Union Investment acquisisce il nuovo Hotel “Barceló” ad Amburgo

Union Investment has added another strong brand to its EUR 1.6 billion hotel portfolio in the shape of Barceló Hotels and Resorts. The Hamburg-based real estate investment manager has acquired the Spanish operator’s first hotel in Hamburg for an unspecified price. The 20-year lease makes the 193-room hotel, which opened in March 2012, an attractive investment for inclusion in the open-ended real estate fund UniImmo: Deutschland. The UniImmo: Deutschland portfolio already includes Hamburg hotels belonging to the Marriott and Scandic chains.
Situated on Ferdinandstraße, the hotel benefits from an excellent location near the Binnenalster river, main railway station and Mönckebergstraße shopping area. The four-star Superior hotel aims to attract a balanced mix of business travellers and leisure visitors. The Barceló Hamburg offers 15 suites and 179 rooms ranging in size from 24 to 35 sq m. It also features a restaurant, a 578 sq m conference area, a health spa and 46 parking spaces.
In addition to the transaction in Hamburg, the parties have exchanged contracts for the acquisition of the Barceló Raval in Barcelona by the UniImmo: Europa fund. The deal is scheduled to be completed in March 2013. “Barcelona is one of the most attractive travel and conference destinations in Europe and provides the perfect context for our first hotel investment in Spain,” says Dr. Frank Billand, member of the Management Board of Union Investment Real Estate GmbH, Hamburg.
Barceló is Spain’s third largest hotel operator as well as one of the leading travel companies in the country. Established as a family business in 1931 in Palma de Mallorca, Barceló now operates 142 hotels in 16 countries across Europe, Latin America and the USA.
Fonte: CS di UI