Meliá signs lease for WGF AG hotel development in Hamburg HafenCity
Meliá Hotels International signed a 25-year lease for a hotel development on the eastern edge of Hamburg HafenCity. Landlord and developer is the WGF Westfälische Grundbesitz und Finanzverwaltung AG. Meliá plans to open an 4-star category "Innside by Meliá" on the site at Högerdamm. This will be the firstHamburglocation of this expanding brand; Meliá runs 22 hotels inGermany, using different brands, and plans to double that number in the coming...
The location of the new "Innside" Hotel is about 800 meters south of theHamburgmain station. The property at Högerdamm, parallel to Amsinckstraße, borders on a water-bearing channel and will have an own boat pier available for hotel guests. Along the canal a new "HafenCity-Boulevard" will connect the Högerdamm to the HafenCity, one of the most importantHamburgcity development areas in recent decades. The new "Innside" hotel is thus on a particularly preferred location.
Düsseldorf based development company WGF AG and its subsidiary Ilse Bau und Planung GmbH take charge of the project realisation of the new development with 205 hotel rooms on a gross floor area of 8.980 sqm. Construction will begin in 2013, completion is planned for 2015. In September 2010, WGF AG had acquired the land from aurelis real estate GmbH & co. KG. The sale of the development is planned to take place during the construction phase. The long-term lease with a strong tenant ensures the object is an attractive investment object.
The company:
WGF AG is a real estate company focusing on real estate development. Since 2003, the Düsseldorf based company is active in real estate of the asset classes Residential, Office and Hotel. As of June 30, 2012, the company had 103,500 square metres in real estate, and 132,500 square meters of gross floor area in developments. On this basis, the WGF AG is also an innovative supplier of capital market products for private and institutional investors.
About Melia Hotels International
Rooted in Mallorca (Spain), with a global footprint, Meliá Hotels International has evolved over seven decades into one of the world's leading hospitality groups. Today, we are proud to be recognized as Europe's most sustainable hotel company by S&P Global, and as a Top Employer Large Enterprise 2025, reflecting our unwavering commitment to excellence, innovation and responsible tourism.With a portfolio of over 400 hotels across key destinations worldwide, we deliver differentiated guest experiences through our nine distinct brands: Gran Meliá Hotels & Resorts, ME by Meliá, The Meliá Collection, Paradisus by Meliá, Meliá Hotels & Resorts, ZEL, INNSiDE by Meliá, Sol by Meliá, and Affiliated by Meliá. Each brand is designed to meet the evolving expectations of our guests, while staying true to our Mediterranean roots and values.Our strategic focus on sustainability, talent development, and digital transformation continues to position Meliá as a benchmark in the global hospitality industry, driving long-term value for our stakeholders and creating meaningful experiences for millions of travelers around the world. . For more information, please visit www.meliahotelsinternational.com