Adina Apartment Hotel Nürnberg

Nürnberg, Germany

Redevelopment and conversion of a centrally located office building in downtown Nürnberg into a hotel for Australian Apartment hotel chain Adina.

Acquisition: 2015
Construction: 2015
Completion: 2016
Disposal: 2017
Rentable Area (m²): 10,400

After acquisition in 2015, FREO started an extensive refurbishment programme to the convert this former office building into a 139 room aparthotel for Australian aparthotel brand Adina, which already operates five hotels across Germany. Adina is part of TFE Group, a joint venture between Toga Hotels and Far East Hospitality. The building is also equipped with 600 sqm of retail use ground floor area.

The redevelopment was completed in November 2016 and the aparthotel was subsequently sold to Invesco Real Estate in January 2017.