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SCPI Novaxia Neo signs a 3-star hotel in Germany at 7.61%.

Transaction valued at €8.4 million
Hotel in Dresden (DR)
Hotel in Dresden (DR)
Business Immo
November 6, 2024 | 2:04 P.M.

Translated from French.

SCPI Novaxia Neo, managed by Novaxia Investissement, has acquired the Amedia Hotel in Dresden, Germany. The 103-room property is managed by HR Group. The transaction amounted to €8.4 million, with a yield of 7.61% deed in hand.

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