Transactie

Caransa Groep Sells Holiday Inn Express City Hall in Amsterdam

February 14, 2025

By Noortje Franssen

Hotel amsterdam aan straatac

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Irene Martini

Associate Director of PR

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Caransa Groep B.V. has sold the Holiday Inn Express City Hall, located at Valkenburgerstraat 14 in Amsterdam, to a Spanish investor. The hotel, located in the city center, offers 80 rooms and was built in 2018. The transaction includes a long-term fixed lease agreement with Borealis Hotel Group.

Anthony Grupping, Associate Director at CBRE, commented on the transaction: “Amsterdam remains the leading hotel market in the Netherlands, characterized by robust leisure and corporate demand. Given Amsterdam's status as a premier hotel market, this transaction highlights confidence in the city's long-term, low-risk investment potential, driven by a strict hotel moratorium.”

The hotel is operated by Borealis Hotel Group under the Holiday Inn Express brand. Borealis Hotel Group, a hospitality operator in the Netherlands, manages 27 hotels across Europe.

The seller, Caransa Groep B.V., was commercially advised in this transaction by CBRE. Legal counsel for the seller was provided by Osborne Clarke. The technical due diligence was conducted by CBRE. De La Fuente Advocaten, Nauta, Drees & Sommer and Deloitte represented the buyer.

About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2024 revenue). The company has more than 140,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.

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