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Portfolio of three hotels in Northern Italy for sale through Christie & Co

Specialist business property brokers, Christie & Co, has been instructed to market a three-hotel-portfolio (total 277 keys) in the Emilia-Romagna region (northern Italy); all long-term leased to the operator B&B Hotels (French budget hotel chain): B&B Hotel Bologna, B&B Hotel Ferrara, and B&B Hotel Sassuolo.

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B&B Bologna is a 110-bedroom focused service hotel in the northern outskirts of Bologna. It is located between Centergross, Bologna Fiere and Bologna Congress Center, and is just a 23-minute drive from the city centre and 17 minutes from Bologna Guglielmo Marconi Airport, making it an excellent base for business trips.

B&B Ferrara is a 76-bedroom focused service hotel in the southern outskirts of Ferrara, a short 13-minute drive from the city centre and 37 minutes from Bologna Guglielmo Marconi Airport. The hotel is ideally located for leisure and business guests alike as it has good access to the Expo district and the City’s main sports facilities, whilst also being near enough to explore all that Ferrara city centre has to offer.

B&B Sassuolo is a 91-bedroom focused service hotel that sits just minutes from the historic centre of Sassuolo. The hotel is a five-minute drive from the town centre and 45 minutes from Bologna Guglielmo Marconi Airport. Additionally, the hotel has easy access to tourist destinations such as Museum Ferrari, Museum Maranello, Piazza Guiseppe and the city of Modena, and is well-positioned to attract corporate trade with the nearby exhibition centre, Modina Fiere.

Carine Bonnejean, Managing Director – Hotels at Christie & Co who is handling the sale, comments, “We are thrilled to have secured this mandate which our corporate hotels team in London, leveraging also our network of European offices, are marketing to a global audience of qualified investors. There is a wall of capital seeking to find safe haven investments such as this and we expect to run a condensed process with initial non-binding offers towards the end of July.”

Craig Millward, Corporate Hotels Director at Christie & Co also comments, “This is an excellent opportunity to acquire three branded hotel investments leased to a quality operator and which provide attractive levels of secure rental income. We are seeing interest from a broad spectrum of institutional investors as well as from high net worth individuals.”


For further information on this press release, contact:

Niamh Toman, Junior Corporate Communications Executive 
P: +44 7768 646 984 or E: niamh.toman@christie.com  

Contact the broker:

Carine Bonnejean, Managing Director - Hotels
P: +44 7921 063548 or E: carine.bonnejean@christie.com

Craig Millward, Director – Corporate Hotels
P: +44 7791 174 781 or E: craig.millward@christie.com


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