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Europe Hotel Transactions Bulletin - Week Ending 7 May 2021
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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 buyer s open-ended real estate fund
Unilmmo: Deutschland, follows a six month hiatus from the buyer on any new hotel investments on account of coronavirus.
More than 3 in 10 couples declare love for each other within 2 months, study says
People in new relationships often aren t shy about declaring their love. A sizeable 21% of couples even moved in together after two months during the pandemic
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