IC Immobilien Gruppe extends four leases with B&B Hotels ahead of schedule by six years

Property Magazine and DEAL magazine report that IC Immobilien Gruppe has extended four leases with B&B Hotels Germany GmbH ahead of schedule until 2045 and 2048, respectively.

The hotels in Hamburg, Leipzig, Oldenburg and Schweinfurt have a total leasable area of around 12,900 square meters and 436 hotel rooms. They were completed in 2014/2015 and are leased to B&B Hotels on a long-term basis.