Eindhoven Holiday Inn Hotel, located on the Veldmaarschalk Montgomerylaan 1, Eindhoven, has been sold to Invesco Real Estate for € 22.5 million. The sale is a ‘sale & leaseback’ deal whereby the vendor, Hampshire Hospitality has entered into a 25-year lease agreement with Invesco Real Estate. Etienne Verkerk, CEO of Hampshire Hospitality , commented: “The sale of Eindhoven Holiday Inn is in line with our future plans to further expand in Benelux. By selling real estate and leasing it back, we will be able to make capital available that will allow us to achieve our expansion ambitions. The fact that we have chosen a sale & lease back structure indicates that we are eager to hold on to this asset, which is conveniently located near downtown Eindhoven, close to Eindhoven airport and Central Station and in close vicinity to a number of major companies.”
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