CBRE Hotels advise on sale of Radisson Blu Amsterdam

Amsterdam, 1st July 2014 - CBRE Hotels have advised Capital Hospitality Group on the sale of the Radisson Blu Amsterdam City Centre to Union Investment, at approximately €90m.   
The project was handled by our EMEA Brokerage team (led by Dominic Murray) and our Benelux Brokerage team (led by Jan Steinebach).
Jan Steinebach commented ‘This transaction further demonstrates the growth of activity in the Dutch market and proves the great appetite for hotel transactions with investors not only in Benelux but across EMEA.
We believe that the timing is right to sell and we expect several more transactions like this in the coming year’
This transaction is key in further establishing presence of CBRE Hotels in the Benelux market, that has rapidly become the ‘go-to’ provider across all service lines including consultancy and valuation advisory as well as brokerage. 

About CBRE Hotels
CBRE Hotels is the world’s leading, full-service, real estate advisory group focused exclusively on the hospitality industry. CBRE Hotels provides consultancy services for the sale, valuation, financing, development and asset management of hotels. Headquartered in London, the group has offices in Munich covering Germany and CEE (Central and Eastern Europe), Ireland, France, Spain, Italy and with dedicated hotel teams in the United States and the Asia-Pacific region.