Property Description
Property details:
Station; 5km to city center of Berlin
Built: In 2010
Rooms: abt. 300 rooms created by renown interior designer
Additional facilities: 1 restaurant, 1 bar, 7 conference rooms (for abt. 750 persons), music recording studio, spa and fitness facilities
Parking: Parking garage
Operator: Management contract with international hotel operator
Operating contract: Until 2032 plus option to extend
Yield: abt. 5% p.a.
Opportunity:
– Good location at the river
– Highly modern hotel with special design features all related to the theme
– International, highly reputable hotel operator
– Longstanding and stable cash-flow due to operating contract for another 16 years
– Attractive yield of abt. 5% p.a.
Price / Procedure:
– Purchase price of EUR 85,000,000
– Fee of 2% (plus legally applicable VAT) to be borne by the buyer
– LOI required to obtain further details on the property
