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Stibbe advises Accor

01 May 2015

Stibbe advises Accor on the sale and franchise-back of 29 hotels in the Netherlands and Germany for a total value of €234 million.

The portfolio comprises 2 ibis budget, 11 ibis, 12 Mercure and 4 Novotel hotels. Of the 29 hotels sold, 27 were acquired in June 2014 as part of the acquisition of the Moor Park portfolio, on which transaction Stibbe advised Accor as well.

Maarten de Bruin, Rein Wesseling, Paul Quist, David Meijeren, Boris Cammelbeeck, Christien Saris

Matter Type
Asset Sale: Seller's Counsel
Industry
Sport & Leisure
News Category
M&A
Real Estate & Construction