4-star hotel property with a 20-year operator lease agreement
Company Description
A real estate investment company (GmbH) is for sale; its sole asset is a fully operational hotel property in Saxony-Anhalt.
The property is operated under a long-term operating lease model. The lease agreement was entered into for a fixed term of 20 years and provides for both contractually fixed and indexed lease payments. The current actual annual rent is EUR 580,000.
The property comprises approximately 5,695 m² of gross floor area on a lot of approximately 6,746 m². The hotel is operated by an established operating company with a corporate group background. A letter of comfort or guarantee further secures the ongoing lease payments.
The company does not engage in any hotel operations and serves exclusively for real estate holding purposes. This is a pure portfolio and cash flow investment with no development risk.
The transaction is structured as a share deal.
Additional documents will be provided upon signing a confidentiality agreement.
Industry sector
Production