IC Immobilien Gruppe wins property management mandate for 30 B&B hotels

IC Immobilien Gruppe is expanding the property portfolio it manages, particularly in the hotel sector, and took over the commercial, technical and accounting property management for a portfolio with a total of 30 B&B hotels in September 2024. 

The hotel portfolio with a total lettable area of around 42,300 square metres, 2,308 hotel rooms across Germany is the first mandate for IC Immobilien Gruppe by the owner BC Partners Real Estate and the asset manager HOVA Hospitality. The majority of the hotels date back to the 1990s and are now being extensively modernized and brought up to current energy standards. 

“We have built up expertise over many years, especially in the hotel and hospitality segment. We are delighted to have gained BC Partners and HOVA Hospitality as new clients on the basis of this in-house experience,” says Karsten Körper-Fitzgerald, Managing Director of IC Property Management GmbH.