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Slättö acquires building in Denmark to develop lifestyle hotel
Slättö acquires building in Denmark to develop lifestyle hotel

Yahoo

time26-06-2025

  • Business
  • Yahoo

Slättö acquires building in Denmark to develop lifestyle hotel

Private equity real estate investor Slättö has acquired a centrally located vacant and outdated office building in Copenhagen, Denmark, which will be transformed into a tech-enabled lifestyle hotel. With the site acquired from Commercial Real Estate Denmark, the deal is a strategic move to capitalise on the performance of the Copenhagen hotel market. Slättö chief investment officer Erik Dansbo said: 'This is a milestone investment for Slättö, marking our continued growth in Denmark and a very strong start for our Value Add III fund. 'Together with earlier acquisitions in residential and logistics light industrial, this project reflects the strength of our investment strategy and execution capacity across sectors.' The property was a former police headquarters built in 1961 and is situated on Halmtorvet Square, near the city's Meatpacking District and transport hubs. A long-term lease has been secured with hotel operator Bob W for this brown-to-green conversion project. The renovation will begin in the first quarter of 2026 and aims to preserve the building's architectural heritage while incorporating significant energy upgrades. The goal is to achieve DGNB Gold environmental certification, reflecting the project's sustainability ambitions. The 169-room apart-hotel is expected to open its doors in the fourth quarter of 2027. Slättö Denmark country head Anders Østergaard Hansen said: 'Denmark is a strong real estate market with transparency, liquidity, and international investor appeal. 'This is why Slättö, as a leading Nordic real estate fund manager, aims to grow in the country, and our investment in the Halmtorvet project is a natural step on that journey.' Copenhagen's hotel market has shown resilience and growth, with overnight stays exceeding 2019 levels for three consecutive years. The city's appeal is bolstered by its international travel links, diverse demand, and limited forthcoming supply. Bob W's CEO and co-founder Niko Karstikko said: 'Copenhagen has long been an important city for us - not only as the leading Nordic travel destination, but also for its global reputation in sustainability, design, and culture. 'With one successful property already operating here, we're proud to strengthen our presence in the capital'. Last year, hotel operator Strawberry announced a collaboration with Slättö to launch a new hotel chain. This venture aims to focus on strategic locations, quality, and high sustainability standards, aligning with the broader trends in the Nordic hotel market. "Slättö acquires building in Denmark to develop lifestyle hotel" was originally created and published by Hotel Management Network, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.

Bob W strengthens southern European growth team
Bob W strengthens southern European growth team

Travel Daily News

time14-05-2025

  • Business
  • Travel Daily News

Bob W strengthens southern European growth team

Bob W appoints real estate directors to accelerate growth in Spain, Italy, and Portugal by converting commercial spaces into tech-powered serviced apartments. HELSINKI, FINLAND – Bob W, the tech-powered hospitality operator redefining hotels and short-term rentals, is strengthening its presence in Spain, Italy and Portugal with the appointments of Badis Boudjakdji as Real Estate Director for Iberia and Renato Sciannimanico as Real Estate Director for Southern Europe. Boudjakdji and Sciannimanico will continue to drive Bob W's Iberian expansion, particularly in Spain, where the company already operates two properties in Madrid, and in Italy, where it manages three assets in the city centre locations of Milan and Florence. They will collaborate closely with landlords, asset managers, and developers to convert underutilised commercial spaces into distinctive Bob W serviced apartments. Boudjakdji joins from coliving specialist Urban Campus, a leading pan-European co-living operator, where he spearheaded business development across Iberia. His background includes M&A and structured finance roles at PwC, BNP Paribas, and Covivio. Sciannimanico comes from pan-European private equity firm Tristan Capital Partners, where he managed value-add and core+ real estate transactions. Previously, he held portfolio management roles at Allianz Real Estate (now PIMCO Prime). Badis Boudjakdji said: 'Our strategy is focused on expanding in top 10 cities (excluding resort / seasonal destinations) across Spain and Portugal through both leases and management contracts. I am looking forward to collaborating closely with private, family and institutional investors – as well as developers – to create lasting value for them and deliver exceptional experiences to our end-clients. With our established presence in Madrid, Bob W is ideally positioned for significant growth across Iberia.' Renato Sciannimanico added: 'Italy offers a wealth of repositioning opportunities in the hospitality sector and is a very attractive market for our business. I'm excited to help accelerate Bob W's pipeline and unlock long-term value with our real-estate partners.' Niko Karstikko, Co-founder & CEO of Bob W said: 'These appointments are another step in our mission to launch Bob W in every major European market. Badis and Renato bring the relationships and expertise to secure more buildings and grow our brand at pace.' Bob W now consists of a portfolio in excess of 5,000 apartments, completed or in progress and a presence in 16 countries. Recent capital increase allows to have a fully funded business plan. Bob W's tech-powered hospitality model combines the consistency and aesthetics of a lifestyle hotel with the flexibility and convenience of a short-term rental. Apartments include full kitchens, smart room controls and access to the digital guest experience via the Bob W app. As one of Europe's best-rated operators, Bob W boasts an NPS of 76 and an average guest rating of 4.7 out of 5. The company is backed by top-tier investors and continues to seek office, hotel, and mixed-use buildings to convert across major European cities.

