Lange Vijverberg, The Hague
The newly converted 101 room apart-hotel marks Staybridge Suites’, which forms part of the Intercontinental Hotel Group, first opening in the Netherlands. This off-market acquisition is attractive to our investors as it provides secure long-term income, with a long unexpired term and annual CPI linked rent reviews. Staybridge Suites is a well-recognised global brand and there is the opportunity to capture robust growth from hotel demand in The Hague in the long term.
Address
Lange Vijverberg 16,
The Hague
Netherlands
Tenant
Staybridge Suites
Sector
Hotel
Acquisition date
Q1 2019