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Dentons advises Union Investment on the acquisition of Holiday Inn Warsaw City Centre

19 Feb 2018

Dentons' Real Estate team in Warsaw has advised Union Investment, the Hamburg-based real estate investment manager, on the acquisition of Holiday Inn Warsaw City Centre. The hotel was acquired for the portfolio of UniImmo: Deuschland from UBM.

Opened in December 2017, Holiday Inn Warsaw City Centre comprises 256 rooms, and its architecture is inspired by New Yorks's Flatiron Building. The modern building is conveniently located, in the heart of Warsaw, in the immediate vicinity of several business centers, a shopping mall, and the central railway station.

The developer, vendor and operator of Holiday Inn Warsaw Centre is UBM. Day-to-day management of the hotel will be handled by the InterContinental Hotels Group (IHG) under the Holiday Inn brand.

Pawel Debowski, Chairman of Dentons' Europe Real Estate group, supervised the project. Counsel Anna Garbula-Wegrzynowska led the transactional team with the support of senior associate Magdalena Szwarc-Brozyna and associate Katarzyna Lawinska.

Matter Type
Asset Sale: Acquiror's Counsel
Industry
Real Estate & Construction
News Category
Real Estate & Construction