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Wolf Theiss Advises JP Hospitality Investors Club and JP Immobilien Group on Two Hotel Lease Agreements

Wolf Theiss Advises JP Hospitality Investors Club and JP Immobilien Group on Two Hotel Lease Agreements

Austria
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Wolf Theiss has advised the JP Hospitality Investors Club and the JP Immobilien Group on two hotel development and lease agreements for projects in Kitzbuehel and Trieste. DSC Doralt Seist Csoklich and Graf von Westphalen reportedly advised the two hotel operators.

According to Wolf Theiss, “the former Klausner hotel in Kitzbuehel was successfully leased to a subsidiary of DSR Hotel Holding, which will operate the hotel as Henri Country House from December 2023.”

Separately, the “hotel in Palazzo Compartimentale in Piazza Vittorio Veneto in Trieste, Italy, will welcome a new tenant: KNSA Hospitality, which will operate the hotel under the 25hours Hotels brand. The owner of the venerable hotel is PVV Investments SRL, an Italian subsidiary of the JP Immobilien Group. The opening is expected to take place in 2025.”

The Wolf Theiss team included Partner Erik Steger and Counsel Stefan Horn.

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