Thursday, 18 June 2026
Art-Invest Real Estate has successfully re-let two hotel properties within its portfolio following the insolvency of the previous operator, securing long-term lease agreements with leading hospitality brands and strengthening the operational positioning of both assets.
The company has appointed Motel One as the new long-term tenant for its hotel project in Kiel. The property will be integrated into Motel One’s portfolio and benefit from the group’s international distribution platform and established brand strategy. Motel One plans to undertake a comprehensive refurbishment programme to align the hotel with its design, quality and service standards.
In Hamburg-Barmbek, the existing hotel will continue to operate under the ibis Styles brand. The property has been leased to a joint venture between The Chocolate on the Pillow Group and Accor, a partnership established in 2021. The arrangement is expected to strengthen the hotel’s market position through experienced operational management and closer integration with Accor’s international distribution and loyalty platforms.
Dr. Peter Ebertz, Managing Director and Head of Hotels at Art-Invest Real Estate, said the successful re-leasing of both properties demonstrates the company’s proactive asset management approach in a challenging market environment. He highlighted the importance of operational hotel expertise and the ability to quickly implement sustainable solutions for investors.
According to Art-Invest Real Estate, the transactions were the result of an early marketing process focused on identifying suitable operators and tailoring concepts to the specific characteristics of each location. Legal advice was provided by GSK Stockmann.
The agreements are expected to enhance the long-term competitiveness and operational performance of both hotel assets while improving the quality of the operator structure within the portfolio.
