PLMJ advises Quinta do Lago on landmark hotel acquisition
PLMJ provided legal counsel to Quinta do Lago on the acquisition of the Conrad Algarve Hotel from Flitptrel V, a company managed by ECS and owned by Davidson Kempner Capital Management. This deal marks the largest single-asset transaction in Portugal’s hotel sector to date. The Conrad Algarve Hotel, a 5-star luxury property located in Almancil, features 154 suites, six restaurants and bars, a luxury spa, and 82 tourist apartments and villas.
The advisors
The multidisciplinary PLMJ team was led by partners Carmen Baptista Rosa, specializing in real estate and tourism and head of the Faro office, Teresa Madeira Afonso, co-coordinator of real estate and tourism, and Bruno Ferreira, specializing in banking, finance, and capital markets. Other key contributors included Luís Miguel Vasconcelos, coordinating associate for banking, finance, and capital markets, Rita Calafate from the insurance team, Gabriela Mendonça Santos, from the litigation department (both senior associates in the Faro office), and Tiago Jesus Bento, an associate in banking, finance, and capital markets.
