Led by Frankfurt partner Marc P. Werner Hogan Lovells has advised Covivio Immobilien GmbH on the divestiture of operating businesses of nine hotels to French budget hotel group B&B Hotels.

B&B Hotels will take over operations of nine Première Classe hotels, still owned by the Covivivo group, which is part of the Foncère des Régions group, one of the largest real estate companies in Europe.

Hogan Lovells has advised Covivio already in the past on numerous Real Estate and Cooperate transactions. In this transaction, Hogan Lovells was again able to score with its powerful hotel team, which includes lawyers who are exclusively specialized in hotel law and who have an impressive track record in the area of hotel contracts and hotel transactions.

Hogan Lovells for Covivio

Marc P. Werner (Partner, Frankfurt), Sabrina Handke (Counsel, Munich), Antonia Degen (Associate, München), Jana Schneider (Projects Associate, Frankfurt) (Real Estate/Hospitality);

Daniel Dehghanian (Counsel), Dr. Johanna Röth-Bäcker (Senior Associate), Alexandra Bleser (Associate) (Corporate/M&A, Dusseldorf);

Dr. Michael Dettmeier (Partner, Tax, Dusseldorf);

Dr. Hendrik Kornbichler (Partner,) Anna Huber (Associate) (Employment, Munich);

Dr. Martin Sura (Partner), Sebastian Faust (Senior Associate), Jan Philipp Sparenberg (Associate) (Antitrust, Dusseldorf).