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Matter 09 · Hotels & commercial · Acquisition

A seaside resort hotel, under acquisition.

The acquisition of a seaside resort hotel — one of two hotel transactions the practice is running in parallel, where the licence inheritance matters as much as the price.

Parties
Acquiring company (firm advising) / hotel owners
Asset
Seaside resort hotel
Status
In progress · one of two live
Practice
Hotels & commercial · acquisition

The brief.

A dedicated vehicle is acquiring a seaside resort hotel. As with any Greek hotel, the asset sits on a stack of permissions — its tourism classification, its building and fire-safety certifications, its environmental clearances — each of which can be inherited, but each of which must be inherited correctly.

The price is the straightforward part. The work is the licence audit, the structure of the deal — asset or share — and the financing that sits behind it, the same bond-loan toolkit the practice uses across its hospitality matters.

We act on the Greek-law leg: the diligence on the licence stack, the acquisition structure, the conditions to closing and the security for the financing.

Outcome.

The transaction is in progress alongside a second hotel acquisition the practice is running at the same time — a current, working hospitality book rather than a single historic deal.

Both are being taken from diligence through to a financed close.

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