Hotel Savoy forms an important part of Entra’s urban development of the Tullin area. We currently have 66,500 sqm of office and conference facilities under development here as well as a 23,000 sqm university building finalised in 2019. The hotel has a development potential, and we see significant synergies from product bundling and cross-marketing with our other concepts in the area, says CEO Sonja Horn
The transaction will close on 14 July 2021.
Pangea Property Partners was the advisor to Entra.