Newmark in Germany has expanded its advisory portfolio to include the hotel real estate asset class. Christoph Härle will immediately take up the position of Chairman. In his new role, Mr Härle will build a specialised team for transactions and advisory services in Germany, Austria, and Switzerland, based on existing mandates.
Marcus Lütgering, Country Head Germany at Newmark, expressed his appreciation for the appointment. He emphasised that Christoph Härle is considered an institution in the real estate industry. His international expertise, decades of experience, and extensive network distinguish him as one of Europe's leading hotel real estate consultants. Mr Lütgering further stated that Mr Härle possesses a profound understanding of the hotel real estate market and has experience on both the capital and operator sides. This enables the development of precise strategies and solutions tailored to the respective client needs.
Over three decades, Christoph Härle has held various international leadership positions in hotel investment consulting. During this time, he advised on a multitude of transactions, leases, and strategic mandates across Europe. Before founding his own consulting firm, Mr Härle worked for JLL for 25 years, where he held roles in the Hospitality and Global Capital Markets segments.
His most recent advisory activities included, among others, supporting the Zech Foundation in the acquisition of the Öschberghof Hotel & Resort in Donaueschingen. He also advised the Geisel family on the sale of the Excelsior in Munich. For Unicredit Bank, he was responsible for leasing Ten Towers to Fattal Hotels. Additionally, Christoph Härle was active as a supervisory board member at MHP Hotel AG.
Christoph Härle analysed the development of the hotel real estate sector. He noted that despite past crises, this sector has evolved into an increasingly attractive and stable asset class, for institutional and private investors as well as private equity investors. Looking at the OECD's future forecasts, which anticipate above-average growth rates for global tourism, and simultaneously a limited development of new projects, Mr Härle sees hotel real estate as a sought-after asset class with a very positive outlook.
