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This turn-key hotel development will be finished in 2008. It is located in the centre of Berlin close to the train station "Zoologischer Garten". The hotel will comprise 219 rooms with an average floor area of 19 sqm. The conference area will be located on the ground floor and will have a floor area of approximately 200 sqm.
We decided to offer this hotel development as a three-star – superior hotel. It contains 219 rooms, a conference area with approximately 200 square metres and 46 underground car parking spaces as well as 20 outside car parking spaces .
We offer you to purchase this hotel development for € 24.900.000,00.
Actually we just want to sign a treaty with a tenant-company, which will lease the hotel for 20 years.
The yield on investment will be 6.50 .
The completion of the hotel will be in February 2009.
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