Hogan Lovells with Patrizia on lease for Holiday Inn Express in Augsburg

Hogan Lovells advised the investment manager Patrizia SE on concluding a lease agreement for the Holiday Inn Express hotel in Augsburg.

The five-story hotel building, located on the eastern edge of Augsburg’s old town, has 136 rooms and a gross floor area of approximately 5,200 square meters. The hotel property is operated under the “Holiday Inn Express” brand. The lease agreement was concluded with The Chocolate on the Pillow Group (COTP).

Headquartered in Augsburg, Patrizia manages hotel assets worth around €1.6 billion and has proven expertise and a long-standing track record in the management of operator-based real estate assets.

The Hogan Lovells team

Partner Marc P. Werner (pictured), led the Hogan Lovells team on the matter, working alongside senior associates Angelika Solberg and Elena Platte (all real estate/hospitality, Frankfurt/Munich).