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Ramada Hotel Berlin Mitte

Ramada Hotel Berlin Mitte
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The Challenge

Cushman & Wakefield has been exclusively instructed by Zaphir Asset Management, following a competitive tender for the sale of the 145 rooms 4-star Ramada Hotel Berlin Mitte. 

The Solution

Step 1: C&W hospitality, working alongside with our local capital market team in Berlin, advised their client on the best divestment strategy. Using the local expertise and the specialized hospitality knowledge of the team was key to deliver this service and best advise the vendor.  

Step II: Upon reception and negotiation of numerous offers from various investors, C&W selected the suitable partner who met the expectations of the client.

Step III: C&W, supported by the legal team appointed by the client handled the case until completion.

The Results

Cushman & Wakefield maximized the selling price achieved by entering a competitive tendering process. The property has been sold and transferred to a well-known German company.