Slovakia-Based Developer Immocap Group Sells the Lindner Hotel Gallery Central in Bratislava

Main Photo: The Lindner Hotel Gallery Central

Date: July 2019

Location: Trnava Myth, Bratislava, Slovakia

Name: The Lindner Hotel Gallery Central

No. of Keys: 222

Seller: Immocap Group. Lindner have 30 hotels, mostly in Germany, under the Lindner brand, with a new brand recently launched “me and all hotel”. The hotel is part of the multi-use Central development, sold previously to Tatra Asset Management in 2013 and again to Allianz Real Estate in 2016.in the transaction.

Buyer: Private Middle Eastern investors, thought to be behind Rotana from Abu Dhabi.

The 222-room four-star hotel includes two restaurants as well as 240 sqm of meeting facilities. The property is part of Slovakia’s first LEED certified project, and is at the centre of a major retail, office and leisure complex. HVS Hodges Ward Elliott acted as the seller’s agent in this transaction.

Price: Not disclosed

THPT Comment: Lindner, a family enterprise, will no doubt continue to grow, and we believe they will remain as managers of this hotel, Lindner Hotel Gallery Central.

First Seen: HVS Hodges Ward Elliott Newsletter

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