DLA Piper advises NH Hoteles on sale of share capital to Foncière des Mur subsidiary

DLA Piper has advised NH Hoteles SA on the sale of the entire issued and outstanding share capital of Onroerend Goed Beheer Maatschappij Stadhouderskade Amsterdam BV (OGBM) to a subsidiary of Foncière des Murs, a french real estate management company.

OGBM is the owner of the property in which the NH hotel Amsterdam centre is operated. Foncière des Murs and NH Hoteles SA also entered into a lease agreement for the sold property, in order for NH Hoteles to continue operating its hotel business of the Amsterdam Centre.

The agreed-upon purchase price for OGBM was €47,900,000m (£38,400,000m).

The team of DLA Piper consisted of Daphne Bens, Pieter Paul Terpstra, Ewoud de Vries and Jacklynn Everduim.