In one of the largest hotel portfolio deals in recent years, Freshfields advised QMH Ltd. on the sale of QMH Germany to Israel-based Fattal Hotel Group and other international investors.
International law firm Freshfields Bruckhaus Deringer has advised QMH Ltd. on the sale of Queens Moat Houses Holding GmbH (Germany), a company holding and operating a large portfolio of German hotels, to Israel-based Fattal Hotel group and further investors. The transaction is one of the largest hotel portfolio deals in recent years.
The QMH Germany portfolio comprises 15 Holiday Inn hotels, 4 Best Western hotels and one Queens hotel, all located in German premium cities such as Berlin, Cologne, Düsseldorf, Frankfurt, Hamburg, Hannover or Munich. With the acquired portfolio, Fattal Hotel Group now owns 85 hotels, 54 in Europe and 31 in Israel. Fattal operates its European hotels under the brand Leonardo. In Germany, Fattal now runs 45 hotels in 20 cities.
The advising international Freshfields team for QMH Ltd. comprised real estate specialists Timo Elsner, Hanns Arno Magold, Tim Behrens, Matthias Fischer and Carolin Kornfeld as well as Jan Brinkmann, Sandra Auer (both tax), Timon Grau (employment) and Oliver Jefferies (finance)