Financing of a European portfolio for The Social Hub

Green Financing

Aareal Bank refinanced a EUR 566 million facility with The Social Hub (TSH), together with two participating lenders. Operated under TSH’s hybrid hospitality concept offering co-working, events, hotel, extended-stay rooms, and student accommodation, the cross-border portfolio comprises 13 properties across the Netherlands, Spain, France and the UK. Aareal Bank acted as the arranger, agent, and security agent of the senior loan, which is classified by Aareal as a green loan under its own Green Finance Framework.

With nearly 7,000 rooms across Europe and another 3,000 in the pipeline, The Social Hub, formerly known as The Student Hotel, has evolved into an enviable brand amongst tourists students, and young professionals alike.

Hybrid hospitality concept

Arranger, Agent & Security Agent

EUR 566,000,000

13 properties across the Netherlands, Spain, France, and the UK

Download Transaction Announcement

“We are delighted to establish this relationship with such a unique hospitality brand and operator as TSH. The distinction between traditional hotel services, co-working, co-living student accommodation and retail is becoming blurred. Today, people live, work and travel differently they crave that social aspect and sense of community. TSH offers just the right blend of liveliness, style, and function in a concept that has been proven to be both highly resilient and attractive.”

Michelle Weiss

Head of Hotel Properties at Aareal Bank

Your contact persons

Bettina Graef-Parker

Managing Director
Special Property Finance

+49 611 348 2416
Send e-mail

Michelle Weiss

Head of Hotel Properties

+49 611 348 2995
Send e-mail

More deals

0 / 0