Blue Coast Buys Courtyard by Marriott in Munich for $88M
On July 23, 2025, London-based Blue Coast Capital completed the acquisition of the 248-room Courtyard by Marriott Munich City Center for €74.9 million (around $88.2 million). The hotel, located near Munich Central Station, was purchased from Union Investment GmbH.
Blue Coast Capital, established in May 2019 through a merger, is a pan‑European real estate investor. Its hotel portfolio includes the 278‑room Marriott Hamburg, acquired in 2015 for approximately €55 million (around $64.7 million).
The Courtyard property had been held by Union Investment's open-ended "UniImmo: Europa" fund since the hotel’s opening in 2006.
The deal was brokered with support from JLL, a global real estate and investment firm, and legal counsel by Hogan Lovells, a global law firm.
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