Clifford Chance instructed on sale of Madrid’s Hotel Villa Magna

Clifford Chance advised Turkish conglomerate Dogus Holding on the acquisition of Madrid’s Hotel Villa Magna from Portuguese company Sodim.

 

The transaction was valued at €180 million, according to Mergermarket data.

Famous guests at the hotel – which is located in Madrid’s Paseo de la Castellana – have included Hollywood actresses Cameron Diaz and Gwyneth Paltrow as well as tennis star Roger Federer.

Earlier this year, Dogus Holding completed the acquisition of a 70 per cent stake in shipyard Marina Barcelona 92.

Ben Cook

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