Art-Invest Real Estate Acquires Four Points Flex by Sheraton Hotel in Essen

Art-Invest Real Estate has acquired the Four Points Flex by Sheraton hotel in Essen from an institutional fund. The property will continue to be operated by  The Chocolate on the Pillow Group⁠, in which Art-Invest Real Estate holds a stake.

The hotel is located at Hachestraße 63 in Essen city centre, within walking distance of the main railway station. The property was completed in 2016 and comprises 174 guest rooms.

Operating under the Four Points Flex by Sheraton brand, part of  Marriott International⁠, the hotel serves both business and leisure travellers in the midscale segment.

Essen’s location within the Ruhr region supports demand from corporate travel, trade fairs and events. The hotel also benefits from access to public transport and proximity to major business locations in the region.

According to Art-Invest Real Estate, the acquisition aligns with its strategy of combining hotel investment activities with operational expertise through affiliated operating platforms.

The buyer was advised on the transaction by  Loschelder Rechtsanwälte⁠.

No financial details of the transaction were disclosed.