East Capital Real Estate has sold the very popular and high-quality spa hotel, Georg Ots Spa, in Kuressaare
Fund manager East Capital Real Estate has sold the Gospa hotel building in Kuressaare, with a total area of over 6,600 square metres. The hotel is located on the attractive Saaremaa island resort, near the harbour, the city park and the picturesque 13th century Bishop’s Castle.The hotel has been sold to a company related to the operator that owns a number of high quality and popular hotels accross the region. East Capital Real Estate has managed and developed the property together with the operator since 2006 on behalf of the East Capital Baltic Property Fund. Georg Ots Spa Hotel opened