Scandic Hotels expands to Munich
Scandic, Art-Invest Real Estate and Accumulata Real Estate signed a long-term lease agreement.
Scandic Hotels, the largest hotel company in the Nordic countries, has signed a long-term lease agreement with developers Art-Invest Real Estate and Accumulata Real Estate regarding the operation of a new hotel, Scandic Munich Macherei.
The hotel will be part of the new area “Macherei”, which will undergo a total transformation, from current industry area to an urban and vibrant neighborhood with space for art and culture, modern offices and open meeting and communication zones. It is located close to the city center and well-connected to the airport and the Neue Messe München exhibition center. Scandic Munich Macherei is designed by New York architects HWKN Hollwich Kushner and will be inspired by typical former developed industrial areas such as Brooklyn in New Yorkand is expected to open in 2021.
The hotel will encompass ca. 11,000 m2 and have 234 rooms. Scandic Munich Macherei will also offer an attractive restaurant and a roof-top bar to create a local social pulse and a vibrant event scene.
Scandic has four hotels in operation in Germany – two in Berlin, one in Hamburg and one in Frankfurt and a second Scandic hotel will open in Frankfurt in 2021. Expanding to Munich confirms the company’s German focus and strategy and the new hotel will be an important addition to Scandic’s hotel portfolio.
Let’s take a look at a few other projects currently underway by Scandic:
Scandic Copenhagen Kodbyen
Scandic Hotel Voss
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