Aareal Bank Facilitates €250 Million Loan for InterGlobe’s European Hotel Expansion

Aareal Bank in Wiesbaden has successfully arranged a €250 million refinancing for InterGlobe’s pan-European lifestyle hotel portfolio. The portfolio, operated under InterGlobe's Miiro brand, includes nine properties across seven countries, aiming to upgrade assets into a lifestyle-focused collection. This financing supports InterGlobe’s strategy of enhancing property value through targeted renovations.

Miiro is owned by InterGlobe Enterprises UK Ltd, a major Indian conglomerate with interests in aviation and hospitality. The brand already launched hotels in Paris, Barcelona, and London, with expansions in Vienna set for completion by early 2026.

The financing underscores Aareal Bank’s commitment to the hospitality sector, aligning with InterGlobe's objectives to acquire and enhance high-potential European assets. Legal and valuation support was provided by DLA and HVS, respectively.