Portfolio of 4 Hotels in Germany

On the instruction of Queens Hotels Deutschland, Christie + Co sold a portfolio of four Hotels with a total of 480 bedrooms to an Israeli hotel chain. The hotels are situated in Cologne, Dusseldorf and Kassel. They are operated under the brands Four Points and Best Western.

Treff Hansa Hotel in Mettmann (near Dusseldorf)

Christie + Co successfully sold the Airlines Hotel Hamburg to Fattal Hotels. The 3-star superior hotel is situated in a perfect location near the airport in Hamburg.

Airlines Hotel Hamburg

Christie + Co successfully sold the Airlines Hotel Hamburg to Fattal Hotels. The 3-star superior hotel is situated in a perfect location near the airport in Hamburg.

Mercure Hotel in Remscheid (near Dusseldorf)

Acting on the instructions of Falk Fonds 66, Christie + Co sold the Mercure Hotels Hanover and Berlin–Hennigsdorf, which total 370 bedrooms. The property in Hanover also includes 6,000sqm of office space. The hotels are currently run under franchise.

Mercure Hotels Hanover and Berlin–Hennigsdorf

On the instruction of the owner, Christie + Co sold the Mercure Hotel in Remscheid (near Dusseldorf) to a Danish investor. The hotel, which contains 116 bedrooms is run under the Mercure brand with a long-term lease contract with New Gen Hotels AG.

Ibis Hotel in Berlin

On the instruction of a hotel chain, Christie + Co sold this 116-bedroom hotel to an international hotel association. The hotel is operated under the Accor franchise brand Ibis.

70-bedroom hotel in Berlin

On the instruction of a medium-sized hotel chain, Christie + Co sold a comfort hotel with 70 bedrooms in Berlin City-West to an Israeli Investor. The B&B hotel is near the Berlin airport Tegel.

Ibis Gelsenkirchen

On the exclusive instruction of Harpen Immobilien GmbH & Co. KG, Christie + Co sold this 104-bedroom-hotel to an international hotel corporation. The hotel is operated under the Accor franchise brand Ibis.

Christie + Co succeeded in generating multiple offers for the acquisition of this property, including a financing guarantee by the bank. The hotel was sold to the highest bidder.

Ramada Hotel in Groß-Gerau/near Frankfurt

In close cooperation with HmcS Christie + Co effected the sale of this NPL hotel in the course of only a few months. Our service included the structuring of the transaction as well as brokerage, control and mediation of the deal.

Mercure Hotel in Dreieich/near Frankfurt

Christie + Co acted exclusively for an owner’s association to sell the 100-bedroom Mercure Hotel in Dreieich, close to Frankfurt. We were required to secure the approval of all 80 owners before concluding the sale to a British hotel company. The hotel continues to be operated under Accor’s Mercure brand.

4-Star-Hotel in Lower Saxony

The 4-star hotel with an international brand and 90 bedrooms was leased to a medium-sized hotel chain by Christie + Co.

Feasibility Studies of hotels in Romania and Bulgaria

On the instruction of an international development company, Christie + Co accomplished a feasibility study for three hotels in Romania and Bulgaria. The focus lay on review and assessment of the locations, in particular their suitability for the development of premium products as well as an estimate of the economic potential.

RICS-compliant valuation of several hotels in Germany and Switzerland

On the instruction of an Israeli Investor, Christie + Co valued several hotels in Germany and Switzerland based on the international standards (RICS-compliant) for an acquisition decision and financing.

RICS-compliant valuation of a hotel in North Rhine-Westphalia

On behalf of a major international investment bank, Christie + Co carried out a RICS-compliant valuation of a chain-affiliated high-end hotel in Greater Dusseldorf. After acquiring the property by an international private equity firm, the valuation was prepared for finance purposes.

