Greenberg Traurig Maher (GTM) and Stephenson Harwood have taken lead roles on InterContinental Hotels Group's (IHG) £302m sale of its Park Lane London hotel to investment group Constellation Hotels Holding. The deal, which has seen IHG secure a 30-year contract to manage the 447-room hotel, with a possible extension to 60 years, comes after Constellation's acquisition in February of four luxury hotels in France from Starwood Capital.
April 11, 2013 at 07:03 PM
1 minute read
The original version of this story was published on Legalweek
Greenberg Traurig Maher (GTM) and Stephenson Harwood have taken lead roles on InterContinental Hotels Group’s (IHG) £302m sale of its Park Lane London hotel to investment group Constellation Hotels Holding.
The deal, which has seen IHG secure a 30-year contract to manage the 447-room hotel, with a possible extension to 60 years, comes after Constellation’s acquisition in February of four luxury hotels in France from Starwood Capital.
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