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UBM sells new Hyatt Regency Hotel to Aedes Real Estate

UBM has closed another hotel transaction. The developer has sold the new Hyatt Regency Hotel in the City of Amsterdam to joint-venture partner Aedes Real Estate.
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Aedes Real Estate

The construction of a new luxury hotel in the centre of Amsterdam began in 2014. The five-star hotel was designed by the Amsterdam architects Frits van Dongen and Patrick Koschuch. The 211-room hotel has 38 garaged parking spaces – unusual for the centre of Amsterdam. Parts of the earlier facade were retained to preserve the flair in the historic city centre. The historic features now lend an exceptional architectural touch to the hotel. The Amsterdam-based creative agency Concrecte is responsible for interior design.

With the Hyatt Regency, UBM is not only developing a high class five-star hotel, but also the city’s most sustainable hotel. In 2015 the hotel development received a BREEAM Excellent certificate in advance, which was awarded only once in the entire Netherlands. The project is setting new standards in Amsterdam with regard to state-of-the-art energy management systems, farsightedness and environmental compatibility.