Global law firm Freshfields Bruckhaus Deringer (‘Freshfields’) has advised Canada Pension Plan Investment Board (‘CPP Investments’) on the establishment of a new joint venture (JV) focused on the European hospitality sector with Hamilton-Pyramid Europe (‘Hamilton’).
With initial equity commitments of €500m the JV will focus on acquiring operating hotels in key gateway cities and select resort destinations in Europe; markets which offer strong leisure driven demand-supply dynamics, attractive liquidity and a sufficiently deep pool of institutional-quality assets.
The Freshfields’ team, led by real estate partner Victoria Hills, included tax partner May Smith, senior associate Palina Pradhan, associates Mohammad Bagash and Stephanie Austera, and counsel Gabrielle Van Der Haegen.
Further details on the JV can be found here.
Where the legal industry reads first.
Enjoyed this article? Get the biggest legal industry updates, deals, appointments, insights and expert interviews in your inbox, free.
No spam. Unsubscribe anytime.From Legal Desire
Is your firm the one being cited, or the one being skipped?
We ran the test. On several everyday legal questions, software companies are answering and law firms are not. We help firms fix that, and we build the technology behind the practice.
