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Andersen advises Reig Capital Group on the sale of Mandarin Oriental hotel in Barcelona to The Olayan Group
| News | Corporate Law and M&A
This is one of the biggest transactions of the year in the hotel market
Andersen has advised Reig Capital Group on the sale of the Mandarin Oriental hotel in Barcelona to the Saudi investment group The Olayan Group, which has become one of the largest transactions of the year in the hotel market.
The transaction includes the hotel asset, the hotel management and the adjacent commercial premises. The exclusive five-star establishment, with 120 rooms, was inaugurated in 2010 and is located on Passeig de Gràcia, the commercial hub of luxury in the heart of Barcelona.
José Ignacio Parellada, Partner in the M&A area, and Elvira Molina Agut, Lawyer in the same department, have been responsible for advising on the transaction.
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