Jeantet Budapest has advised Accor-Pannonia Hotels Zrt. on its EUR 42.25 million acquisition of the company holding the real estate on which the Sofitel Budapest Chain Bridge hotel is located from Universale International Realitaten GmbH. Reti, Antall & Partners advised the sellers.
Previously, the hotel was operated by Accor on the basis of a lease agreement.
Accor’s legal advisor for the acquisition process was Jeantet Budapest law firm’s M&A team, composed of Partner Francois D'Ornano and Associate Blanka Borzsonyi.
The Reti, Antall & Partners team consisted of Dora Horvath and Janos Farago.
