Hamburg – one of Europe’s most popular city destinations Here a strong tourist industry and impressive historic buildings meet. This symbiosis was recognised and exploited: In 2013 the was acquired in a bidding process from the municipality of Hamburg and the BIM organisation, with the support of private investors for the purpose of preparing it for development as a hotel. In 2015 this splendid historic building was sold to FRASERS HOSPITALITY. A five-star hotel is now being created in a premium location between the town hall and the Elbphilharmonie. The former regional tax office was built between 1907 and 1910 and offers usable space of just under 16,000 m². This special, historic location lies at the interface between the city and the port and will, from 2017, offer a hotel experience with unique charm.
Financing architecture and acquisition of capital for the purchase of the historic building of Hamburg’s former regional tax office on the Rödingsmarkt.
The property has already been sold on to FRASER HOSPITALITY
A five-star luxury hotel is to be created
Commencement of building work: 2015
It was the aim of this club-deal investment to create the preconditions for selling the building to downstream investors with the required planning permit