Spending the night in the White House – that will soon be possible. Not in Washington, but in an absolute premium location on the Outer Alster in Hamburg-Rotherbaum. The former US consulate is a neoclassical eye-catcher on the banks of the lake, with its columned portal intentionally reminiscent of the great model in the USA. Now the US government, which we advised, has sold the "Little White House on the Alster". To DERAG, which will convert the listed landmark into a hotel - with a concept that takes the architecture and history into account.
A successful transaction that involves much more than negotiating, preparing and signing the contract. Above all, everything must be done in advance to create a reliable basis for negotiations and thus full transparency for both seller and buyer. What condition is the property in? Does it comply with current building regulations? Where are the opportunities, where are the challenges? Where and how can the purchase price be realistically optimised? And how much modernisation and investment is required overall? Our technical due diligence team clarified these and other questions in this context and thus created the basis for the sale.
