Ibervalles acquires Novotel Valencia Lavant: advisors
Ibervalles has completed the acquisition of the Novotel Valencia Lavant hotel from Pictet Alternative Advisors, the alternative investments division of the Swiss Pictet Group. Uría Menéndez and Pérez-Llorca represented the seller, Pictet.
With this transaction, the firm led by Marisol Gallego strengthens its presence in high-demand locations, adding 370 rooms operated under a franchise model by the French giant Accor. The four-star property, which reopened in February 2025 following a comprehensive refurbishment, is located in one of Valencia’s most promising areas.
On Uría Menéndez’s side, the team advising Pictet Real Estate Capital was composed of Elizabeth Torrecillas (partner, M&A, Valencia), Diego Armero (partner, M&A-Real Estate, Madrid), Andrea Sandi (counsel, M&A-Real Estate, Madrid) and Daniel Segovia (senior associate, M&A, Valencia). Héctor Nogués (counsel, Urban Planning, Valencia) and Esperanza Cots (supervising associate, Urban Planning, Valencia) advised on the urban planning matters of the transaction, and Raúl Boo (partner, Employment, Madrid) and Alba Pérez (counsel, Employment, Valencia) advised on the employment matters.
On Pérez-Llorca’s side, advisors for this operation were José Azqueta (partner, Tax), Yi Zhou (partner, Tax) and Daniel Encinas (lawyer, Tax).
Pictured, from left to right: Elizabeth Torrecillas, Diego Armero, José Azqueta and Yi Zhou.
