Main office Wiesbaden

Friedrichstraße 25
65185 Wiesbaden

Tel.: +49 611 7105-0

Fax: +49 611 7105-5410


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02.12.2019

Commerz Real acquires 20 per cent stake in 10 Kaufhof department stores from Signa

Commerz Real has taken up a stake of 20 per cent in a package of 10 Kaufhof department stores with the intention of developing them and increasing their value in the medium term together with Signa Prime Selection AG.

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.

02.12.2019

Commerz Real acquires 20 per cent stake in 10 Kaufhof department stores from Signa

Commerz Real has taken up a stake of 20 per cent in a package of 10 Kaufhof department stores with the intention of developing them and increasing their value in the medium term together with Signa Prime Selection AG.

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