Picture of Christie logo

CTG Christie News Story

0.000.00%
gb flag iconLast trade - 00:00
IndustrialsSpeculativeMicro CapNeutral

REG - Christie Group PLC - Christie & Co advises on sale of Vienna Marriot

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250701:nRSA2436Pa&default-theme=true

RNS Number : 2436P  Christie Group PLC  01 July 2025

1 July 2025

 

Christie Group plc

("Christie Group" or the "Company")

 

Christie & Co advises on successful sale of Vienna Marriot Hotel

 

Christie Group plc (CTG.L) is pleased to report that its agency and advisory
business, Christie & Co, has advised and exclusively brokered the sale of
the prestigious Vienna Marriott Hotel on behalf of CPI Europe.

 

The hotel, located on the city's famous Ringstraße, has a new owner: an
international investor consortium has acquired the iconic hotel property from
its previous owner, CPI Europe, which is divesting the asset at Parkring 12a
as part of its strategic repositioning.

 

Almost exactly 40 years after its opening on 1 July 1985, one of Vienna's most
renowned hotels is changing hands. With 328 rooms and suites, the property was
the first Marriott hotel in the German-speaking region and has since become a
key player in the Viennese hotel market. The hotel will continue to be
operated under a long-term management agreement by Marriott International.

 

Lukas Hochedlinger MRICS, Managing Director Central & Northern Europe at
Christie & Co, comments: "This transaction is among the most significant
hotel sales in recent years and highlights the attractiveness of the Austrian
hotel investment market. Vienna, in particular, remains a focal point for
international investors - as reflected in the strong interest throughout the
sales process. It was an honour to support CPI Europe in the sale of this
trophy asset."

 

Dan Prickett, Chief Executive of Christie Group plc and Christie & Co
Chairman, comments, "The successful sale of this stunning property once again
illustrates the capability and market presence of our growing international
brokerage teams. Across the UK and Europe, Christie & Co remain at the
heart of the transactional hotel market, while we continue with our efforts to
broaden our sector-specialist coverage to create a multi-sector brand on the
continent."

 

Enquiries:

 

Christie Group plc

Dan
Prickett
07885 813101

Chief Executive

 

Simon
Hawkins
07767 354366

Chief Financial Officer

Shore Capital

Patrick
Castle
020 7408 4090

Nominated Advisor and Broker

 

Notes to Editors:

Christie Group plc, quoted on AIM, is a leading professional business services
group with 32 offices across the UK and Europe, catering to its specialist
markets in the hospitality, leisure, healthcare, medical, childcare &
education and retail sectors.

 

Christie Group operates in two complementary business divisions: Professional
& Financial Services (PFS) and Stock & Inventory Systems &
Services (SISS). These divisions trade under the brand names: PFS - Christie
& Co, Pinders, Christie Finance and Christie Insurance: SISS - Venners and
Vennersys.

 

Tracing its origins back to 1896, the Group has a long-established reputation
for offering valued services to client companies in agency, valuation
services, investment, consultancy, project management, multi-functional
trading systems and online ticketing services, stock audit and inventory
management. The diversity of these services provides a natural balance to the
Group's core agency business.

 

For more information, please go to https://www.christiegroup.com/.

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DISBBGDRRDGDGUB

Recent news on Christie

See all news