Case Study: Meininger Hotel
Christie & Co was instructed on behalf of a European investor to market for sale the freehold of the Meininger Hotel including an additional 3,500sqm of office and retail space in Salzburg, Austria.
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Business Name: Meininger Hotel
Location: Salzburg, Austria
Intro & Challenge:
Christie & Co was instructed on behalf of a European investor to market for sale the freehold of the Meininger Hotel including an additional 3,500sqm of office and retail space in Salzburg, Austria. The property is conveniently located in the popular tourist destination of Salzburg on Kapuzinerberg Hill and offered an ingoing investor a diverse mix of tenants.
Our work:
Christie & Co were able to leverage their network of buyers and deep understanding of the Austrian market to maximise the opportunity for the client due to receiving several offers which brought additional dynamics leading to improved and final offers. .
Results:
The unique position of the property with credible and long-standing tenants, combined with the Christie & Co buyer network meant the transaction was able to complete in a short space of time.