Clifford Chance and DLA Piper instructed on Madrid hotel deal

Clifford Chance and DLA Piper advised CBRE Global Investors on the acquisition of the Hotel Exe Moncloa in Madrid, which is leased to Grupo Hotusa and Grupo VIPS.

The hotel has 161 rooms as well as 124 parking spaces.

The hotel is located in the Madrid district of Moncloa, close to Gran Vía, one of the main commercial areas of Madrid.

CBRE Global Investors was also advised by PwC, JLL, Christie & Co and Colliers on the deal.