Long Harbour acquires the freehold interest in a Hampton Munich hotel
Long Harbour acquires the freehold interest in a Hampton Munich hotel
  Private Equity  |  Hotels  |  Europe

Long Harbour acquires the freehold interest in a Hampton Munich hotel

The asset comprises 244 rooms over an area of 9,985sqm, with 122 parking spaces.
RE+D magazine
07.09.2021

Long Harbour has completed a further ground lease transaction in Germany with the acquisition of the freehold interest in a Hampton by Hilton Munich airport hotel for €14 million.

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.