, visit www.brilla.com.
Hyatt Hotels, headquartered in Chicago, is a leading global hospitality company with a proud heritage of making guests feel more than welcome. For more information, visit www.hyatt.com.