December 20, 2019

Thylander acquires hotel property in central Copenhagen

Thylander has in joint venture with a select group of private investors, acquired a well located hotel property with close proximity to Copenhagen Central Station and Tivoli. The 2,450 sqm hotel property that comprises 76 rooms is fully let on a long lease contract with hotel operator Zleep Hotels.

Zleep Hotel was founded in 2013 and has successfully expanded offering well located and well designed hotel accommodation at reasonable prices. In early 2019 a majority of Zleep Hotel’s shares was acquired by the German Hotel group “Deutsche Hospitality”.

Lars Thylander, Chairman of Thylander says: “We are very pleased to have completed this transaction that we consider to hold an attractive risk/return profile and long term value”, and he continues; “We are experiencing a huge demand from our investors for attractive real estate investments and have further opportunities in the pipeline”.

For further information, please contact:
Lars Thylander, Chairman of the Board, lt@thylandergruppen.dk
Kristian Krogh, Managing Partner, krogh@thylandergruppen.dk