A abstract of European resort transactions supplied by HVS

Remake acquires 4 B&B Resorts in Poland from Covivio

French actual property investor Remake Asset Administration, on behalf of the SCPI Remake Dwell fund, has acquired a portfolio of 4 inns (553 rooms) in Poland, all being two-star B&B-branded properties, from French actual property investor Covivio, for PLN 142.5 million (PLN 257,700 per room), which is equal to €33.5 million (€60,600 per room). The portfolio contains the 154-room B&B Lodge Warszawa-Okęcie, situated a ten-minute drive from Warsaw’s Chopin Airport; the 130-room B&B Lodge Kraków Centrum, located a five-minute drive from Kraków’s Outdated City; the 149-room B&B Lodge Łódź Centrum, a ten-minute drive from the central practice station; and the 120-room B&B Lodge Lublin Centrum, a three-minute drive from Plac Litewski sq.. All inns are leased on a long-term foundation to French resort group B&B Resorts. 

FBD Resorts & Resorts acquires Grand Lodge Malahide in Eire from Ryan household

Irish owner-operator FBD Resorts & Resorts, a subsidiary of Irish holding firm Farmer Enterprise Developments, has entered an settlement to amass the four-star, 202-room Grand Lodge Malahide in County Dublin, Eire, from the Ryan household, for €55 million (€272,300 per room). The property is located in Malahide, 20 kms north of Dublin and a 15-minute drive from Dublin Airport. The resort features a restaurant, two bars and assembly services. Following the acquisition, FBD plans to refurbish the bedrooms, bar and eating services, convention and marriage ceremony areas, leisure facilities and IT programs. This transaction will develop FBD’s portfolio in Eire to 5 inns. 

AX Companions acquires Sir Joan Lodge on Ibiza, Spain

Spanish personal fairness actual property investor AX Companions has acquired the five-star, 38-room Sir Joan Lodge on Ibiza, Spain. The customer intends to renovate the resort and rework it into the primary NH Assortment Resorts & Resorts property within the Balearic Islands, which is anticipated to result in a revaluation of €28 million (€736,800 per room). The property is located on the northern facet of Ibiza’s Marina, round ten-minutes stroll from Ibiza Outdated City, and a few 10 kms from Ibiza Airport. It opened in 2017 and contains two eating places, a bar and a pool. AX Companions additionally plans to amass a brand new resort on the Costa Brava within the coming months.  

LondonMetric acquires Premier Inn Thurrock West resort within the UK

British REIT LondonMetric Property has acquired the three-star, 193-room Premier Inn Thurrock West resort in Thurrock, UK, for £14.7 million (£76,200 per room). The property contains one restaurant and is located by the M25 motorway, some 30 kms east of central London. The resort is let to Premier Inn for one more ten years, with RPI-linked hire critiques. 

Surya Resorts acquires former Birch Cheshunt resort within the UK

British owner-operator Surya Resorts has acquired the previous four-star, 140-room Birch Cheshunt resort in Cheshunt, UK, out of administration and off a information value of £12.5 million (£89,300 per room). The property is located on the Theobalds Park Property, some 30 kms north of central London. The resort, which opened as Birch Cheshunt in 2020, contains two eating places, a bar and assembly rooms. Surya Resorts now plans to refurbish the property beneath its personal branding. Following this transaction, Surya’s portfolio includes 11 boutique inns throughout the UK. 

First and Highstreet sells two “Niu” Vacation Inns in Germany to household places of work

A three way partnership between German actual property builders First Immobiliengesellschaft and Highstreet Group has offered two inns within the southern German state of Bavaria, the 258-room Vacation Inn – the Niu, Sparrow Regensburg, an IHG Lodge to an Austrian household workplace; and the 276-room Vacation Inn – the Niu, Brass Munich Olympiapark, an IHG Lodge, to a German household workplace. Each properties have been developed by the JV. The Niu Sparrow is located in central Regensburg, 1.5 kilometres from the central practice station, features a restaurant, bar and 58 underground parking areas, and is at present managed by German operator Novum Hospitality. The Niu Brass is located in northern Munich, inside strolling distance of Olympiapark, and contains a restaurant, bar and 108 underground parking areas. 

