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Case Study

Deka Immobilien acquires American Hotel Amsterdam

Having previously sold the hotel to The Eden Hotel Group (currently Hampshire Hospitality) in 2004, Jones Lang LaSalle Hotels had offered for sale the American Hotel Amsterdam.
Jones Lang LaSalle Hotels launched a marketing campaign focussed on a pre-selected group of potential buyers, consisting of local Dutch as well as international investors. In March 2012 the hotel was sold to Deka Immobilien GmbH, acting on behalf of its sister company WestInvest Gesellschaft für Investmentfonds mbHImmobilien GmbH. The hotel was sold in a ‘sale & leaseback’ deal whereby the vendor Hampshire Hospitality has entered into a 25-year lease agreement with Westinvest.
Exclusively mandated by Hampshire Hospitality, Jones Lang LaSalle had supervised the transaction using a team of Capital Markets specialists based in Amsterdam and colleagues at Jones Lang LaSalle Hotels based in London. 
For more information please contact George Nicholas, +44 207 399 5829.

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