The European asset management enterprise Amundi Real Estate has acquired two hotel projects in Berlin. The vendor Anschutz Entertainment Group Real Estate will develop the entire district with a volume of EUR 200 million. International law firm Clifford Chance advised Amundi Real Estate on this transaction.
The projects acquired are three-star hotel Hampton by Hilton with 254 rooms and four-star hotel Indigo with 118 rooms. Both hotels, which are to open late in 2018, will be orperated by Austrian real estate agent Tristar on a 20-year lease.
Clifford Chance has advised Amundi Real Estate on several high-profile real estate transactions. The advising team comprised Gerold Jaeger, Dominik Janson, Anja Roth, Marisol Peláez Romero (Real Estate), Uwe Schimmelschmidt, Cord of Mandelsloh, Dominik Thomer and Philipp Weiten (Tax) as well as Sandra Thiel (Corporate).