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Radisson Blu Hotel, Marseille Vieux Port – Image Credit Radisson Hotel Group
A summary of European hotel transactions provided by HVS
Invesco acquires Radisson Blu Hotel in Marseille from Union Investment
Invesco Real Estate has acquired the four-star, 189-room Radisson Blu Hotel, Marseille Vieux Port in France from German real estate investment manager Union Investment for €43.5 million (€230,200 per room). The property is situated by the old port in central Marseille and includes two restaurants, a bar and 12 meeting rooms. The hotel, that had been owned by Union for 20 years, underwent a complete renovation in 2024 and is operated under a long-term lease by Radisson Hotel Group. Invesco acquired the hotel on behalf of its European Hotel strategy, bringing the portfolio to 11 hotels.
Tikehau and Cresco acquire Tierpark Hotel in Berlin
French asset management group Tikehau Capital, together with German real estate investor and developer Cresco Real Estate, has acquired the four-star, 278-room Tierpark Hotel in Berlin, Germany. The property is situated in east Berlin by the Tierpark Zoo and includes a restaurant and 14 meeting rooms. Cresco will operate the hotel and invest in its modernisation and energy efficiency. This marks the second joint venture project undertaken by Tikehau and Cresco.
Swiss Life acquires Seminarhotel Bocken in Switzerland from UBS
Swiss insurer Swiss Life has acquired the 40-room Seminarhotel Bocken in Horgen, Switzerland, from Swiss bank UBS. The hotel is part of a broader deal involving the entire Horgen estate, one of UBS’s two training centres. Situated near Lake Zurich, about 20 minutes south of the city, the estate includes a main conference building with 11 meeting rooms and three additional buildings used for events and meetings. Following the acquisition, Swiss Life plans to open the property to external guests.
Norkon and 25H acquire NH Dresden Neustadt in Germany from Garbe
German real estate investment company Norkon, together with Luxembourg-based family office 25H Capital Management, has acquired the four-star, 269-room Hotel NH Dresden Neustadt in Germany from German real estate investment company Garbe Industrial Real Estate, which sold the asset on behalf of institutional clients. The hotel forms part of a larger transaction involving the Hansa Center, a two-building complex comprising the hotel and an adjacent property used for offices and retail. The hotel is located a five-minute drive north of Dresden’s historic old town and includes a restaurant, bar and ten meeting rooms.
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