Immofinanz Closes Leasing Contract With Leonardo Hotels

Professional ServicesReal Estate ♦ Published: January 9, 2012; 14:21 ♦ (Vindobona)

The Austrian real estate group enters an agreement with the German subsidiary of the Israeli Fattal International Hotel Chain.

Immofinanz Closes Leasing Contract With Leonardo Hotels / Picture: © Immofinanz

Immofinanz Group has signed a lease agreement with the internationally renowned hotel chain Leonardo Hotels for its hotel on Matrosengasse in Vienna’s 6th municipal district. Renovations are to start in January 2012. The real ested group will invest around € 6m in the reconstruction, modification and refitting of the hotel and plans to open the first Leonardo Hotel in Austria by the…