Conseq Realitní acquires iconic EA Hotel Atlantic Palace in Karlovy Vary

by   CIJ News iDesk III
2025-01-16   06:54
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Conseq Realitní, a real estate investment fund, has finalized the acquisition of the landmark EA Hotel Atlantic Palace, a prominent five-star hotel in the heart of Karlovy Vary. The deal was facilitated by real estate consultancy Reals, which provided comprehensive advisory services throughout the process.

Located in the historic spa town renowned for its thermal springs and cultural heritage, the EA Hotel Atlantic Palace is a prime example of neo-Renaissance architecture. It offers high-end accommodations and stunning views of Karlovy Vary’s iconic landmarks, making it a favored destination for international tourists.

The transaction signals Conseq Realitní’s commitment to expanding its portfolio with premium assets in sought-after locations. A spokesperson for Conseq Realitní noted, “The acquisition of the EA Hotel Atlantic Palace reinforces our strategy to invest in properties with exceptional value and long-term growth potential. Karlovy Vary’s status as a premier tourist destination adds significant strength to this investment.”

Reals played a pivotal role in the successful completion of the deal, providing services that included due diligence, asset valuation, and transaction structuring. The consultancy leveraged its extensive knowledge of the hospitality sector to ensure that Conseq Realitní achieved its investment objectives.

“We are proud to have supported Conseq Realitní in securing such a prestigious property,” said a Reals spokesperson. “The EA Hotel Atlantic Palace is a cornerstone of Karlovy Vary’s hospitality sector, and this acquisition reflects the growing interest in high-value real estate in the region.”

Photo: hotelatlanticpalace.cz

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