Deka Immobilien has signed a new lease agreement with Corendon Hotels & Resorts for the operation of the five-star W Amsterdam.
The hotel, located in the centre of Amsterdam, occupies two listed buildings that were converted from office use into a hospitality scheme in 2015. The property includes 238 rooms, of which 66 are suites, alongside a spa and two restaurants.
Situated adjacent to the Royal Palace Amsterdam and near Dam Square, the hotel is positioned in one of the city’s most visited areas.
Under the agreement, Corendon will operate the asset on a long-term lease while maintaining the existing W Hotels branding.
The property has been held in the Deka-ImmobilienGlobal portfolio since 2017.