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Freshfields advises B&B Hotels on the acquisition of operations of nine hotels from Covivio

Freshfields Bruckhaus Deringer LLP (‘Freshfields’) has advised the French budget hotel group B&B Hotels on the acquisition of the operating business of nine hotels in Germany from Covivio. 

Covivio is one of the largest real estate enterprises in Europe and part of the Foncière des Régions group. The hotels were previously operated as Première Classe hotels and are located in Berlin, Düsseldorf, Frankfurt Offenbach, Hannover, Kassel, Cologne, Schweinfurt and Munich. 

B&B Hotels, which operates over 440 Hotels in Europe, is taking over day to day management of the nine hotels from 1 November 2018. It is expanding its presence in key cities and hubs across Germany. Including these new openings, B&B Hotels' portfolio in Germany will comprise of 124 hotels by the end of 2018. 

The Freshfields team comprised of partner Julia Haas, and included partners René Döring, who advised on labour law, and partner Frank Röhling on antitrust law.

ENDS

Notes for editors

About Freshfields Bruckhaus Deringer 

Freshfields Bruckhaus Deringer LLP is a global law firm with a long-standing track record of successfully supporting the world's leading national and multinational corporations, financial institutions and governments on ground-breaking and business-critical mandates. Our 2,800 plus lawyers deliver results worldwide through our own offices and alongside leading local firms.  Our commitment, local and multi-national expertise and business know-how means our clients rely on us when it matters most.
 

The Freshfields team was led by: