PPHE Hotel Group
PPHE Hotel Group has leased c. 709 sq m office space in Amsterdam.
PPHE Hotel Group (PPHE) has signed a lease agreement of c. 709 sq m office space situated on the 9th floor of office building “Motion” located at Radarweg 60 in Amsterdam. PPHE is currently located at the Amsterdam South Axis and will move to Amsterdam Sloterdijk in December.
PPHE Hotel Group is an international hospitality real estate company, with a £1.7 billion portfolio (valued as of summer of 2019) of primarily prime freehold and long leasehold assets in Europe. Through its subsidiaries, jointly controlled entities and associates it owns, co-owns, develops, leases, operates and franchises hospitality real estate. Its primary focus is full-service upscale, upper upscale and lifestyle hotels in major gateway cities and regional centres, as well as hotel, resort and campsite properties in select resort destinations. PPHE Hotel Group benefits from having an exclusive and perpetual license from the Radisson Hotel Group, one of the world's largest hotel groups, to develop and operate Park Plaza® branded hotels and resorts in Europe, the Middle East and Africa. In addition, PPHE Hotel Group wholly owns, and operates under, the art'otel® brand and its Croatian subsidiary owns, and operates under, the Arena Hotels & Apartments® and Arena Campsites® brands.
PPHE is one of the largest hotel owners / operators of hotels in central London and the group is active in the Dutch market with four hotels in Amsterdam and hotels in Utrecht and Eindhoven. In the last two years in Amsterdam and Utrecht, the group has invested over £ 35 million in the renovation and repositioning of several hotels. The current portfolio in Europe consists of 38 hotels and resorts with around 8,800 rooms and 8 campsites with 6,000 camping pitches and accommodations. Expansion of the group is planned with two new hotels in London and one in New York.
PPHE Hotel Group is a Guernsey registered company with shares listed on the London Stock Exchange and a constituent of the FTSE 250. The Headquarters is located in Amsterdam.
NL real estate – Knight Frank advised PPHE during the entire commercial process.