Main office Wiesbaden

Friedrichstraße 25
65185 Wiesbaden

Tel.: +49 611 7105-0

Fax: +49 611 7105-5410


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15.01.2020

Commerz Real: Growth accelerated in 2019

In 2019 Commerz Real was able to further accelerate the growth it has now been experiencing for four years. As the asset manager for real asset investments in the Commerzbank Group announced, the assets under management as of 31 December 2019 amounted to some 32 billion euros.

Read more

Main office Wiesbaden

Friedrichstraße 25
65185 Wiesbaden

Tel.: +49 611 7105-0

Fax: +49 611 7105-5410


Social Media

Search

Social Media

Dear visitor,
we are glad about your interest in our company.

15.01.2020

Commerz Real: Growth accelerated in 2019

In 2019 Commerz Real was able to further accelerate the growth it has now been experiencing for four years. As the asset manager for real asset investments in the Commerzbank Group announced, the assets under management as of 31 December 2019 amounted to some 32 billion euros.

Read more

Press release

Commerz Real sells two hotels in London to Accor spv

Commerz Real has sold two hotels, at 46-47 Blackfriars Road, London, to a special-purpose vehicle of Accor HotelInvest UK Limited. Both properties – a four-star Novotel with 182 rooms and a two-star Ibis with 297 rooms – have been operated by Accor since they opened. It was agreed that confidentiality be maintained on the purchase price. Commerz Real acquired the development in 2010 for Hausinvest, its open-ended real estate fund.

Blackfriars Road is located in Southwark, south of the Thames. This borough has seen significant improvements in recent years, including the construction of The Shard, the tallest building in the UK, and the addition of a large number of tourist and cultural attractions. “These positive developments helped us secure an extremely attractive profit for our investors,” states Dirk Schuldes, Global Head of Hospitality at Commerz Real.

Norton Rose Fulbright provided Commerz Real with legal advice for this transaction.

Pressemitteilung | Verkauf von zwei Hotels in London an Accor Zweckgesellschaft

CR_hausinvest_Blackfriars_Road_Verkauf_PM.pdf