BCLP advises PROJECT Immobilien on the sale of a hotel in Berlin-Köpenick

International law firm BCLP advised PROJECT Immobilien Group on all legal aspects of the sale of a hotel property in Berlin-Köpenick to a subsidiary of Premier Inn Holding GmbH.

A neighborhood with condominiums, rental apartments, publicly subsidized apartments and commercial units is to be built in four construction phases on the site of the former Funkwerk Köpenick, Wendenschloßstrasse 142. A total of around 20,000 square meters of a wide variety of housing types and just under 10,000 square meters of commercial space will be created.The new hotel that is currently being developed in this premise in the south-eastern part of Berlin will have 157 rooms with a gross floor area of around 5,224 square meters and around 50 outdoor parking spaces. Upon planned completion in 2025, Premier Inn will both operate and own the hotel.

A BCLP team co-led by Frankfurt Partner Christian Lonquich and Senior Associate Sascha Ryssok advised PROJECT Immobilien on this transaction.