Hotel and leisure real estate has the
potential of higher rental yields than most 'core' real estate,
and, given highly experienced and discriminating investment
management, can offer significantly better risk adjusted returns
(see the decisive eye issue
3). In launching the Internos Hotel and Leisure Division in
2010, we also announced that we had secured the services of one of
Europe's most experienced and successful Hotel and Leisure fund
managers.
Key factors
- A growth sector, especially in branded hotels, where Europe
lags USA
- Rarity of experienced senior fund management sector
experts
- A broad sector: Internos knowhow covers hotels, apart'hotels,
serviced apartments, resorts, health clubs, leisure parks,
cinemas
- Hotel and Leisure professionalism allied to Internos
pan-European management platform
- Profound insight by our team and into a deep network of
relationships among hotel operators, investors, lenders and
brokers
Reach of the Internos offer
- Research-based strategy design leading to: acquisition
underwriting and execution
- Asset management of hotel portfolios, funds or separate
account
- Acquisitions, operating contract negotiations, project
developments or renovations
- Financing and structuring with access to Internos' broad-based
integrated investment services
Strategies and structures - existing or tailor-made
- 'Core' income- focussed low risk fund or club investments in
3-4 star existing hotels
- Tailor-made for single clients: prioritising secure income or
private equity type growth working to a chosen time horizon
- Disposal mandates: crystallising maximum value via Internos'
wide sector investor network
- Restructuring: via asset management, debt restructuring, value
creation to eventual exit
- Asset or portfolio takeover: using sector expertise to add
value at every step
- Strategic advice and M&A: the Internos hotel and leisure
team has M&A experience over several € billions
Hotel and Leisure Team
The Division is led by Jochen Schaefer-Suren, an
internos Partner with 24 years in the sector and experience of over
€3.5billion of hotel and leisure transactions. He is joined by
Jimmy Mattrel as Manager of Hotel and Leisure transactions as well
as a number of other Internos real estate professionals with hotel
and leisure experience. The team has full access to Internos
integrated services covering: asset management, client tax
structuring and treasury services, debt negotiation.