Lange Vijverberg, The Hague
Tenant
Staybridge Suites
Address
Lange Vijverberg 16,
The Hague
Netherlands
Sector
Hotel
Acquisition date
Q1 2019
The newly converted 101 room apart-hotel marks Staybridge Suites’, which forms part of the Intercontinental Hotel Group, first opening in the Netherlands. This off-market acquisition is attractive to our investors as it provides secure long-term income, with a long unexpired term and annual CPI linked rent reviews. Staybridge Suites is a well-recognised global brand and there is the opportunity to capture robust growth from hotel demand in The Hague in the long term.