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DLA Piper advises NH Hoteles

25 Jun 2014

DLA Piper advised NH Hoteles S.A. on the sale of the entire issued and outstanding share capital of Onroerend Goed Beheer Maatschappij Stadhouderskade Amsterdam B.V. ("OGBM") to a subsidiary of Foncière des Murs, a french real estate management company. OGBM is the owner of the property in which the NH hotel Amsterdam centre is operated. Foncière des Murs and NH Hoteles S.A. also entered into a lease agreement for the sold property, in order for NH Hoteles to continue operating its hotel business of the Amsterdam Centre.

The agreed upon purchase price for OGBM was EUR 47,900,000 million.

The team of DLA Piper consisted of Daphne Bens, Pieter Paul Terpstra, Ewoud de Vries and Jacklynn Everduim.

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