Questo articolo è tradotto automaticamente.
Invesco Real Estate, the global real estate investment division of Invesco Ltd. (NYSE: IVZ), has acquired the 412-room IntercityHotel Berlin Hauptbahnhof in Berlin Mitte for an institutional portfolio that manages Universal Investment Group's Luxembourg fund service platform for a German single-mandate client of Invesco. The seller of the hotel is CA Immo.
Berlin is experiencing a sharp increase in tourist flows and we are seeing a very high long-term demand for prime properties such as this market-leading hotel in the centre of the German capital.
The IntercityHotel Berlin Hauptbahnhof, developed by CA Immo and completed in 2013, was the first hotel building in Germany to be certified platinum with the certificate of the German Sustainable Building Council (DGNB). The approx. 23,400 m² hotel is located on Katharina-Paulus-Straße in Berlin's Europacity near the main train station and offers ten conference rooms as well as 374 m² of retail/office space on the ground floor. The hotel is fully let to IntercityHotel GmbH, a subsidiary of Steigenberger Hotels GmbH.
This transaction is the second acquisition of a European hotel for this German single-mandate client. In total, this broadly diversified mandate with a total volume of almost EUR 1 billion now comprises 15 properties from the office, retail, hotel and residential sectors in ten European countries.
Invesco Real Estate has an 18-year track record with equity investments of more than €2 billion in the hotel sector. Invesco Real Estate currently manages 26 hotel investments under 16 brands in seven countries. Through an active asset management strategy, working closely with leading hospitality companies and focusing on world-class hotels in major European cities, the team has consistently created long-term value.
Tina Kroll, Director, Co-Head of Transactions Germany, Austria & The Netherlands at Invesco Real Estate, said: "Berlin is experiencing a strong increase in tourist flows and we are seeing a very high long-term demand for prime properties such as this market-leading hotel in the centre of the German capital. Our goal is and remains to identify and invest in high-quality properties that meet our strict criteria and meet the needs of our customers."
Roman Robakowski, Director, Fund Management at Invesco Real Estate, said: "This latest acquisition underlines the close relationship with this German single-mandate client as well as the enormous resources with which Invesco Real Estate can support its clients in building tailor-made real estate investment portfolios. We are very proud that we have succeeded in acquiring the IntercityHotel Berlin Hauptbahnhof for this portfolio. The property fits very well into the portfolio's sector and country allocation and we believe it can generate an attractive income yield for our client."
Patrik Hug, Director, Alternative Investments at Invesco Real Estate, added: "We are pleased to announce our team's third hotel transaction in Europe within the last four months. We appreciate the Berlin hotel market for its continuing recreational potential and the IntercityHotel Berlin Hauptbahnhof above all for its prime location. As such, this acquisition underscores our continued commitment to identifying and securing high-quality hotel properties for our clients. Our goal is to maximize the value of the property. We are pleased to be working with the tenant Intercity again on this."
On the seller side, Keegan Viscius, CEO of CA Immo, commented: "With the successful sale of IntercityHotel Berlin Hauptbahnhof, we are further advancing the strategic focus of our portfolio on high-quality office properties in central locations in our core markets. We reinvest the proceeds from divestitures like this into our organic development pipeline to generate higher returns, meet the company's ongoing liquidity needs or selectively make external investments when attractive opportunities arise."
Invesco Real Estate was advised on this transaction by Graf von Westphalen (lead), Eversheds & Sutherland and CMS. The financing partner is DZ HYP (advised by GSK Stockmann). CA Immo was advised on this transaction by P+P Pöllath + Partners Rechtsanwälte & Steuerberater and Eastdil Secured.
####
Learn more
Pictorial material
Images of the IntercityHotel can be downloaded from the image archive in the press area under www.caimmo.com via this link .
CA Immobilien Anlagen AG
Mag. Susanne Steinböck
Group Head of Corporate Communications and Sustainability
Mechelgasse 1, 1030 Vienna
Tel. +43 (1) 532 59 07 533 or +43 (664) 5156518 / Susanne.Steinboeck@caimmo.com
Invesco Real Estate
Hugh Fasken, Citigate Dewe Rogerson
+44 (0) 7986 950 489 / hugh.fasken@cdrconsultancy.com
####
About Invesco Ltd.
Invesco Ltd (Ticker NYSE: IVZ) is a global, independent investment management company dedicated to helping people get more out of their lives. With offices in more than 20 countries, our investment teams offer a full range of active, passive and alternative investment opportunities. As of December 31, 2024, Invesco had EUR 1.8 trillion in assets under management for clients worldwide. For more information, visit www.invesco.com/corporate.
About Invesco Private Markets
Invesco has global expertise and extensive resources in the private markets space. With our global investment platform and $135 billion in real estate and private credit assets under management, we offer our investors both scale and deep expertise with over 600 investment professionals in 16 countries and over 40 years of innovative experience as of December 31, 2024.
About Invesco Real Estate
Invesco Real Estate is one of the world's leading real estate investment firms with €78.8 billion in assets under management, 606 employees and 21 regional offices in the US, Europe and Asia. For over 40 years, Invesco Real Estate has been actively investing across the risk/reward spectrum in direct real estate strategies such as core, debt, value-add and opportunistic, as well as in listed real estate assets for over 450 institutional clients. Invesco Real Estate employs over 191 people in Europe in eight offices in London, Munich, Milan, Madrid, Paris, Prague, Luxembourg and Warsaw. Invesco Real Estate manages 205 properties in 14 European countries with assets of EUR 15.8 billion. The team has a wealth of experience across all three commercial sectors, as well as hotels and residential properties. As of September 30, 2024.
About CA Immo
CA Immo is an investor, manager and developer specialising in modern office properties in the metropolises of Germany, Austria and Central Europe. The company covers the entire value chain in the commercial real estate sector and has a high level of in-house construction expertise. CA Immo was founded in 1987, is listed on the ATX of the Vienna Stock Exchange and owns real estate assets of around € 5.0 billion in Germany, Austria and CEE.
About Universal Investment
About Universal Investment Universal Investment Group is one of the leading fund service platforms and Super ManCos in Europe with around EUR 1,187 billion in assets under management, around 5,000 fund and investment mandates and around 1,800 employees in offices in Frankfurt am Main, Luxembourg, Dublin, London, Paris, Stockholm and Krakow. Founded in 1968, the company is an independent platform for asset managers and institutional investors, providing structuring and management solutions as well as risk management for securities, real estate and alternative investments. Universal Investment is a signatory to the UN Principles for Responsible Investment. (As of January 2025)
####
This press release is intended for use only by trade media in Germany, Austria and Switzerland. Please do not spread the word.
Risk Disclosures
The value of investments and any income will fluctuate (this may be due in part to exchange rate fluctuations), and investors may not get back the full amount invested. Land and real estate can be difficult to sell, so investors may not be able to sell such investments if they wish. The value of real estate is generally a matter of the opinion of an independent appraiser and may not be realized.
Important information
This press release is intended for the trade press only. This document is for information purposes only. Views and opinions are based on current market conditions and are subject to change.
Data as of March 11, unless otherwise noted.
This document is marketing material and is not intended as a recommendation to buy or sell any particular asset class, security or strategy. Regulatory requirements requiring impartiality of investment/investment strategy recommendations are therefore not applicable, nor are prohibitions on trading before publication.
This document is published in Austria, Germany and Switzerland by:
EMEA 4348345/2025
