The “cutting of the first sod” ceremony had already taken place in 2019, and now the construction work is nearing completion: the Holiday Inn Hotel in Sant Cugat, just outside Barcelona, Spain, will be completed in January 2022 and open at the end of March.
The 4-star hotel in the superior segment, which is being developed by the Hamburg real estate group EUROPA-CENTER, has 208 rooms and 170 parking spaces, a full-service restaurant and a meeting centre. The building is aiming for the DGNB sustainability certificate in gold. Uwe Heinrich Suhr, founder and shareholder of EUROPA-CENTER, says: "I am very pleased about the realisation of our first international real estate project, which will be completed in our 50th anniversary year. This lays the first foundation stone for international expansion."
The hotel is operated by the family-run Hamburg hotel group NOVUM Hospitality under the Holiday Inn franchise brand. Uwe Heinrich Suhr is certain: “With NOVUM Hospitality, we have an expert partner at our side. We have already successfully realised our hotel in Essen with CEO David Etmenan and his team.”
“The upcoming hotel opening in Spain marks our market entry in this European country. We are pleased to have EUROPA-CENTER as a strong development partner at our side and look forward positively to further projects that we are striving to realise in Spain. Our expansion plans ideally include future projects in Madrid as well as Barcelona,” comments David Etmenan, Chief Executive Officer & Owner of NOVUM Hospitality. With over 150 hotels, more than 20,000 rooms and over 60 locations in Europe, the Hamburg-based company is one of the largest hotel groups in Germany.
Europe-wide expansion of EUROPA-CENTER
But this new hotel building is just the beginning for EUROPA-CENTER in Spain. Another hotel project will be built in Sabadell, also located in the Barcelona metropolitan area. Planning for the Holiday Inn Express Hotel with 120 rooms is in full swing. EUROPA-CENTER is also planning the construction of its first office project with over 40,000 m² of gross floor space, which will be built opposite the Holiday Inn Hotel in Sant Cugat.
Uwe Heinrich Suhr is a passionate European and has the internationalisation of EUROPA-CENTER in his sights: “With the completion of our hotel in Spain and the planning of further projects locally, we are filling the brand name EUROPA-CENTER with life, because my vision is a Europe-wide expansion of our real estate group. I am driving this forward with vigour!”
In total, EUROPA-CENTER will have developed approx. 80,000 m² of gross floor space in the Barcelona region after completion of the projects. The EUROPA-CENTER real estate group is thus planning a total investment of around 200 million euros in Spain by 2025.
The EUROPA-CENTER Group acquired two plots from the Institut Catalá del Sol with a total of 7,050 m² of space in Sant Cugat del Vallés. The transaction was successfully registered last week. A business hotel as well as a boarding house will built on the land. The company aims to start construction in Q2 of 2017. The volume of investment will amount to approx. €20 million euros.
Die EUROPA-CENTER Immobiliengruppe verstärkt ihre Aktivitäten auf internationaler Ebene. Für den internationalen Markteintritt wurde nun die EUROPA-CENTER International GmbH gegründet. Diese Gesellschaft wird als neue Muttergesellschaft der Vertretungen im Ausland fungieren.