Feasibility Study of a hotel project in North Rhine-Westphalia

Instructed by a local credit institution, Christie + Co carried out a feasibility study of a planned hotel in North Rhine-Westphalia.The objective of the consultancy appointment was the audit of the general location applicability for a hotel development, the definition of a suitable product as well as the determination of the economic potential of a hotel at this location for deducing a market-driven rent.

Sales price valuation of a hotel in the Harz region

On the instruction of the owner Christie + Co expressed their opinion on the sales price of the private-affiliated five-star hotel in the German Harz region. The hotel comprises more than 50 bedrooms as well as extensive catering facilities and a spa area.

Leonardo Hotel in Nuremberg

On behalf of the owners` association, Christie + Co sold the 100-bedroom Leonardo hotel, situated in the city center of Nuremberg, to an Israeli Investor.

Hotel Graf Moltke in Hamburg

On the instructions of the long-term operator of the hotel Graf Moltke, Christie + Co found a new lessee for this 100-bedroom hotel in close vicinity to the main railway station. The hotelier family runs further hotels in the hanseatic city.

Holiday Inn Hotels in New-Isenburg (near Frankfurt) and Essen (Ruhr area)

On the exclusive instruction of Zech Hotels Holding GmbH, Christie + Co sold both business hotels with 164 and 168 bedrooms, to LB Immo Invest. These hotels are operated by the SWS Hotelbetriebsgesellschaft GmbH within the scope of a long-term lease agreement. Moreover, both hotels are run under the Holiday Inn brand with a long-term franchise contract.

Conference hotel in Hamburg

On the instruction of an internationally operating hotel chain, Christie + Co sold a 140-bedroom hotel with a conference area within the scope of a structured bidding process to an Israeli Investor. With its effective marketing strategy, Christie + Co were able to exceed the original asking price significantly.

Mercure hotel in Ratingen

The 118-bedroom hotel was acquired by a Danish investment fund. Christie + Co supported the former owner with the property transaction. The seller is a private developer from North Rhine-Westphalia. The hotel is under a long-term lease.

Business hotel Dresden

On behalf of a NPL servicer, Christie + Co brokered the sale of a hotel on the outskirts of Dresden within the scope of a compulsory auction to an Israeli investor.

Feasibility study of several hotel locations in Germany and Austria

On the instruction of a major German development company, Christie + Co analysed several locations, amongst others in Munich, Hamburg, Berlin, Dresden and Vienna, in view of a feasible hotel development. The objective of the appointment was the review of the location and the hotel market, the definition of a suitable product as well as the determination of the cash flow for deducing a market-driven rent.

Valuation of sales price for re-financing

Within the scope of a re-financing project regarding a hotel portfolio transaction, Christie + Co acted as advisor of Citygroup. In a similar case, Christie + Co accomplished a valuation for The Royal Bank of Scotland.

Support at the Due-Diligence for Non-Performing-loan-transactions

The Christie + Co advisory team was involved in all important NPL-transactions in the recent past on the purchase side. With the help of our market knowledge, we supported private equity funds with their due diligence.

Valuation of the purchase price of a holiday resort and congress hotel on the Baltic Sea

On the instruction of a potential investor, Christie + Co defined a market-driven asking price for a large holiday resort and congress hotel. The analysis was arranged in two phases. Phase 1 included a first indication of the purchase price within the scope of a desktop-analysis. The obtained findings were refined in the second phase within the scope of a field analysis.

Residenz Hotel Oberhausen

Christie + Co sold this hotel on the instruction of the construction and multi service group Bilfinger + Berger within only 4 months to a local hotelier. The hotel which comprises 104 bedrooms is located in the city centre of Oberhausen in the Ruhr area.

Maritim Hotel Reichshof in Hamburg

Christie + Co sold this renowned hotel on the instruction of a German investment company to the UK based Blackstone Group. The traditional hotel with 303 bedrooms and an Art Nouveau façade was sold in the course of a competitive bidding within 7 months. The asking price was beyond the seller’s expectations.

