Union Investment, one of Europe’s leading hotel investors, has supported the ongoing expansion of its hospitality portfolio with the hire of a new specialist.
Christoph Eichbaum joined the now eight-strong Investment Management Hospitality team on 1 August and will be responsible for hotel transactions in the DACH region (Germany, Austria and Switzerland), a key focus of the Union Investment portfolio with a current total of 46 hotels worth EUR 3.8 billion.
Eichbaum previously spent eight years at Ernst & Young Real Estate GmbH, most recently as a director.
In this role, he primarily advised investors and operators on national and international hotel transactions at both single asset and portfolio level.
“The members of our Investment Management Hospitality team combine professional hotel sector expertise with a deep understanding of the real estate markets. With his knowledge gained from advising clients in this area, Christoph Eichbaum is an excellent addition to our team. We are looking forward to working with him to expand our portfolio in the DACH region,” said Andreas Löcher, head of Investment Management Hospitality at Union Investment Real Estate GmbH.
Union Investment is one of Europe’s leading hotel investors. Its broadly diversified hotel portfolio in Europe and the US currently comprises 70 properties with a total value of around EUR 5.6 billion.