DETAILS
Service: Technical Due Diligence, hotel management consulting
Asset class: Hotel
Period of performance: 2017 to 2018
Location: Berlin and Binz (island of Rügen)
Client: IDEAL Versicherung a.G.
IDEAL Versicherung a.G. is a German insurance company based in Berlin and is part of the IDEAL Insurance Group.
The company specialises in personal insurance, in particular life and pension insurance. The in-house property department is responsible for the acquisition and asset management of larger office and hotel properties in particular.
From 2016 to 2019, REELAB acted as a technical partner for IDEAL Versicherung a.G. as part of the acquisition process. One example was the purchase of two Dorinthotels in Berlin Adlershof and Binz (Rügen). REELAB also assisted IDEAL Versicherung a.G. with the purchase of residential and commercial properties.
In addition to the technical due diligence, REELAB prepared the handover to the property management and provided technical support in drawing up the operating agreements.
ADRESS:
Rosenstraße 2
10178 Berlin