Atream acquires Park Inn in Nuremberg for €23mn
Atream Hotels has acquired the “Park Inn by Radisson Nürnberg” for €23.5mn. The three-star hotel is located at Sandstraße 2-8 on the edge of the historic city center, and has 148 rooms and seven conference rooms. It was last renovated in 2015/2016. The hotel is operated by the Radisson Hotel Group; its lease has a remaining term of ten years. The property was sold by Principal Real Estate for its fund “Principal Hotel Immobilien Spezialfonds”. This fund had acquired the Nuremberg hotel as an initial portfolio, along with three other hotels, in 2012.
Subscribers to our premium service have access to this article in full as well as to an additional 480,000+ news items: all filterable by topic, company, asset class, city or keyword. In TD Premium you can search for investment deals, leases, current project developments and company news with pinpoint accuracy.
TD Premium is Germany's leading property information tool that interconnects news, transactions, project data, market and company information in a unique and flexible system.