holiday inn gdansk city centre
Union Investment Acquires Two Holiday Inn Hotels in Poland for EUR 80 Million
January 22, 2018
Planned new build in Gdańsk / Completed new build in Warsaw Union Investment has secured the future Holiday Inn Gdansk City Centre hotel at an early stage by way of a forward purchase agreement. The hotel will have 240 rooms and be located on Gdańsk's historic Granary Island. Completion and the transfer of rights and obligations are scheduled for mid-2019. The project has been acquired for the portfolio of one of Union Investment's institutional funds. The Hamburg-based real estate investment manager will also complete the acquisition of the 256-room Holiday Inn Warsaw City Centre on Ulica Twarda at the end of January 2018. The acqui...
IHG Signs with UBM Development AG for New Build Holiday Inn Gdansk City Centre in Poland
IHG | August 17, 2016
InterContinental Hotels Group (IHG®), one of the world's leading hotel companies, is proud to announce the signing of Holiday Inn® Gdansk City Centre - reinforcing the company's growing position in the Polish market. The property will operate under a management agreement with real estate developers UBM Development AG and is set to open in 2019. There are currently six IHG hotels open in Poland with a further six in the pipeline. IHG recently announced that in the first half of 2016, it signed 4k rooms (24 hotels) - our best H1 performance since 2008. Gdansk is becoming a popular tourist destination thanks to its unique architect...
