KUCERA has advised an Irish family office on the sale of two Meininger hotels in Frankfurt am Main and Berlin to Avignon Capital. Meininger’s Berlin hotel with 296 rooms on 7,487 sqm is located directly at Berlin’s main railway station. The Meininger hotel in Frankfurt am Main hotel is located at the Gateway Gardens with 168 rooms on 4,720 sqm. The purchase price amounted to about EUR 48.5 Million.
KUCERA structured the legal side of the selling process for the sellers. In addition to developing the legal concept of the purchase agreement, KUCERA also advised comprehensively in compiling and managing the data room for the purchaser’s due diligence review.
KUCERA partner Oliver Platt, LL.M managed the transaction with a real estate and finance team consisting of Andre Barth and Soma Abedi. Read more …