Portfolio of 8 Accor Hotels in Germany

On the instruction of Accor Germany, Christie + Co sold a portfolio of 8 hotels throughout Germany comprising a total of 780 bedrooms. The buyer is an Israeli investor who will operate the hotels under Accor franchise brands. The transaction, which was realised in the course of only 5 months, was finalised through Christie + Co’s ability to generate numerous offers by implementing a competitive bidding situation.

Former Le Méridien Hotel near Hanover

On the instruction of the British Starman UK Services Company Limited, Christie + Co sold this 4 star superior hotel to the Dutch hotel chain Van der Valk Beheer B.V. The hotel comprises 111 bedrooms and is located in the heart of Hildesheim close to Hanover.

Best Western Queens Hotels in Velbert and Pforzheim

On the instruction of Queens Gruppe Deutschland, Christie + Co sold these properties to a closed-end property fund and a private investor. Both transactions were finalised comparatively quickly, taking 4 and 6 months from instruction until completion.

Former Mercure Hotel in Korntal-Münchingen

In the course of only 6 months, Christie + Co sold this hotel on behalf of an owners’ association including Accor. The buyer, a Swiss investor, is going to renovate and re-build the property. The hotel is now operated under the Abacco brand.

Former Novotel in Offenbach/close to Frankfurt

On the instructions of a German investment company, Christie + Co found a new lessee who now operates the 130-bedroom hotel under the Best Western Macrander brand. It took 5 months from instruction until the deal was closed.

Former Ibis Hotel in Wiesbaden/near Frankfurt

Instructed by the German investment company of HypoVereinsbank, Christie + Co found a new lessee for this 150-bedroom hotel within only 4 months. The hotel was now re-built according to the new lessee’s requirements and turned into the first budget design hotel in Wiesbaden.

Former Amadeus Hotel in Neufahrn/at Munich Airport

Instructed by EUROHYPO, it took Christie + Co only 3 months to find a new lessee for this 130-bedroom hotel at Munich Airport. The hotel is now operated by Achat.

Former Scandic Hotel in Offenbach/close to Frankfurt

Christie + Co mediated the leasehold deal of this 255-bedroom hotel on behalf of the owners’ association. The new lessee, the Dutch hotel group Golden Tulip, operates the hotel under the Golden Tulip brand, the company’s only hotel with this brand within the bounds of a lease contract in Germany.

Leisure Resort in the Black Forest

Christie + Co expressed their opinion on the sales price of this hotel.

Conference and business hotel in Bavaria

Our advisory and valuations team were instructed to advance their opinion on the sales price and to carry out a scenario analysis.

Congress and leisure hotel at the Baltic Sea

Christie + Co expressed their opinion on the sales price of this hotel.

Spa resort project Baden-Baden

Christie + Co carried out a best use analysis for this high-end spa resort.

Leisure resort Baltic Sea

Christie + Co carried out a feasibility study for the planned extension of an existing leisure resort.

Four star hotel project Vienna, Austria

Christie + Co carried out a feasibility study for the planned four star hotel.

Four star hotel project Hamburg

Christie + Co carried out a feasibility study for the planned four star hotel.

Four star hotel project Dresden

Christie + Co carried out a feasibility study for the planned four star hotel.

Hotel project Berlin

Christie + Co carried out a location and market screening for the planned hotel.

Two chain-affiliated hotels in Baden Württemberg

Christie + Co carried out a location and market screening for these hotels.

Leisure resort close to Berlin

Christie + Co carried out a valuation of this leisure resort including a planned extension by various components.

Business hotel Dusseldorf

Christie + Co carried out a valuation of this hotel.

Various hotels and restaurants in Germany

Christie + Co carried out several valuations of 12 medium-sized hotels and restaurants throughout Germany.

Various hotel portfolios in Germany

Christie + Co carried out RICS-compliant valuations of several portfolios of chiefly chain-affiliated hotels.