Press Releases

Renowned Hotel in Hamburg successfully sold through Christie + Co

30 January 2007

The Maritim Hotel Reichshof has been sold through Christie + Co to the Blackstone Group.

The transaction was made possible by the co-operation of the German investment company which was authorised as trustee by the former proprietor.

The 303-bedroom hotel, with its beautiful Art Nouveau façade, is situated in the heart of Hamburg opposite the main railway station. Its excellent reputation and long-standing tradition for quality attracts an enviable number of guests each year.

Christie + Co, Germany’s property expert for small and medium-sized hotels, is increasingly becoming the preferred business agent to the corporate hotel market. Markus Beike, Managing Director of Christie + Co Germany comments: “Our rapid growth and presence in four of the key commercial centres in Germany, has considerably improved our reputation and market share within the corporate hotel sector. This development, coupled with a number of recent successes in major corporate transactions, has set the foundation for further expansion into the German-speaking market.”

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For further information on this press release, please contact: Markus Beike at Christie + Co. Tel: +49 (0) 69 90 74 57 0. markus.beike@christie.com

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