EY Real Estate – Hotels & Hospitality Team successfully led the sale of the Le Méridien Hotel in Stuttgart
Union Investment sold the 5-star hotel to a joint venture of HWS Immobilien- und Verm?gensverwaltung GmbH, the family office of the Schommartz family, and MHP Hotel AG, which operates the hotel. The hotel will be modernized in line with ESG standards and long-term positioned in the premium segment.
Le Méridien is located in the immediate vicinity of the Stuttgart Schlossgarten. Aside from the adjacent Stuttgart city center, the main train station and the renowned Staatsgalerie are within walking distance too. Le Méridien Hotel Stuttgart has 293 rooms, a spa area, and a comprehensive F&B and conference offering.
The EY Deal Team was led by Benjamin Ploppa and Miguel Sauter.
Congratulations and a big thank you to Union Investment for the successful transaction from the entire EY Real Estate - Hotels & Hospitality Team!
For more insights about EY Real Estate, Hospitality & Construction services, click here: Immobilien- und Bauwirtschaft | EY - Deutschland
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Business Development at SoftPoint Pay
2 个月Congratulations!!!
Partner - Head of Hospitality presso EY
3 个月Well done!
EY Hospitality Real Estate
3 个月Well done Benjamin and team!!!
Senior Asset Manager at Swiss Life Asset Managers Deutschland
3 个月Congrats Benjamin & Miguel! ????
Partner I Steuerberaterin (Certified Tax Advisor) I EY Real Estate Tax I Tax Learning Lead Germany
3 个月Congratulation to this great deal!