Europe Hotel Transactions Bulletin - Week Ending 7 May 2021
Europe Hotel Transactions Bulletin - Week Ending 7 May 2021 share this article Advertisements Turm am Mailänder Platz hotel development in Stuttgart, Germany from Austrian developer STRABAG Real Estate for €137 million. The forward sale includes 429 rooms across two new-build hotels, collectively €320,000 per room, being a 169-room Adina Aparthotel and a 260-room Premier Inn. The development, which is scheduled to complete in December 2021, is located in Stuttgart's Europa district close to the new main railway station. The acquisition, which will be added to the b...
Source: hospitalitynet.org