Noerr advises Real I.S. on acquisition of hotel property in Barcelona

A team from Noerr headed by our partners Martin Haisch and Alexander Schilling has advised Real I.S. on the acquisition and financing of the landmark hotel property “Barceló Raval” in Barcelona’s city centre from Union Investment.

Apart from the investment law and tax due diligence, our advice also covered designing the acquisition structure on behalf of Real I.S. in line with German law and reviewing the funding for the acquisition under investment and finance law.

Alongside our advice on German real estate transactions under the lead of Annette Pospich, our firm also advises Real I.S. on an ongoing basis on the investment and tax aspects of structuring and implementing international real estate transactions.

Advisors to Real I.S.:

Noerr: Martin Haisch (partner, investment law and tax), Alexander Schilling (partner, finance), Tim Löper (associated partner, investment law and tax) and Selena Nastvogel (associate, finance)

Other advisors to Real I.S.: Linklaters Madrid (legal) and BDO Madrid (tax)

Advisors to Union Investment: Pérez-Llorca Madrid (legal and tax)