INTERNOS Global Investors (INTERNOS), the pan-European, owner-run real estate fund manager has acquired the Mercure Hotel in the centre of Hannover for INTERNOS Hotel Immobilien Spezialfonds (INTERNOS Hotel Special Fund). King & Wood Mallesons’ (KWM) hotel team advised INTERNOS Hotel Special Fund on the transaction.

The seller was a fund managed by E&P Real Estate GmbH & Co. KG, based in Cologne, Germany. The hotel is leased on a long term basis to the ACCOR Hotel group. 

The INTERNOS Hotel Special Fund was founded in 2012 and primarily invests in 3-4 star hotels in Germany, France, Austria and the Netherlands.

The KWM team advises several notable hotel funds and investors, not only in Germany, but worldwide. They have maintained a longstanding relationship with INTERNOS, most recently advising them on the acquisition of the Triforum in Cologne, Germany: a building complex comprised of office spaces and the ParkInn Hotel City West.

Advisors KWM:

King & Wood Mallesons, Munich

Real Estate:
Lars Reubekeul (partner), Florian Biesalski (transaction lead, counsel)

Banking- and Finance:
Wolfgang von Schönborn (partner), Hilger von Livonius (partner), Philipp Riedl (counsel)

Tax:
Michael Kreft (partner), Carolin Gottschling (managing associate)