Business in brief
Vastint Hospitality was established in 2012 to generate long-term value by investing in and developing hotel and student properties across Europe.
Vastint Hospitality is in the process of building a portfolio of at least 50 hotel investments across Europe over the next five years by acquiring sites for development predominantly in Germany, the United Kingdom, Italy, the Netherlands, France, Belgium, Austria and the Nordics.
Vastint Hospitality has entered into an agreement with Marriott International to develop and own new limited service hotels under their new Moxy Hotels brand. The hotels will be operated under franchise agreements by third party operators and will be retained by Vastint Hospitality in its investment portfolio. The development sites will be in major business locations such as city centres, airports, business parks, exhibition centres and railway stations.
Social responsibility
Vastint works towards positive long term social, economical and environmental solutions and developments. We consider it to be a never ending job to continuously learn more and improve our way of working with sustainability.
It has been a natural part of our operations and everyday life for a long time. Consequently, for many years we have been building to the highest internationally recognised sustainable construction certifications, including LEED, BREEAM and WELL. Vastint strives to achieve LEED Gold alternatively BREEAM Excellent certification, or above, in all new developments and refurbishments.
So far we received around 80 environmental certifications. Also we are proud to own five of the top 10 LEED-certified buildings in Europe and to have built some of the first sustainable buildings in some of the countries we operate in.
Since 2014 we have published an annual Sustainability report focusing on performance of properties, safety of properties, business ethics and certification of properties. Please see this year’s Sustainability report for more information.