Amedia Hotel The Rock – Graz, Austria
Key Service: Hotel Planning & Development
Location: Graz, Austria
Product: Financial Feasibility Study & Project Valuation
The A2Z tower “The Rock” is being built on the 6,607 m² plot at the Liebenauer Tangente in Graz. The tower will have 8 floors for office use and an Amedia Hotel with 202 double rooms and 28 apartments with top equipment on 13 floors as well as a conference centre on 1,000 m².
The financing bank required from the developer to be supplied with an independent financial feasibility study and project valuation before agreeing to provide the requested funding. Horwath HTL was instructed with this assignment and was able to prove that the projected rent is economically viable and reasonable.
Opening is planned for Q3 2021.