BLP Germany has advised Duxton Capital Advisors, acting on behalf of a family office, on the acquisition of the Capri by Fraser hotel located in the city centre of Leipzig, Germany.

The hotel project was acquired by way of a forward deal from its developer GBI AG and will be built in the north-east of Leipzig’s historical city centre. After completion, scheduled for 2019, the hotel will house guests in 151 four-star serviced apartments.

The hotel targets trend and tech conscious guests, who will have 24-hour access to a gym and restaurant. Capri by Fraser is an international brand of the Singaporean hotel operator Frasers Hospitality which operates 148 hotels in 83 cities worldwide. Frasers Centrepoint is one of the top listed companies on the Singapore Exchange. The hotel is designed by Nalbach + Nalbach Architects.

Duxton Capital Advisors advises institutional investors and family offices on their real estate investments in Germany covering the full life-cycle of those investments. The company is part of the Duxton Group, a private equity house with offices in Singapore, Germany and Australia which has its roots in Deutsche Asset Management. Duxton is a leading globally diversified investment house with a focus on real assets. In addition to its direct investments Duxton Asset Management manages several classic private equity funds.

A BLP-team led by Frankfurt Partner Stephan Krampe advised Duxton on construction, real estate, corporate and tax matters. Team members included  Boris Strauch (Partner in Frankfurt, Construction), Dirk Wiesner (Associate in Berlin, Real Estate and Corporate) and Michaela Penkalla (Associate in Frankfurt, Real Estate).