SRS advises Fidelidade on €28m acquisition of Yotel

SRS Advogados has advised Fidelidade – Sociedade Gestora de Organismos de Investimento Coletivo, S.A. on its recent acquisition of Yotel, a hotel in Porto.

The operation was completed through the Real Estate Fund IMOFID, held by Fidelidade (49%) and other major Portuguese corporate investors. The total amount of the deal was just over 28 million euros.

SRS Advogados’ team was coordinated by Neuza Pereira de Campos (pictured) responsible for the firm’s Real Estate department.

Michael Heron