In December 2025, iAM Capital acquired a centrally located hostel asset at Cañizares in Madrid. CATS Hostels will operate the property going forward. The asset benefits from walking-distance access to major landmarks and strong year-round demand from international travellers. The business plan focuses on operational optimisation and guest-experience upgrades.
| Acquisition Date | December 2025 |
|---|---|
| Location | Madrid, Spain |
| Fund Name | ICE III |
| # of Beds | 153 |
| Strategy | Repositioning |
