Slaughter and May advised YTL Corporation Berhad on the acquisition of the entire issued share capital of a Spanish project company
Slaughter and May advised YTL Corporation Berhad on the acquisition by its subsidiary, YTL Hotels & Properties Sdn Bhd, of the entire issued share capital of a Spanish project company, SOL HTL Project, S.L.U., for EUR 220 million. SOL HTL Project is undertaking a real estate development project to convert an existing office building in the centre of Madrid into a 200-room hotel to be operated under the EDITION brand of Marriott International, Inc. at Plaza de Celenque no. 2, 28013 Madrid, Spain.