Göttingen: Real I.S. acquires hotel project from Bauwo
Real I.S. is acquiring the Hotel Holiday Inn Express, located near Göttingen’s main rail station, as a forward deal for its “Deutschland” specialty fund. The project for the 5,061 sqm, 144-room hotel is located at Carl-Zeiss-Straße 1, and should be completed in early 2020. Bauwo is both seller and project developer. Success Hotel Management has a 25-year lease for the property. Real I.S. was advised by Hotour Hotel Consulting and GSK Stockmann.
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