Bonn: Art-Invest takes over Marriott near WCCB
Art-Invest Real Estate has acquired the Bonn Marriott hotel near the World Conference Center Bonn (WCCB) in a sale-and-lease-back transaction. The seller is DevelopVisio Real Estate. Art-Invest was legally advised on the deal by GSK Stockmann and BLD Bach Langheid Dallmayr Rechtsanwälte; tax advice was provided by McDermott Will & Emery as well as Schoenfeld & Hottendorf. Technical consulting was handled by the planning office of Espeter and SMV Bauprojektsteuerung. The seller was advised by the law firm of Dr. Gottschalk. The purchase was for the “Hotel-Manage to Core-Fonds”, which is managed by Art-Invest. The hotel, which opened in 2016, has 336 rooms, among them 30 suites, plus four conference rooms, an underground garage, and a Sky Bar.
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