Former Chief Finance Office Hamburg

Hamburg is one of the most popular destinations in Germany and even in Europe – for business but especially for leisure tourism. The listed building of the former head finance office is situated in a prominent location in Hamburg’s city centre, directly at the Rödingsmarkt and is considered one of the most important state buildings in Hamburg. SOINI ASSET has found an end buyer for the luxury hotel FRASER HOSPITALITY with a value-secured fixed purchase price for the historic property and designed it as a hotel product. A 5* deluxe hotel has been created.

“The goal of this club deal investment was to create all the conditions to sell the building to follow-on investors with the appropriate legally valid building permit,” says Christina Soini, SOINI ASSET. Financing architecture and capital acquisition for the purchase of the historic building were at the forefront of the work. “I still have a good memory of the planning of the building application, including the necessary coordination with the historic preservation office,” says the manager, who has a special flair for project coordination and numbers. “Discussions took place with the authorities about the detailed hotel concept. Also due to the interest of well-known families, it was necessary to re-evaluate again and again to what extent the new needs of possible new operators differed with the previous preliminary planning for the building application. An exciting process that ultimately culminates in the opening of Fraser Suites Hamburg!”

The goal of this club deal investment was to create all the conditions to sell the building to follow-on investors with a corresponding legally valid building permit.