Aroundtown leases two hotels in Berlin-Mitte to the Odyssey Hotel Group on a long-term basis

Two hotel properties at Humboldthain in Berlin newly leased

Aroundtown has completed the long-term lease of two hotels at Humboldthain in Berlin-Mitte to the Odyssey Hotel Group. The properties—AC Hotel Berlin Humboldthain Park (Hochstraße 3, 13357) and Moxy Berlin Humboldthain Park (Hochstraße 2, 13357)—comprise a total of 233 rooms. These are the first hotels Aroundtown has leased to the Odyssey Hotel Group and mark Odyssey’s debut in the Berlin market. With this transaction, Odyssey, which already operates 14 hotels across Germany, continues to expand its presence in major German cities.

The two hotels are located in close proximity to Volkspark Humboldthain as well as other inner-city green spaces, combining a tranquil setting with a highly urban location. Gesundbrunnen station is within walking distance, providing excellent connectivity to S-Bahn and U-Bahn services, long-distance rail as well as key Berlin hubs such as Messe Berlin, BER Airport and major tourist attractions.

Both properties are BREEAM (Building Research Establishment Environmental Assessment Method) certified – one of the world’s leading systems for assessing the environmental and social sustainability of buildings. As such, the assets meet high standards in terms of energy efficiency and user quality, reflecting the growing importance of sustainable real estate in the hotel and property market. Aroundtown is committed to a consistently energy-efficient portfolio and has already certified more than 65% of its hotel portfolio accordingly.

AC Hotel Berlin Humboldthain Park offers modern, high-quality spaces with a focus on comfort and functionality, complemented by meeting and event facilities. Moxy Berlin Humboldthain Park, with its vibrant and design-led concept, is tailored to a younger, urban clientele.

“We are very pleased to be entering into a lease agreement with the Odyssey Hotel Group for the first time. This relationship marks an exciting step forward and will allow both our companies to further strengthen our presence in the vibrant Berlin hotel market. It also highlights the appeal of this well-connected location, which is sure to benefit us all,” says Marije Bekker, COO Hotel Division at Aroundtown.

“Berlin is one of our key European destinations. With these two hotels at Humboldthain, we are strategically expanding our portfolio with attractive, future-proof locations that offer strong demand,” says Jules van Gaalen, Senior Vice President Development & Asset Management at Odyssey Hotel Group.

As a Europe-wide, multi-brand independent hotel operator of internationally recognised brands, Odyssey Hotel Group combines deep expertise in the hotel and hospitality sector with strong ties to the European real estate industry. Odyssey Hotel Group, founded in 2012 in the Netherlands encompasses a distinctive portfolio of 27 hotels in 6 different countries (Germany, The Netherlands, Spain, Belgium, Sweden and Finland) providing over 4,403 rooms within Europe.

This long-term letting underlines Aroundtown’s expertise in the real estate market and confirms the attractiveness of the location and hotel positioning.

About Aroundtown

Aroundtown is one of Europe's largest real estate companies, MDAX listed and focused on income generating quality properties that have potential for value-add in central locations mainly in Germany, the Netherlands and London. The portfolio comprises mainly office, residential and hotel properties. Hundreds of experienced employees from all areas of the value chain ensure that Aroundtown effectively realizes long-term potential. Professional organization, flexibility, innovation and extensive tenant services make Aroundtown a reliable partner for growth and success. Aroundtown is a sustainability leader in the European market with strong visibility in ESG indices such as the Dow Jones Best-in-Class Index, and more. Aroundtown is a member of the European Public Real Estate Association (EPRA), the German Property Federation (ZIA), the German Sustainable Building Council (DGNB), the UN Global Compact Network Germany, Supporting member of the Society of Property Research (gif) as well as a signatory to the Charter of Diversity. Aroundtown has received multiple EPRA BPR Gold Awards and EPRA sBPR Gold Awards for its transparent financial and sustainability reporting. Avisco (controlled by Yakir Gabay) holds 15% in Aroundtown (date: 29.07.2022) and Stumpf Capital GmbH 10% (date: 13.11.2023). Other shareholders include Blackrock, Norges, Vanguard, BNP Paribas, AXA, Alliance-Bernstein, APG, Dekabank, State-Street, Bank of Montreal and many other leading international investors. The main bond investors include ECB, GIC, Union Investment, DB, UBS, Nordea, Allianz, M&G, Pictet, Credit Agricole and many other major institutional investors.

In collaboration with the ZIA, Aroundtown is actively committed to promoting innovation and the future viability of the real estate industry.

www.aroundtown.de