20-Year Lease Agreement: Beds & Bars Takes Over Operation of Aroundtown Hotel Property at Alexanderplatz in Berlin

International hospitality group operates the hotel Alexanderplatz under the St Christopher’s Inn brand

Aroundtown has newly let a hotel property in a prime city-centre location at Berlin’s Alexanderplatz. Beds & Bars, an established international operator in the European hostel and budget hotel segment, has been operating the 61-room hotel at Alexanderplatz since July 2026. The long-term 20-year lease underlines the appeal of the location in the heart of the German capital as well as the demand for well-connected hotel concepts in the budget and lifestyle segment.

Beds & Bars operates locations in several European metropolises and has longstanding experience in the international backpacker and budget hospitality market. With the new location at Alexanderplatz in Berlin, the operator is strengthening its presence in one of Europe’s most important city destinations.

The property benefits in particular from its central location in Berlin and excellent connections to local and long-distance public transport. Berlin Central Station can be reached within a few minutes, while numerous tourist and cultural attractions are located nearby. These include the TV Tower, Berlin Cathedral and other central landmarks, restaurants and nightlife areas. The property is therefore well suited to international city travellers as well as budget-conscious individual and group travellers.

The hotel offers private rooms, a 24-hour reception, complimentary Wi-Fi, air conditioning and luggage storage facilities. Its amenities are tailored to the requirements of urban short stays and an international guest mix.

Beds & Bars is an international hospitality group focused on hostels, budget hotels and food & beverage concepts in central locations across European cities, including Barcelona, London and Paris. The brand is particularly well established in the backpacker and budget travel segment and caters to international guests looking for urban locations with strong accessibility and contemporary amenities.

Aroundtown is one of Europe’s largest real estate companies and has a diversified portfolio which, in addition to office and residential properties, includes numerous hotel locations.

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 the Charter of Diversity. Aroundtown has received multiple EPRA BPR Gold Awards and EPRA sBPR Gold Awards for its transparent financial and sustainability reporting. In collaboration with the ZIA, Aroundtown is actively committed to promoting innovation and the future viability of the real estate industry.

www.aroundtown.de