We are expanding through leases and acquisitions
a&o’s strategy is to target existing properties and to grow through freehold acquisition or long-term leases (20+ years).
Business partners who wish to contact a&o to discuss possible real estate offers can contact us at the following address: [email protected].
By the way: a&o will invest up to 500 million euros in the coming years to implement our expansion philosophy. Here is our press release: Here
Existing hotels and hostels
- Budget to Midscale to Upscale hotels, unencumbered by brand, operator or tenant
- Room count: around 120 rooms (ranging from 70 to 200)
- Larger hostels (minimum 350 beds)
Conversion projects
- Conversion of obsolete and vacant offices buildings (or other asset classes, e.g. schools, factories, etc.)
- Purpose-built offices from 1960s to 1980s
- 5,000 sqm or more (min. 3,500 sqm max. 7,000 sqm)
Budapest City: Conversion from student accommodation into a hostel
Warsaw Wola: Conversion from an office into a hostel
Copenhagen Sydhavn: Conversion from a school into a hostel
Barcelona: Conversion from a TV factory into a hostel
Florence: Conversion from office building into a hostel
Location
- City centre locations, or up to 15 minutes away from city centres via public transport (train stations, metro and tube)
Leases and acquisitions
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Leases with family offices and institutional investors
- Lease existing hotels and hostels from owners and re-brand
- Work with investors to lease newly-acquired properties*
- Acquisition of existing hotel and hostels or vacant offices building (subject to change of use) in gateway cities