Centralis acquires Sternhotel Bonn from Sternhotel Haupt and Lodge Stadt München

Hamburg-based actual property investor Centralis Immobilien has acquired two inns in Germany – the four-star, 80-room ACHAT Sternhotel Bonn from German resort proprietor Sternhotel Haupt GmbH & Co. KG, in addition to the four-star, 92-room Lodge Stadt München in Düsseldorf. The Sternhotel is located on town’s market sq., adjoining to town corridor, and features a restaurant and a convention room. Centralis plans to improve services and make the property ESG-compliant. Lodge Stadt München is located in central Düsseldorf, some six minutes stroll from the central practice station. Centralis goals to transform the resort into 98 serviced flats. Following its repositioning, the property shall be leased long-term to the Munich-based house operator Limehome. 

AccorInvest acquires two Ibis inns in Hamburg from Württembergische

French owner-operator AccorInvest has acquired the three-star, 252-room ibis Hamburg Metropolis and the one-star, 196-room Ibis price range Hamburg Metropolis in Germany, from German life insurance coverage firm Württembergische Lebensversicherung. Each inns are located in the identical constructing in central Hamburg, simply 700 metres from the central practice station. In-built 2014, the ibis price range Hamburg Metropolis features a breakfast restaurant, whereas the ibis Hamburg Metropolis features a breakfast restaurant and bar. AccorInvest will proceed working each inns. 

Ginto Resorts Group acquires Hôtel Vendôme Good and Hôtel Aria in Good, France

French owner-operator Ginto Resorts Group has acquired the three-star, 56-room Hôtel Vendôme Good and the three-star, 30-room Hôtel Aria in Good, France. The Hôtel Vendôme Good is located in central Good, only a ten-minute stroll from the Promenade des Anglais, whereas the Hôtel Aria is situated additional west, five-minutes stroll from the central practice station. In November 2024, Ginto, along with France’s LVMH Arnaud household, acquired the four-star, 53-room Hôtel Pilgrim Paris – Quartier Latin, as reported on this publication.  

Martin Property Group acquires former Virgin Lodge Glasgow in Scotland

Irish actual property investor Martin Property Group has acquired the previous five-star, 240-room (out of which 165 are accomplished) Virgin Lodge Glasgow in Scotland, out of administration. The resort opened in August 2023 and closed in December 2023 when its homeowners, Lloyds Developments Restricted, fell into administration. The property is located in central Glasgow by the River Clyde. It features a restaurant, two bars and assembly services. That is the second resort within the new proprietor’s portfolio, the primary being the four-star, 94-room Leonardo Lodge situated in Chester, UK.  

Castello Sgr acquires former Lodge dei Borgia in Rome, Italy

Italian asset supervisor Castello Sgr, via its closed-end actual property fund Borgia Fund, has acquired the previous four-star, 80-room Lodge dei Borgia in Rome, Italy. The property is located in central Rome, one km north of the Colosseum and halfway between the Trevi Fountain and the Termini practice station. The resort features a breakfast room, bar, two assembly rooms and a wellness space. The property shall be operated by Berlin-based Leonardo Resorts Central Europe beneath the Leonardo Boutique Resorts model and renamed to Leonardo Boutique Lodge Rome Monti.  

Extendam JV acquires Novotel Saint-Quentin-en-Yvelines

French buyers Extendam and Bpifrance, together with owner-operator Atypio Lodge Group, have acquired the four-star, 131-room Novotel Saint-Quentin-en-Yvelines. The property is located on the location of the Golf Nationwide, 10 kms south west of Versailles. The resort features a restaurant, membership home, bar and assembly services. The purchasers are planning refurbishments for the resort’s rooms, widespread areas, F&B retailers and assembly services.  

Bordeaux resort group acquires Vacation Inn Specific Bordeaux from Extendam JV

A Bordeaux-based resort group has acquired the three-star, 82-room Vacation Inn Specific Bordeaux – Lormont, in France, from French buyers Extendam and Anaxago Capital and French resort operator Redman Hospitality. The property is located on the best financial institution of the Garonne River, northeast of Bordeaux. The resort opened in 2019 and features a cafe and bar. This property was a part of a three-hotel portfolio in Bordeaux that the JV acquired in November 2022.  

Atream acquires Ibis price range Muenchen Ost Messe in Germany from HIH Make investments

A closed-end fund of the French funding supervisor Atream has acquired the three-star, 150-room Ibis price range Muenchen Ost Messe in Munich, Germany, from German funding supervisor HIH Make investments Actual Property GmbH. The resort is located in japanese Munich, some five-minutes drive from town’s exhibition centre. The property was inbuilt 2007 and features a restaurant and 84 parking areas. Its rooms, corridors, and foyer have all been renovated since 2019. The resort is leased to AccorInvest Germany and operates beneath the Ibis price range model. 

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