Germany: Dublin-based Dalata Hotel Group has actually obtained the operating leasehold of Hotel Nikko Düsseldorf via an agreement with Art-Invest Real Estate.
The Hotel Nikko Düsseldorf has 393 bedrooms and a number of features, consisting of 2 dining establishments, a bar, a health facility, swimming pool, fitness center, and numerous seminar and meeting facilities. The four-star home has gotten several significant investments in the past few years.
It is located close to Düsseldorf’s Central Business District, Retail Quarter, and the city’s main train station.
Peter Ebertz, head of resorts at Art-Invest, said: “We are very excited to participate in a long-term partnership with Dalata to support our continual initiatives in enhancing the high quality and also positioning of the Nikko Hotel, a true Düsseldorf symbol. Dalata has actually been an exceptional partner as well as we anticipate collectively investing in the residential property.”
Dermot Crowley, Dalata Hotel Group CEO, commented: “This news represents our initial step into Continental Europe and also is an extremely interesting chance as we work towards building our existence in selected European cities. Whilst maintaining our focus on development in the UK, we have actually also been checking out opportunities in Europe that are complementary to our portfolio in the UK as well as Ireland..
” I am particularly delighted to have actually protected our first resort in Germany in such a main area in Düsseldorf. Hotel Nikko Düsseldorf will certainly be an excellent addition to our Dalata profile. An integration group is collaborating with the neighborhood resort team to make certain a smooth transition right into Dalata..
” This is additionally the very first time we have partnered with Art-Invest as well as we are delighted to have actually collaborated successfully with one of Europe’s leading resort capitalists. We both will continue to buy the building to guarantee it retains its placement as one of the leading hotels in the city..
” We are happy to CBRE hotels Germany and Ireland, for their assistance in assisting our access into a brand-new market. We look forward to working with them once again on future possibilities in Europe,” Crowley added.
Sabine Lueftenegger, supervisor at CBRE hotels Germany said: “We are delighted to have helped Dalata on the opening of their first resort in Continental Europe. The Nikko is a landmark hotel in the heart of Dusseldorf and offers an exceptional opportunity for Dalata.”.
Paul Collins, head of hotels, Ireland at CBRE added: “Having been energetic in the UK and also Ireland market for several years, it is unbelievably amazing to see our longstanding customer, Dalata, relocating into the Continental European market. The Nikko is a landmark resort making it an outstanding option for Dalata’s first hotel offering in the area.”.
” I am specifically delighted to have actually safeguarded our initial hotel in Germany in such a main area in Düsseldorf. Hotel Nikko Düsseldorf will certainly be a superb enhancement to our Dalata portfolio.
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