Practice Areas - Real Estate Law Firms and Lawyers
| Deal Date: | 04-03-2014 | Practice Area: | Real Estate |
| Deal Title: | Invesco RE Acquisition of Four InterCityHotels | Industry: | Real Estate Investment & Services |
| Description: |
Invesco Real Estate acquired on behalf of an institutional investor four InterCityHotels in the German cities of Darmstadt, Mainz, Frankfurt am Main (Airport) and Rostock from several vendors. The transaction value lies in the high double-digit million euro range.
In the case of each of the above entities, both companies have concluded new 30-year hybrid leases. In addition, extensive modernisation of individual entities was agreed upon.
King and Wood Mallesons SJ Berwin advised Invesco Real Estate on this transaction (Karin Elske).
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| Financial Center: | Munich | Value: | 0.00-100.00 |
| Advised Party: | Purchaser | Law Firm | King & Wood Mallesons SJ Berwin |
| Real Estate Jurisdiction | Germany | Purchaser Jurisdiction | Germany |
| Classification: |
Real Estate Acquisitions and Disposals Hotels |
Lawyer | Karin Elske |
