Austria-based Opportunistic Developer Wants to Acquire Apartments, Condos, and Hotels in Europe
Acquisition CriteriaDescription:
Description: An Austria-based developer/Investor has a footprint of the following types of income-producing properties in various cities of European countries:
Hotels portfolio: 3-4-star hotels in the range of 60 to 600 rooms of various European and international brands in the following cities: Amsterdam, Paris, Prague, The Hague, Berlin, Munich, Frankfurt, Jochberg, Vienna, Warsaw, Moscow,
Office portfolio: Frankfurt, Vienna, Berlin, Krakow, Warsaw, Moscow.
Residential Apartments Portfolio: Vienna, Prague, Munich, Mainz, Krakow, Kirchberg, Innsbruck, Graz, Salzburg, Berlin.
Architectural Exclusivity and Engineering of Developments:
Developer has established itself in Europe, asserting exclusive architectural features engineered to support green living environments. The richness of timber-based construction, structurally and aesthetically, is eye-catching and a living experience. The developer has remained non-competitive for over a century by fusing its architectural art with building engineering.
Target Geographical Focus of Acquisitions:
Metropolitan cities of Germany, Austria, Poland, the Czech Republic, France, and the Netherlands.
Target Acquisitions Focus:
Active properties that require infusion of capital for optimal profitability:
- Residential Apartments and Condos,
- Hotels with 60 to 300 rooms.
Transfer of ownership:
- Outright sale-purchase
- Seller takes partial payment and long-term note.
- Equity participation with the buyer.
Other preferences:
- Iconic, legacy, historical properties,
- Run-down properties that need development.
- Metro and coastal cities of Austria, the Czech Republic, southern Germany, Poland, France, the Netherlands, the UK, Slovakia, Palma-Spain, Corsica (France), and eastern Greece.