The property acquired by ANH is located at Scharnweberstrasse 21 in the vibrant Berlin district of Friedrichshain.

The property, which was previously used by Ibis Styles, a hotel brand of the Accor Group, consists of three buildings: The front building will be converted into a modern hotel following an extensive renovation. The freshly designed, light-colored facade and the contemporary interior create a successful blend of historic architecture and modern design, providing ideal conditions for an innovative use concept. In the courtyard, the property is complemented by a carriage house and a three-story rear building. After the upcoming renovation, these buildings are set to serve as commercial spaces, which will be flexible for a variety of commercial usage scenarios.