Hotel de Saxe
Neumarkt 9, 01067 Dresden
When the prestigious Hotel de Saxe opened in April 2006, it sparked an impetus for the reconstruction of the famous baroque Altstadtquartiere surrounding the rebuilt Frauenkirche. Behind its historic façade modelled on classic designs is a modern building run by the operator Steigenberger as a four-star-plus hotel. With its 185 guest rooms, attractive restaurants and numerous shopping outlets, the hotel has helped the Neumarkt regain its position of an important focal point of the Saxon capital. The hotel itself has become a popular and highly frequented tourist magnet. Today, it stands for a somewhat superior way to spend the night.
Data and facts
|Existing property/Acquisition (month/year)|
|Property value in EUR m||45.7|
|Total lettable area||13,487|
|Annualised in-place rent in EUR m||2.5|
|EPRA Vacany Rate in %||1.9|
|WALT in years||17.50|
|Main tenant||Steigenberger Hotels|
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