Long Harbour said the deal is the latest on behalf of Long Harbour’s €400million European Ground Lease Fund (The Long Harbour Euro Secured Income 1 Fund, LHESIF 1).
The hotel is a U-shaped three-storey hotel building adjacent to Munich’s international airport.
The asset comprises 244 rooms over an area of 9,985sqm, with 122 parking spaces.
This modern building benefits from being recently developed and is therefore compliant with building and environmental controls.