Novaxia NEO, a SCPI managed by Novaxia Investissement, continues its strategy of geographic and sectoral diversification with the acquisition of a hotel in Dresden, Germany. This property, comprising 103 rooms and spanning 5,762 m², generates a gross yield of 7.61% with a 15-year lease signed with a leading hotel operator.
The recently renovated Amedia Hotel is a 3-star establishment located near Dresden's central train station. It offers a restaurant, bar, wellness area, and six meeting rooms for events and seminars. The city benefits from a dynamic hotel market and a strong tourist influx, with over a million national arrivals each year.
The property is managed by HR Group, a major player in multi-brand hotel operations in Europe. With over 15 years of experience, the Berlin-based group operates hotels under 25 established brands, including Amedia, Accor, Wyndham, Hyatt, Hilton, and Marriott. Present in 12 countries and 83 European destinations, HR Group collaborates with institutional investors, ensuring professional and reliable asset management.
An Acquisition Aligned with Novaxia NEO's Strategy
Acquired for €8.472 million, the hotel is leased for a minimum of 15 years, ensuring rental income security. Located in Germany, this property offers investors the advantage of more favorable tax conditions. Novaxia NEO, which aims for a distribution rate of over 6% for the fifth consecutive year, continues to provide its investors with diversified and sustainable management, with strong profitability potential.
Commitment to Sustainability and Carbon Footprint Reduction
As part of its sustainable management strategy, Novaxia NEO plans to reduce greenhouse gas emissions from this asset by 40% through energy optimization works. Since its inception, the SCPI has already reduced CO2 emissions by 70 tons while achieving energy savings across several sites.
With this acquisition, Novaxia NEO continues its geographic diversification and performance-driven approach, placing this hotel asset at the heart of its growth strategy.
"Thanks to its fundraising, Novaxia NEO has completed its second acquisition since the start of the year! It also meets all our commitments to investors: sectoral and geographic diversification, high yield potential, long-term lease with a quality tenant who has been in place for almost 5 years. Focused on continuing to combine performance with resilience, we aim, for the 5th consecutive year since Novaxia NEO’s creation, a Distribution Rate exceeding our (non-guaranteed) 6% target." - Mathilde Krieger, CEO of Novaxia Investissement
