News & Stories

Geneva. Since the 1980s, residences with a hotel brand on the roof have been selling much better than without. The typical branded residence project is asset light. The supply has been growing significantly for years. While luxury has been the dominant trend so far, the market is facing extensive segmentation, especially towards the midscale segment, as well as in Europe and in holiday destinations.

Berlin. Living, especially funded living, has overtaken hotel projects in the pandemic. Nevertheless, the largest German hotel project developer to date, GBI AG, intends to remain loyal to the hospitality sector – amongst other things, with attractive duo or trio projects. Hotels and the other asset classes are keeping the balance in the portfolio for now. GBI's own apartment brands are the most successful assets without restrictions. However, the GBI will break new ground with senior living products soon. Reiner Nittka, Chairman of the Executive Board of GBI Holding AG, talks in detail about the changes on account of corona – in the business and in the market.

Munich. The City of Munich wants to attract more private investors for the accommodation of homeless people. For this purpose, the funding guidelines for flexi homes are to be adapted. The focus is also on vacant hotels.

Frankfurt/Main. The German hotel investment market was much more lively at the end of the year 2021 than in the first three quarters. Larger transactions, but also a plethora of individual deals drove the action, especially in Berlin - until Omicron delayed everything.

Berlin/Hamburg. Climate protection, sustainability and ESG have become indispensable in the real estate industry. Not surprising, since the building sector is responsible for almost 40% of CO2 emissions in the EU. Steering tool is to be financing. As of January 1, 2022, the EU taxonomy will apply for the first time.

Hamburg. In the real estate world, existing properties in particular will help shape the path to climate neutrality. A brand-new study says: Around half of these so-called transformation properties in Germany will be implemented as mixed use. Gastronomy plays a role in this.

Hamburg/Lochau. Since the beginning of November, a fierce legal battle has been going on between the Hamburg hotel operator RIMC and the owner of the Seehotel am Kaiserstrand in Lochau am Vorarlberg, Austria. Obviously, it is "only" about wanting to sell an attractive property without an operator. The whole procedure does not cast a good light on the owner at the moment.

Metz. While the European hotel industry was still heavily impacted by the continuing pandemic during the first half of 2021, signs have been pointing to recovery since summer. This is also felt by one of Europe's largest hotel owners, Covivio Hotels, with a portfolio of 333 hotels and 45,768 rooms.

Frankfurt/Main. The investment volume on the German hotel real estate market is still clearly behind the boom years in the third quarter of 2021. However, distress sales are largely absent, prices are rather stable and experts are forecasting a further upswing.

Munich. Demolish or build new? This is no longer decided by the builder, but by the economic cycle of the building. The main drivers for sustainable construction are the people/customers, not the investors. Authorities and banks have also not yet got used to 'building for the future'. This relies on digital tools for more efficient planning and cost savings. Practical experience - just in time for Expo Real 2021.