Badis Boudjakdji has been appointed Real Estate Director for Iberia at Bob W.
Badis Boudjakdji has been appointed Real Estate Director for Iberia at Bob W.

Hospitality Net

time13-05-2025

  • Business
  • Hospitality Net

Badis Boudjakdji has been appointed Real Estate Director for Iberia at Bob W.

Bob W, the tech-powered hospitality operator redefining hotels and short-term rentals, is strengthening its presence in Spain, Italy and Portugal with the appointments of Badis Boudjakdji as Real Estate Director for Iberia. Boudjakdji will continue to drive Bob W's Iberian expansion, particularly in Spain, where the company already operates two properties in Madrid, and in Italy, where it manages three assets in the city centre locations of Milan and Florence. He will collaborate closely with landlords, asset managers, and developers to convert underutilised commercial spaces into distinctive Bob W serviced apartments. Boudjakdji joins from coliving specialist Urban Campus, a leading pan-European co-living operator, where he spearheaded business development across Iberia. His background includes M&A and structured finance roles at PwC, BNP Paribas, and Covivio. Bob W now consists of a portfolio in excess of 5,000 apartments, completed or in progress and a presence in 16 countries. Recent capital increase allows to have a fully funded business plan. Bob W's tech-powered hospitality model combines the consistency and aesthetics of a lifestyle hotel with the flexibility and convenience of a short-term rental. Apartments include full kitchens, smart room controls and access to the digital guest experience via the Bob W app. As one of Europe's best-rated operators, Bob W boasts an NPS of 76 and an average guest rating of 4.7 out of 5. The company is backed by top-tier investors and continues to seek office, hotel, and mixed-use buildings to convert across major European cities. View Badis Boudjakdji's LinkedIn Profile Badis Boudjakdji is a graduate of EMLYON Business School in Écully - France

Renato Sciannimanico has been appointed Real Estate Director for Southern Europe at Bob W.
Renato Sciannimanico has been appointed Real Estate Director for Southern Europe at Bob W.

Hospitality Net

time13-05-2025

  • Business
  • Hospitality Net

Renato Sciannimanico has been appointed Real Estate Director for Southern Europe at Bob W.

Bob W, the tech-powered hospitality operator redefining hotels and short-term rentals, is strengthening its presence in Spain, Italy and Portugal with the appointments of Renato Sciannimanico as Real Estate Director for Southern Europe. Sciannimanico will continue to drive Bob W's Iberian expansion, particularly in Spain, where the company already operates two properties in Madrid, and in Italy, where it manages three assets in the city centre locations of Milan and Florence. He will collaborate closely with landlords, asset managers, and developers to convert underutilised commercial spaces into distinctive Bob W serviced apartments. Sciannimanico comes from pan-European private equity firm Tristan Capital Partners, where he managed value-add and core+ real estate transactions. Previously, he held portfolio management roles at Allianz Real Estate (now PIMCO Prime). Bob W now consists of a portfolio in excess of 5,000 apartments, completed or in progress and a presence in 16 countries. Recent capital increase allows to have a fully funded business plan. Bob W's tech-powered hospitality model combines the consistency and aesthetics of a lifestyle hotel with the flexibility and convenience of a short-term rental. Apartments include full kitchens, smart room controls and access to the digital guest experience via the Bob W app. As one of Europe's best-rated operators, Bob W boasts an NPS of 76 and an average guest rating of 4.7 out of 5. The company is backed by top-tier investors and continues to seek office, hotel, and mixed-use buildings to convert across major European cities.

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