Freshfields Bruckhaus Deringer (‘Freshfields’) has advised Archer Hotel Capital (‘Archer’) on its acquisition of the Madrid Edition Hotel from KKH Property Investors (‘KKH’) for €205m.

The property will continue to be developed by KKH, and is centrally located by the Puerta del Sol and Plaza Mayor in Madrid, Spain.

Archer is a European hotel investor, with a portfolio of 11 hotels across Europe. Freshfields advised on the formation of Archer in 2018 and subsequently on the sale of the Paris Marriott Rive Gauche Hotel and Conference Centre in 2019.

The deal closed on 9 February 2021.

The Freshfields team was led by partners Victoria Hills and Fernando Soto, supported by associates Abigail Gibb and Francisco Moya.