Stek has advised Danzep Hotels on the EUR 25,000,000 facility provided by Crossroads European Real Estate Fund, a Luxembourg based investment fund advised by Crossroads Real Estate LLP. Danzep Hotels BV is a Dutch hotel developer and operator, holding the Master Franchise for the successful easyHotel concept in the Benelux countries. The facility will be used to accelerate the development of Danzep’s pipeline assets in the Netherlands and Belgium. With multiple new projects in Amsterdam and a new development in Brussels, the available funds will put the company on a fast track for growth, more than doubling its current room count over the next 12 months.
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