Colliers International was instructed by MillenniumBCP to value one of the largest hotels in Madrid. The instruction follows several other recent hotel instructions received by Colliers.

"In 2012 we have been appointed to value close to 50 hotel units" informed João Nunes, Colliers International property Valuation Director. "Our expertise, know-how and track record are key factors for our clients, since a hotel valuation requires capabilities where our consultants excel" added João Nunes.

MillenniumBCP is one of the largest private banks in Portugal. "We have been working with MillenniumBCP for close to 20 years now" continued João Nunes.

The hotel is centrally located and has over 200 rooms. It is one of the largest hotels in Madrid. "This is just one more crossborder instruction, following several others, which account for the interaction and integration we have at Colliers. This valuation will be undertaken by our office in Madrid and, certainly, as it has happened before will be one more example to highlight the true global reach of Colliers International" concluded João Nunes.