CV Real Estate has sold the Hilton Garden Inn exhibition hotel in Feldkirchen to a family office. CV Real Estate is currently building the four-star hotel with 166 rooms on a 6,300 sqm site near the Munich Trade Fair Centre.
Construction is scheduled to begin this year. The opening is planned for the first quarter of 2020. At the end of last year, CV Real Estate signed a 20-year lease for the hotel with the Tristar hotel group from Berlin.
The transaction was advised by the London multi-family office CBE Trapp & Co. as well as Wagensonner Rechtsanwälte from Munich and the law firm MKRG from Düsseldorf.