(LONDON) Katten Muchin Rosenman UK LLP (Katten) has advised long-standing client Fattal Hotel Group (the Group) on the acquisition of three Leonardo Hotels across England.
The Fattal Hotel Group, which owns more than 300 hotels across Europe, the United Kingdom and Israel, boasts the 4-star Leonardo Hotels as its flagship brand. A cross-practice Katten team led by Real Estate Partner Gavin Vollans has advised the Group on the acquisition of seven hotels in the last 12 months, including, most recently, Leonardo Hotel Southampton, Leonardo Hotel Exeter and Leonardo Hotel Chester. Already operating the three sites under Full Repairing and Insuring (FRI) leases, the Group has now consolidated its ownership by successfully acquiring the landlords' interests through three single-asset transactions.
Assisted by Private Credit Partner Peter Englund, Corporate Associate George Warren and Real Estate Chartered Legal Executive Rebekka Visser, Vollans advised on all aspects of the transaction.
Commenting on the three acquisitions, Vollans said:
"We are thrilled to have worked with Fattal and the team at Leonardo Hotels on these latest acquisitions. The team's ambitious vision has no bounds despite the more general hospitality industry appearing to be struggling. Always on the lookout for other growth opportunities, we look forward to working with them again in the new year to help with their never-ending quest for expansion."
London
