Cookie Error:

Cookies deactivated. To use all functions on this portal, for example the login, Cookies must be activated. Please activate Cookies in your browser settings.

    Print Print 

Commerz Real buys two hotels in Mannheim from developer GBI AG

Commerz Real has acquired two hotels under construction in Mannheim for its open-ended real estate fund hausInvest from the project developer GBI AG. The properties in question are a 4 star business hotel for the NH Group with 225 rooms and a budget hotel for the Novum Hotel Group with 168 rooms. Both hotels are located on Seckenheimer Straße, in close proximity to the central railway station and to Mannheim city centre, and also have favourable connections to the city's main arterial roads. Completion is planned for the end of 2018.„Mannheim is at the heart of the Rhine-Neckar metropolitan region, one of the strongest economic areas in Europe, and is increasingly attracting business travellers and tourists,“ explains Andreas Muschter,...[…]