Pérez-Llorca advises Hotei on €105M hotel sale
Pérez-Llorca has advised Hotei Properties Group on the sale of a five-star hotel located in Madrid for a total price of €105 million. The property, currently operated under a lease agreement by Nômade Group, comprises 93 rooms, a restaurant, a bar and a wellness area. Chevez advised Bacares, the buyer in the transaction.
Deal details
The Pérez-Llorca team covered all legal aspects of the transaction on behalf of Hotei Properties Group, including corporate matters such as the adoption of corporate resolutions and the execution of public deeds, as well as the negotiation of the sale and purchase deed for the hotel.
Advisory team
The Pérez-Llorca team was led by Fausto Romero-Miura, partner in the real estate department, and Patricia Alonso-Lamberti, lawyer in the same practice. They were joined by Alice Zuliani, lawyer in the real estate team, alongside the tax team formed by José Azqueta, partner in the Tax department, and María Gutiérrez, lawyer in the same area.